How to split transactions with both income and expenses?

TerryK

I'm an amazon seller and I'm trying to split my amazon payout but wave won't let me categorize expenses. The categories I'm trying to split to are Sales, Refunds and Fees which I created in my chart of account. It seems wave won't let me choose "Amazon Fees" as a category option since my amazon payout is categorized as a deposit which is recognized as income in wave. I also tried to do negative numbers but that didn't work either. Is this a limitation of Wave or am I missing something?

AlexL

Hey @TerryK . Check out our Help Center article on accounting for transaction fees which will explain the best way on how to break out these fees correctly.