I have one question left regarding Wave. Can I add expense categories into a Wave accounting aspect of the program?
I would need to add a couple categories in order to make Wave wor. I have a very simple business and only need Wave for income and expenses, but if I can’t track each expense category it makes it a bit cumbersome.
You can definitely add expense categories. If you have some transactions already in-place, go to the transactions page, click on the drop-down expense category box for that transaction, and click “Add new category.” That payment will be added into that category and the category will be automatically added to your expense category list and will be saved for future use!
Hope that helps!
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