Knowledge Base

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Knowledge Base

Accounting Practices

Accounting Practices

Budgets, journals, chart of accounts, multi entity, multi currency, cashflow and banking.

Wiise Academy

Accounting Practices in Wiise

Budgets

How to get Research and Development (R&D) tax credits

Journals

Working with Journals

Review and finalise expenses

How to import transactions from CSV and text documents into journal lines

How to set up journal opening balances for a new company

Chart of Accounts

Add and define Wiise custom fields

Run a trial balance

Cashflow Management

Prepare cashflow statements

Bank Reconciliation

Do a bank reconciliation

How to set up bank and payment reconciliations using bank feeds

Payment Reconciliation

How to filter documents to apply or review payments

How to use match confidence fields to apply payments

Approval Workflows

Setup a delegation of authority

Month-End Processes

Perform your month-end close

Reconcile inventory balances

Close inventory period

Assign recurring user tasks

Run an aged accounts payable report

Run an aged accounts receivable report

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Year-End Close

Prepare information for auditors

Carry out balance sheet reconciliations

Close accounting periods

Closing the financial year

Prepare for Year-End Close

See more

New Zealand

Chart of Accounts | Wiise New Zealand