Wave + E-commerce Sellers: Faster Bank Import
E-commerce sellers receive payments from Amazon, eBay, Shopify, and PayPal — but bank statements lump these together, making reconciliation painful. If you use Wave for your accounting, you need a fast way to get bank statement data into the system.
BankScan AI for E-commerce Sellers Using Wave
BankScan AI converts any bank statement PDF to CSV formatted for direct import into Wave. Convert your bank statements to structured spreadsheets so you can match marketplace payouts, refunds, and fees against your sales records.
The E-commerce Sellers + Wave Workflow
E-commerce sellers receive batched payouts from marketplaces and payment processors, then reconcile these against individual order records. They need to match Stripe or PayPal settlements, identify refunds and chargebacks, track advertising spend, and separate marketplace fees from net revenue. Multi-channel sellers must reconcile across several payout sources.
Key terms you'll encounter: marketplace payout, settlement report, chargeback, FBA fees.
How It Works
Upload any bank statement PDF
Supports all major banks. Saves 2-3 hours per week on marketplace payout reconciliation for sellers processing 500+ orders per month across multiple channels
AI formats for Wave
Output as CSV with Date, Description, Amount — Wave supports both single amount column and separate Income/Expense columns — dates in YYYY-MM-DD or MM/DD/YYYY.
Import and reconcile
In Wave, go to Banking > Connected Accounts > Upload a bank statement (CSV). Select the file, map columns to Date, Description, and Amount, then import. Wave's invoicing is tightly coupled with bank imports — when you import a bank deposit, Wave suggests matching it to outstanding invoices automatically.
Supported Banks
BankScan AI works with all major UK and US banks, including:
Wave Features for E-commerce Sellers
- Wave ready — Output formatted as CSV matching Wave's expected column structure
- Smart integration — Wave's invoicing is tightly coupled with bank imports — when you import a bank deposit, Wave suggests matching it to outstanding invoices automatically.
- Built for E-commerce Sellers — Saves 2-3 hours per week on marketplace payout reconciliation for sellers processing 500+ orders per month across multiple channels
- Software compatible — Output works directly with Xero, A2X, QuickBooks
Import Steps for E-commerce Sellers Using Wave
As an e-commerce seller, here's how to get bank data into Wave:
- In Wave, go to Banking > Connected Accounts > Upload a bank statement (CSV)
- Select the file, map columns to Date, Description, and Amount, then import
Common Import Issues
Wave's free tier has occasional processing delays on large files. Also, Wave uses MM/DD/YYYY by default which conflicts with UK DD/MM/YYYY — select the correct format during import.
Wave Import — Built for E-commerce Sellers
Completely free with no paid tier for accounting features (monetised through payment processing). Popular with budget-conscious startups and side-hustlers.
Try Free — Wave + E-commerce Sellers