Merging and matching transactions in Wave


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Merging and matching transactions in Wave

Video Transcript

Speakers in this video: Jimmy (GetApp) and Brooke (Wave)

Brooke: This is the couple small items. Basically I want to point out the fact that you can create an invoice payment from your transaction screen so you can match up invoices and payments. And you can also use these little icons on the side to merge transactions. You would do that by selecting more than one and clicking on the merge function.

On our bills page, this is actually not as frequently used as invoices, because you really only need to use this page if you have a payment to make to someone but it's going to be happening further into the future. Any payments that you make right away, those will show up on your transaction screen either through your bank connection or through all of your receipts. But if there's something that you plan on paying in the future, that's when it's a good idea to idea to create a bill, an account for that expense before it happens.

Jimmy: Okay.

Brooke: Creating a bill is so super simple. It's just like creating an invoice where you got to select your specific vendor that you're paying. You can choose the due date and of course you can put in an item that you're purchasing and any tax that's on that item. And then you're just going to save that and have a record of all of those outstanding bills that you have to pay.

Jimmy: Pretty straight forward.

Brooke: Yeah. Super simple!