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How to automate intereste calculations on loan accounts in Wave?

  • 11 July 2022
  • 1 reply

We have various loan accounts set up in wave with variable interest percentages based on the local bank rate in our country. How can I automate the processing of the interest using an Excel/Google Spreadsheet and Wave Accounting? Can Zapier help me to do that?


Best answer by christina.d 11 July 2022, 21:02

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Hey there, @JLR! Thanks for reaching out and welcome to the Community! 

That’s an awesome question! Sometimes, when thinking about your workflow, it helps to think about it in terms of “When this happens in xxx app, then do this in xxx app”.

I know you mentioned you were working with Google/Excel + Wave Accounting - it might help to check out some of the available triggers and action with each app as well to get an idea for what’s possible with those apps.

For additional inspiration, here is a video from our Accounting user group, discussing doing calculations within Zaps: