With the Wave reconciliations feature, the date must match the date of the bank statement. But we'd like to post when the check was written rather than just when it cleared. Is there a way around this?
Hey @jlynnko! It does require a little bit of a workaround, but essentially in that case you'd want to not follow the steps for check clearing, and instead only keep the transaction from when the check was written/invoice marked as paid. This however would mean that you'd need to delete the bank withdrawal transactions as they came into Wave so that you don't double up on income (or expenses if you're the one writing the check). The other option would be to continue as you are, but reconcile manually by comparing your actual bank statement against your account transaction report in Wave (using the Cash and Cash Equivalents version) and ignore the discrepancy within the actual Reconciliation tab as you'll know for sure that Wave and your bank are balancing, but posting date is throwing off timelines.
I think our treasurer has been entering all transactions manually so I will forward this info to her. Thanks.