Manually import transactions from your bank ?

Picardmobile2020

Hi , I recently linked my bank account to wave. Because I imported everything from this year I had duplicate transactions. It was showing me invoice payments in wave and also the deposit from Moneris in my account . I assumed this was giving me duplicate money so I deleted all the visa/MasterCard deposits from the transactions but now I have a negative account balance. Should I have left them there and if so is there a way to go back into my account and manually reads the transactions that I deleted ?

Barsin

Hey there @Picardmobile2020

If you're using payments by wave, then our system should in theory automatically connect your income from the client to the invoice that was created. If however you do not have payments by wave turned on, you should be categorizing your bank transaction, rather than marking the invoice as paid.

In your transactions page, find the income received by a client brought in by your bank connection, and select the drop down 'choose a category' option. This should allow you to scroll down and link that income to an invoice by selecting "payment made to an invoice". Categorize it to the appropriate invoice and it will in turn show up as paid, not creating a duplicate

If you notice that it's been duplicated and there are two transactions, it's likely because you selected "mark invoice as paid", which creates a transaction, and then your bank import brings in the income transaction as well.. Delete the bank import one and moving forward I would recommend using the choose a category option. This will detect your invoice has been paid. In the drop down there is a 'more option' category, you might have to locate the invoice in there.

At this point, I would simply Reconcile your Accounts to ensure that they are definitely in order and you should be set moving forward!