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  1. Help Center
  2. Accounting
  3. Key accounting concepts
  4. Key concepts

Key concepts

  • Difference between business, account, and transaction currency
  • Understand how money in transit accounts work in Wave
  • Introduction to debits and credits
  • Record a journal transaction
  • Enter a starting balance for a new account
  • Depreciation in Wave
  • Understand how foreign currency transactions are recorded
  • Why can't I bulk edit certain transactions?