How to add an income transaction on Wave Financials

Authored by: Support.com Tech Pro Team

1. Introduction

How to add an income transaction on Wave Financials

 

2. Add an income transaction

  1. Click Accounting in the menu on the left side of your screen and select Transactions.
  2. Click the Add Income button at the top of the page.
  1. Click within any of the following fields of the income entry to enter details for:
  1. Description
  2. Account
  3. Date
  4. Deposit or Withdrawal
  5. Amount (the after-tax amount for the transaction)
  6. Category
  7. Add a tax if applicable.
  8. Click Save.

A small but essential FYI regarding deleting things in Wave:

If you delete data in Wave, you won’t be able to recover it. Because you own your financial information, if you delete it, you’re telling us you don’t want us to store it anymore. So we won’t! Anything you delete (invoices, bills, manually created or imported transactions, journal entries, and pretty much anything else you can add) is gone forever once it’s deleted. This includes your entire Wave account, should you choose to close it; you can read more about that here.

If you delete something you realize you need back, you’ll need to enter it or create it again. You can reference information from outside Wave to help with this, like bank statements, bills, or receipts. We don’t store any of your old data or older versions of your account, so make sure you want to delete something before you hit that button!