02 Feb2012
Adjusting journal entries in Wave Accounting
Wave Accounting, a free online accounting software, has a very easy interface for non-accountants to automatically import and classify bank transactions. Accountants who primarily use other accounting programs might need some time to get used to Wave Accounting’s interface. I recently needed to make some adjusting journal entries in Wave Accounting and the screen to enter them wasn’t quite where I expected to find it. To make an adjusting journal entry, click on the Settings tab. That seems strange to me since I don’t consider journal entries to be a setting in accounting software, but where else would it go? Under Wave Setup, click on Journal Transactions. Then, a screen appears with a layout that will be familiar to accountants. Wave Accounting has some nice features here, including the ability to create a new account by clicking the plus button, and yes, debits must equal credits (so much for my attempt to corrupt the system).Tags: SaaS Accounting Software, Wave Accounting
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Mohammad Nazir Al-Hindi
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Hi
In Business Accounting, how do you retrieve a Journal Entry Template?
Rgds
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Chuck Savage
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They’ve changed the layout of Wave Accounting – any idea where Journal Entries are at now?
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Dustin Wheeler, CPA
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The layout has changed quite a bit. Try the Accounting tab on the left, then the Journal Transactions tab across the top. Then, click on the Add Transactions button.
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Steve Hart
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Do you know how to print journal entries?
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