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Set up 2 businesses

ktj001ktj001 Member Posts: 1

I'm just starting out with Wave and want to get it set up correctly in the beginning. I"m a sole proprietor with 2 businesses that I operate from the same bank account and credit card. What's the best way to set up to allocate transactions to each business and still have everything balance in the end?

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  • JulianPJulianP Member Posts: 1,002 ✭✭✭

    Hey @ktj001 !

    The best practice we recommend is having a separate card/ bank account for each business. Otherwise, you will need to manually divide your statement balances and business transactions for each. I hope this helps!

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