
Wave Apps: Entering Expenses
This video is a demonstration of entering expenses in Wave.
0:00 Intro
0:27 Connected Bank/Credit Card accounts
1:12 Review of transactions page with bank connection
2;12 Chart of Accounts overview
3:26 Adding an account to chart of accounts
4:24 Adding transactions using bank connection
10:29 Adding manual transactions
16:37 Financial report overview
Other videos mentioned:
Assets vs Expenses: • Assets vs Expenses
Importing transactions from bank website: • Importing Transactions in Wave Apps
Account reconciliation: • Wave Apps - Reconciling Bank and Credit Ca...
See the following page from IRS website about the "de minimis safe harbor election" which is related to the computer purchase example in the video:
https://www.irs.gov/businesses/small-...
Disclaimer: This video is not intended to replace advice from your CPA or tax preparer.
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