So I tend to do a combination of manual and automated bookkeeping, but not all of them start off with uploaded receipts (especially for things like Uber where the receipts are emailed).
Is there a way I can upload a receipt to a transaction AFTER I enter it into my accounts? Right now the process seems to be Upload Receipt -> Post Receipt to Account -> Merge with Related Transaction which seems highly inefficient.
(I'm checking right now with a current merged transaction and weirdly enough the receipt doesn't seem to have come along with the merge)
We’re developing several new features to make your accounting experience faster, easier, and more flexible. These upcoming features are based on feedback from customers about how they use Wave and what you need to make managing your business faster and easier.
We listened, and we heard you say you need efficient, powerful solutions that take the guesswork out of small business accounting. These updates are designed to work together to give you more control of your business finances, and when and how you work.
Read on for a preview of the features and improvements coming this year!
Responsive transactions for your smartphone and tablet
We’re making the transactions page fully responsive, so you can access it anywhere, on any device. You’ll be able to add, edit, and review transactions on your smartphone and tablet.
Your business moves fast, and your accounting solution should keep up with you. With the responsive transactions page, you’ll be able to work when you want, how you want.
Transactions are just the beginning! Soon, Wave’s navigation system will also be responsive and easy to use across all your devices. Optimizing the transactions page and navigation system is a major step toward building a fully responsive Wave experience, so you can stay organized and get insights on the go. Look out for more information later this year!
Quick transaction edit
Transaction details will open below each transaction so you can make changes quickly. This feature includes keyboard functionality: navigate quickly through your transactions by pressing the tab key.
Lots of transactions? Use quick edit along with Wave’s bulk edit feature to save even more time. Edit similar transactions in bulk, then work through unique transactions quickly using your keyboard.
No more mental math
When you split a transaction, Wave will calculate the value of the new line. Just add the amount of the first line and we do the rest!
Integrated financial records
More control over foreign exchange transactions
We do the math for you by automatically converting foreign transactions to your business currency, but now you can adjust the exchange rate to match your bank records.
At-a-glance transaction sources
Your records are even more powerful when they work together. We’ll show you the source of each transaction (for example, whether it was added manually or imported by a bank connection).
Any related Wave records will link to the transaction, so you can view the original receipt, bill, invoice, or payroll in one click.
These upcoming features are just the start! We’re working on even more ways to make small business accounting efficient and intuitive, including improving bank transaction imports and continuing to expand the number of North American financial institutions Wave connects to.
Please stay tuned for more updates in the coming months. We want to keep hearing from you—how will these updates help you run your business more efficiently?
Basically I want to record expenses of let's say a yearly hosting plan I bought which I can deduct from my tax as busieness related expense.
In waveapps I create a Bill but with the bill I want to attach a PDF invoice from the hosting company, if a tax Audit happens I will provide the original invoice PDF and other related files, would be cool to embed attachments to a Bill
In the list of my products, I have items that I don't sell any more but since I have old invoices in which I have sold the mentioned items, I cannot delete the products. I'm talking about like 30 items that each time I want to add a new line to my invoice, I have scroll before I can get to the one product I am looking for. Does anyone know if there's a way to "hide" old products so they won't get in my way when creating an invoice?
Every business has these kind of expenses. Example include Interest on Loan, gain/loss on any investment activities, Income Tax.
Another feature I think is necessary is Recurring Expenses. Expenses such as rent, utilities bill, credit card bill, are incurred every month, and it would great if we could have this feature. Showing this on Dashboard as upcoming expenses will have business owner manage their liabilities better
Welcome Pros! If you’re here, you may have received an email letting you know that we’re moving the Pro Network over from the Wave application to our Community.
Thank you for joining us. We’re absolutely thrilled that you’re here.
In this post, I’ll walk you through some of the steps you can take to get the most out of the forum.
1. Update your profile page
In the Community, you have a profile page, similar to your listing on the old Pro Network.
Your profile displays your username, photo, a short About section, badges you’ve earned, and your recent activity on the forum. We recommend including information you’d like to share with prospective clients in your About field (note: this information is currently public, so please do not share sensitive information here) and adding your logo or photo on the right.
Please reach out once you’ve done this so that we can add a Wave Pro badge to your profile.
2. Make an introduction
In the Pro Network subforum, you can add a new discussion to post your listing to clients.
In the below screenshot, we’ve included some suggested content for your introductory post.
You may also see business owners post requests for professional services in this area of the forum.
Engage with other members
In the Accounting Tips subforum, you’ll find Wave business owners and other Wave Pros asking for assistance and discussing best practices. This is a great opportunity to engage with the Community and develop working relationships.
To respond to a discussion, choose it from the list page and submit your reply via the text box on the bottom of the page. Personalized replies typically get a better response.
Thanks again for making the move over with us. In the near future we’ll be making some more changes to make the Community and this subforum more visible to Wave business owners, and even easier to use. Please stay tuned.