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Schedule C transactions

gardenstreetgardenstreet Member Posts: 1

I'm looking at moving from Quicken to Wave and am wondering if it easily allows limiting business transactions to Schedule C categories for easier tax time use? Thanks

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edited March 30, 2021 in Accounting Technical Support

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    AlexiaAlexia Member Posts: 3,314 ✭✭✭✭

    Hi @gardenstreet. If you wanted to use the Schedule C categories, in Wave, you would have to customize your Chart of Accounts accordingly, by creating all of those accounts individually.

    It's not something we offer natively, given that Wave is meant to be accessible to business owners from all over the world, but with some work, you could set up the same categories as accounts yourself.

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