Promo Credit
treblecove
Member Posts: 2
I received a promotional credit when opening my new corporate card account. How would I classify that in terms of income category in Wave?
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treblecove
Member Posts: 2
I received a promotional credit when opening my new corporate card account. How would I classify that in terms of income category in Wave?
Comments
Hey @treblecove, great question. I think the best way to do it would be to head over to Accounting > Chart of Accounts and generate a new income, 'other income' account, which you could call 'Promotional Credits' or 'Rewards'. Any credits you receive as a promo you can categorize to this account going forward.