Hi, I have a main business account, and a linked savings account. How would i record transactions between these accounts on Wave Accounting. Any assistance here would be highly appreciated! Thanks!
When I go to the Chart of Accounts page, i cant find any options that match a savings account. So I'm not sure how to note the movement of funds between these accounts in my transactions.
Hey @Ecologic_admin , thanks for reaching out! Am I right in thinking that you're looking to record a transfer of funds from one account to another? If so, you can do so by first creating the relevant accounts in your Chart of Accounts, and then categorizing your transactions as transfers.
Learn more here.