A journal transaction is used to enter business activity that doesn't involve money changing hands.
A journal transaction can only be entered in your business currency.
To add a journal transaction:
- Log in to your account from a web browser at waveapps.com.
- On the left-side menu, click Accounting > Transactions.
- Click Add transaction at the top right, then select Add journal entry.
- Enter a date and description for the entry.
- On the first line, write a description, select an account, and enter the amount for the debit.
- On the second line, write a description, select an account, and enter the amount for the credit.
- Click Add line to add additional lines.
- Once you’re done creating the journal transaction, click Save.
If the Save button is grayed out, your journal entry does not balance. Debit and credit amounts must match for the transaction to balance.
Your journal entry appears as one transaction on the Transactions page.
To upload journal transactions in bulk, use Wave’s Google Sheets integration, Wave Connect.