Best way to record incoming payments and expenses
I own an event management business and I want to use Wave in a way that I will know the expenses versus income for each event I run. At the moment I am adding each new event as an account and recording both the payment from the client and the expenses associated with the event under this account. However I noticed that the account is actually falling under assets (cash and bank). Therefore I wondered if anyone had any advice as to whether there is a better way to be recording my income and expenses?