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Bank Balances not showing on Balance Sheet

Steven_Heyman3Steven_Heyman3 Member Posts: 2

I have linked my business bank account to my Wave accounting system. The transactions are importing without problem, but I noticed that my bank balance does not show on the balance sheet under my assets. How can I rectify this? Or do I need to do this manually?

Thanks for you help!

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in Bank Connections

Comments

  • REFINEDREALTYREFINEDREALTY Member Posts: 1
    Hi Steven,
    I’m having the same issue. Were you able to find a resolution for this issue?
    Thank you.
  • Steven_Heyman3Steven_Heyman3 Member Posts: 2

    Yes it was resolved by creating a cheque account and a savings account In Wave and importing bank transactions into those specific accounts. This also allows for easy reconciliation of bank balances.

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