Udemy

Wave Accounting

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  • 43,595 Students
  • Updated 8/2021
4.6
(231 Ratings)
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Course Information

Registration period
Year-round Recruitment
Course Level
Study Mode
Duration
4 Hour(s) 47 Minute(s)
Language
English
Taught by
Robert (Bob) Steele
Rating
4.6
(231 Ratings)
1 views

Course Overview

Wave Accounting

Learn to use bank feeds with free accounting software (Wave) from a practicing Certified Public Accountant (CPA)

This course will use free accounting software which is an excellent tool to practice with.

This course will jump right into bank feeds and how to use them.

Many accounting software courses will spend a lot of time talking about how a full-service accounting system works. We do recommend spending time learning the full accounting process, and we do have courses that do just that.

However, many small businesses want to get right down to data input as fast as possible, and others already have a good understanding of the system and want to focus specifically on bank feeds.

We will focus on bank feeds in this course.

For example, some small businesses may be perfectly happy using a cash basis system and will, therefore, not need some of the functions used in a full accounting cycle. Businesses that use a cash basis model can structure their data input to be much more heavily dependent on the bank and bank feed data.

We will discuss types of businesses that fit well into a cash basis model as we work through the practice problems. We will also discuss some problem areas many businesses have and how to set up a system that works for them.

This course will work through a practice problem and will provide test data that learners can use in their system to follow along if they choose.

Course Content

  • 8 section(s)
  • 36 lecture(s)
  • Section 1 Introduction
  • Section 2 Month One - Set up Bank Feeds
  • Section 3 Month One - Add Transactions from Bank Feeds
  • Section 4 Month One – Bank Reconciliation
  • Section 5 Month Two – Upload Bank Transactions
  • Section 6 Month Two – Add Transactions from Bank Feeds
  • Section 7 Month Two – Bank Reconciliation
  • Section 8 Credit Card Bank Feeds

What You’ll Learn

  • How to set up bank feeds for both bank accounts and credit card accounts
  • How to set up Wave Accounting
  • How to add transactions and assign proper general ledger accounts to them
  • How to do bank reconciliations
  • Understand the difference between a bank reconciliation when using a cash basis and accrual basis
  • Record transactions from two accounts that use bank feeds like a credit card account and a bank account


Reviews

  • J
    Jowillyn C. Timtim
    5.0

    Excellent course. It gave me more understanding on the Wave accounting software.

  • A
    Angela Maryory Garzon Arredondo
    5.0

    MUY BUEN PROFESOR. SE MUY POCO INGLES PERO SE DA A ENTENDER MUY FACIL CON EXPLICACIONES MUY EXPESIFICAS . GRACIAS

  • N
    Nandini Rao
    5.0

    It was nice. Thank you

  • B
    Bob Mirabile
    5.0

    The instructor is very clear and has a great understanding of the software. He is using real life scenarios to help us understand what is happening through each transaction. This course is outstanding!!

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