Passive Investments in Accounts

The920 · September 6, 2020

How does one account for any investments (Stocks, ETFs, etc) that your business has within wave?

AlexL · September 14, 2020

Hey @The920 , I'll open this up to the floor to see if anyone else has any personal experience or advice, but when dealing with stocks we always suggest that a business owner reach out to a CPA as this is considered complex accounting territory.

The920 · September 14, 2020

For me I just want to know how to record them in your app. Without the app I just post the buy/sell to trade account (looks like a bank transaction for my corp) and record them in an excel sheet along with all my other transaction expenses or otherwise which I send to the accountant.

Barsin · September 22, 2020

Hey there @The920

I'm wondering if you're able to get any info from some of our previous posts in the community! Let us know.

https://community.waveapps.com/discussion/comment/38782#Comment_38782
https://community.waveapps.com/discussion/7853/how-to-enter-securities-stocks-options-futures-etc-into-wave

Passive Investments in Accounts

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