To maintain accurate financial records in Wave, there are three key steps to follow:
- Import your transactions.
Have a record of your financial activities.
- Categorize your transactions.
See where your money is coming from, and where it’s being spent.
- Reconcile your accounts.
Ensure your reporting in Wave matches exactly with your bank and credit card statements.
Step 3 - How to reconcile your accounts
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For personalized assistance with bookkeeping, accounting, and payroll in your Wave account, check out Wave Advisors. If you have any questions about working with Wave Advisors, schedule a coaching sales consultation.