Please ensure Javascript is enabled for purposes of website accessibility

About This Course

WAVE Accounting / Bookkeeping software – Computerised Accounts

This course is about how to use WAVE, based on the most popular functions which you as a WAVE operator needs to know how to use, in order to be proficient in using the software.

The learning is structured in a practical way. You are given a practical scenario assignment. There are various tasks to complete. You are given the task to do and have a go at, and then the video answer is available. It is suggested that you:

  • Read the task
  • Watch the video
  • Have a go at it yourself on your own system
  • Rewatch the video (if necessary) – to reinforce the learning

You’ll learn how to set up a Tally accounting system from scratch, how to enter opening balances, post customer invoices and credit notes, post supplier bills and credit notes, pay suppliers, petty cash, prepare a VAT return, reconcile the bank, post journals, run reports amongst over things.

This is a useful course if:

  • You are thinking of working with the software,
  • You are going for jobs which have a requirement for you to be able to use this software
  • You want to put this skill on your CV, or
  • You are a bookkeeper or accountant and will be using this for clients or even
  • You run your own business and want to know how to use WAVE for yourself.

You will need to have access to WAVE. You can sign up to the WAVE site to get a free trial. We give you the link in lecture one and show you how to do this.

The course materials include the handout of the assignment task.

What are the requirements?

  • You will need access to WAVE in order to complete the assignment – but we’ll explain how to get a free trial of the software in lecture 2

What am I going to get from this course?

  • By the end of the course, you will be able to complete various common functions using WAVE
  • In this course you will learn how to:
  • Enter the opening balances
  • Amend the nominal ledger
  • Add new customer and supplier details
  • Post customer invoices and credit notes to the sales ledger
  • Post supplier invoices and credit notes to the purchase ledger
  • Enter the supplier cheques and record the customer receipts
  • Post Petty Cash transactions
  • Prepare the VAT return
  • Reconcile the bank
  • Post the wages journal
  • Post adjustments to the accounts and produce month-end reports

Who is the target audience?

  • Bookkeepers and Accountants who need to increase their skill set
  • Students who are going for jobs where the requirement is working knowledge of Wave Accounting
  • Those who have studied accounting, but want practical knowledge of how to use a popular accounting software which will help them find employment
  • Previous knowledge of accounting is not presumed or required


Our Promise to You

By the end of this course, you will have learned how to use the WAVE accounting software.

30 Day Money Back Guarantee. If you are unsatisfied for any reason, simply contact us and we’ll give you a full refund. No questions asked.

Get started today and learn more about the WAVE accounting software.

Course Curriculum

Section 1 - Getting Prepared: Access The Software And Course Materials
Introduction To The Course And Your Tutor 00:00:00
WAVE – Free Trial Sign Up 00:00:00
Section 2 - Getting Started
Customize The System And Set Up Vat Codes 00:00:00
Add Opening Balances – Part 1 – Add Nominal Codes 00:00:00
Add Opening Balances – Part 2 00:00:00
Report Opening Trial Balance 00:00:00
Section 3 - Setting Up The System
Reverse Opening Balances – Accruals And Prepayments 00:00:00
Reverse The Opening Accrual – Show A Report 00:00:00
Section 4 - Nominal Ledger
Amend The Nominal Ledger 00:00:00
Report Listing The Nominal Ledger 00:00:00
Section 5 - Customers
Enter Customers 00:00:00
Customers Report 00:00:00
Section 6 - Suppliers
Create Suppliers 00:00:00
Supplier Report 00:00:00
Section 7 - Sales Ledgers
Post Customer Invoices 1001 – 1002 00:00:00
Post Customer Invoices 1003-1004 00:00:00
Post Customer Invoices 1005 To 1008 00:00:00
Enter Sales Credit Notes 00:00:00
Customer Account Activity 00:00:00
Section 8 - Purchases Ledgers
Post Supplier Invoices 00:00:00
Post Supplier Credit Notes 00:00:00
Supplier Account Activity Report 00:00:00
Section 9 - Sundry Payments
Supplier Payments Report 00:00:00
Section 10 - Sundry Receipts
Receive Customer Payments 00:00:00
Report Customer Receipts 00:00:00
Section 11 - Petty Cash
Post Petty Cash Transactions 00:00:00
Post Petty Cash – Report 00:00:00
Petty Cash Expenses 00:00:00
Report On Cash Payments 00:00:00
Post Sundry Payments 00:00:00
Bank Payments Report 00:00:00
Section 12 - VAT - Value Added Tax
VAT Return 00:00:00
Section 13 - Bank Reconciliation
Bank Reconciliation 00:00:00
Unreconciled Bank Report 00:00:00
Section 14 - Post The Wages Journal
Post The Wages Journal 00:00:00
Wages Journal Report 00:00:00
Month End Adjustment Journals 00:00:00
Section 15 - Reports
Run A Report On The Pnl, Balance Sheet And Trial Balance 00:00:00
Section 16 - Conclusion
Recap And Next Steps 00:00:00
What Happens Next? 00:00:00

Course Reviews


1 ratings
  1. Catherine Graham
    Catherine GrahamJanuary 6, 2018 at 4:51 am

    good course


    I like lisa’s pace and style of teaching and hope to see her do some more advanced accounting or other topics in finance and accounting that are relevant theory and practice..

Template Design © VibeThemes. All rights reserved.

Setup Menus in Admin Panel



Enter your Name and Email for a chance to win Lifetime Access to all courses!
Promotion ends today.



Enter your Name and Email for a chance to win Lifetime Access to all courses!
Promotion ends today.

Success! You are now entered to win lifetime access to all courses. Winners are selected at the beginning of each month. 

P.S. Look out for our exclusive sales only shown to students on our email list!