How to categorize a starting balance?
Stijn
Member Posts: 3
Is there a 'best practice' with regard to categorizing the starting balances in Wave after importing transactions from my bank?
in Using Wave
0
Stijn
Member Posts: 3
Is there a 'best practice' with regard to categorizing the starting balances in Wave after importing transactions from my bank?
Comments
@Stijn,
Most of the time the offset to the assets net of liabilities contributed to a business is Owners Equity.