Accounting Feature Ideas

 

Discussion List

  • There should be a way to import a Chart of Accounts via csv or Excel. Already researched and saw this is not available. Could save an extreme amount of time to be able to develop a COA in a spreadsheet and then import it.
    jmiller_meaewellness 300 views 6 comments Most recent by Gautam September 22, 2021 5:38AM
  • Hi There is a mismatch on my balance sheet, what can be the reason for it? Total assets = 354,315.39 and Equity + Liabillity is 414,689.12 - 60,491.03 = 354,198.09 So it is showing 117.30 difference Is there a way to check why is that?
    Lasmanis 6 views 1 comment Most recent by Sydneyrain_financial September 20, 2021 10:33PM
  • Hello! I was wondering if the use of "tags" to track certain projects or customer transactions within Wave has ever been discussed or considered. Short of (i) going with a full-blown Class or Project Tracking system (similar to what QB uses); or (ii) having the ability to assign accounts other than Income to bills and invoices (assign …
    PBrooksMac 5.8K views 252 comments Most recent by KMJA September 19, 2021 9:53PM
  • When purchasing from out of state vendors that do not charge you sales tax, states generally require you to pay "consumers use tax", which is basically a sales tax that you accrue and pay to the state government, in my case quarterly, at a rate of 6.225% for my locality, however I cannot see in Wave how to add this as an automatic tax li…
    slik056 7 views 0 comments Started by slik056 September 1, 2021 2:52AM
  • I get paid once a month for multiple transactions by cheque , is there a way to select multiple invoices to record payments instead of doing it one by one ?
    Accelectroh 3 views 0 comments Started by Accelectroh August 30, 2021 2:22AM
  • Hi, Is there a way whereby i can tag each transaction of a particular project/event/invoice so that I will be able to track the profitability of that particulat project/event/invoice? This will be a great feature as many business dabble in multiple projects at one time and it would be good to be able to track which of the projects are yielding m…
    Jeev_Da_Man 1.9K views 7 comments Most recent by KSpour August 19, 2021 2:44PM
  • Hello, in my state our when we file our TPT (Sales Tax) we have to show our total sales, then deduct the non taxable revenue to get the taxable revenue. Having the total sales and non-taxed income in the sales tax report would be a great time saver vs having to go to both the profit and loss and sales tax reports to get the needed info
    jeremylee7 6 views 0 comments Started by jeremylee7 August 13, 2021 5:16PM
  • APOAPO
    Hi Community I'm a freelance consultant based in Canada and I receive payments in USD. When I sell USD for CAD I expect Wave to compute realized foreign exchange gains and losses, however the system doesn't do that. I think many freelance consultants are doing FX transactions, so I wonder how do you get around that missing feature? (August 2021)
    APO 8 views 1 comment Most recent by Gabriel_Krozkin August 13, 2021 12:07AM
  • In summary, personal-affirmations are ideal for your overall physique as well as your unconscious mind. You can system the unconscious mind being what ever you want it to attract. The Top worry that a majority of individuals have related to positive affirmations is other individuals determining that they are able to do them. Like with the Legisla…
    moon10manifest 4 views 0 comments Started by moon10manifest July 31, 2021 4:16AM
  • I create the bills for the vendor but there no option to print it out. could you please add the feature for printing out the bills for vendors?
    Hasan 1.2K views 5 comments Most recent by Conaxion July 29, 2021 10:31PM
  • When you have Multiple Lines for a Journal Entry, you cannot move the lines up or down. Can you add a feature where you can: 1. Select a line and then have two buttons to move the line up or down? 2. Or, have a handle on the left of the line, that you can grab and move the line to where you want it in the list of lines? Thanks
    CaptainM 16 views 1 comment Most recent by rueldg July 26, 2021 5:07PM
  • I can't see an option to design custom reports. Is it possible? Maybe, there's an add-on??
    AnthonyMA 954 views 14 comments Most recent by Armindilo July 25, 2021 2:29PM
  • Firstly, thank you Wave for the fantastic software. Reconciliation, search and filtering makes life so much easier. Table column spacing configuration isn't providing a good workflow: Good: Amount, date and actions columns are fixed and do not expand to waste horizontal space. (thank you) Problem a.) Description, Account & Category are all…
    isaacjacobs 11 views 0 comments Started by isaacjacobs July 20, 2021 11:48PM
  • Crazy thought for a feature, I know, but Plaid simply isn't working, and it makes Wave look like liars (you advertise but do not provide a system that "can connect your bank accounts, sync your expenses"). It seems shocking to me that you would be considering new features while your old ones don't work.
    UserNameisTaken 1 view 0 comments Started by UserNameisTaken July 19, 2021 4:07PM
  • I used to be able to quickly scan transaction entries and see those that had sales tax(es) already applied and those that didn't. Either I'm blind or Wave has now removed this item meaning I have to open and close and open and close and open and close each transaction line to se if I've applied tax? This is a very disappointing trend I've noticed…
    motorambler 12 views 2 comments Most recent by prmsss July 19, 2021 2:33PM
  • How can I show the Account ID (Chart of Accounts) to be part of the report where are we show an account category?
    michelh 753 views 11 comments Most recent by TaxProEZ July 10, 2021 3:26PM
  • Hi Wave, is there any way to put projection or forecast revenue for a business in waveapp? Thanks for your support.
    Arny 25 views 3 comments Most recent by tcoopers July 9, 2021 5:10PM
  • It would be nice if you could link multiple accounts/debit cards and split payouts to each without having to remove and add each debit card to accomplish this. Ex. $1,700 invoice paid: Split: $500 to Operating Account $1,000 to Employee Payroll Account $200 to Business Savings Account
    montannalw 44 views 4 comments Most recent by STyL_Film_Media July 3, 2021 2:32AM
  • Every tax season I face the issue of going through all my transactions for totaling my expenses. What I would like to do is to have all transactions exported into a spreadsheet with the basic details of it and I can handle them there. Waves export options are pretty crap - to say the least. Wave doesn't offer any easy way to approach exporting a…
    zalman 1 view 0 comments Started by zalman July 1, 2021 3:49AM
  • I am seeing I can add categories under the predefined top-level categories such as "operating expense" or "cost of goods sold." I don't however see any way to add sub-categories or new top-level categories for a more segmented list of categories. An example of this would be the following: * Expenses -- Custom Expense Type Cat…
    TimJones781 1 view 1 comment Most recent by KiahD June 23, 2021 7:23PM
  • I would like to export/import Bills & Receipts between the different businesses in my account. For example I have uploaded and booked a receipt in business 1. At the end of the month, after screening it seems the receipt should have been booked for business 2. How do I export the data between businesses, without doing the work all over again?
    Cheryl_AnnS17 11 views 1 comment Most recent by KiahD June 22, 2021 5:47PM
  • Hi, I receive invoices from another WaveApp user. I guess it would be great if I could download the invoice as a "Vendor Bill" directly to the system without entering the bill's info manually.
    Abojamal 13 views 1 comment Most recent by Stefan_B June 18, 2021 5:20PM
  • This is really a very important thing. All business have certain expenses that cannot be categorised as operating expenses. These expenses are shown in profit and loss statement after/below the Operating Profit. Every business has these kind of expenses. Example include Interest on Loan, gain/loss on any investment activities, Income Tax. An…
    NiranjanD 705 views 15 comments Most recent by jasjitchopra June 15, 2021 11:54PM
  • Hello, This topic has come up in the past with no further updates. Most healthcare providers, including psychologists, need to give patients a signed receipt for it to be accepted by their insurance companies. Currently I have to manually export the receipt as PDF, add a signature, then email. Can you add this as a feature or is there a way to a…
    TorontoPsychologist 6 views 1 comment Most recent by KiahD June 14, 2021 5:35PM
  • Is there a way to include a signature on the receipt? Its required for my profession and I wasn't sure if there was a way to include it! Thanks!!
    SamanthamillsRMT 14 views 3 comments Most recent by KiahD June 14, 2021 5:28PM
  • Hello Wave Team, It would be very useful to have an inventory management function built into Wave, that way we wouldn't have to use a separate spreadsheet or program to calculate COGS at the end of each period. This would also give us real-time insights into our profitability. With the amount of new e-commerce businesses that have been establish…
    numbersguy 11 views 0 comments Started by numbersguy June 10, 2021 7:28PM
  • One of the most useful reports that I use as a manager is a report that I currently use where I can view a P&L with 12 months side by side so that I can look for abnormalities across the year. It helps me see where costs have been mis-categorized and how we are doing as a company.
    BigBadBob 11 views 1 comment Most recent by dublin June 9, 2021 4:42AM
  • I would like to request a new feature be considered. Time tracking. I've read the post where time tracking was discussed on Feb 28th but wanted to know if its on your road map and when you expect to have it launched. Thanks for all the great work you do.
    intellitech 13.1K views 121 comments Most recent by AndyR June 4, 2021 8:43PM
  • I live in New Zealand where the fiscal year ends 31st March. I ve set up the fiscal year in the settings but it does not show in the reports. I know it's possible to manually edit the dates but it takes many clicks back and forth and it's quite irritating. Why is it not possible to save a date range or have my fiscal year in the date range? Thanks
    JonJazz 1 view 2 comments Most recent by HSI June 3, 2021 5:23PM
  • Hi! I have not found a similar thread about this so let me open the discussion. This is an enhancement suggestion which probably will help other accountants as well: 1. Can the journal entries have sequence numbers so it will be easy to identify the entries thay may have to be adjusted/corrected? 2. Can you add in the Reports a General J…
    JakeIdris 52 views 3 comments Most recent by JulianP June 2, 2021 6:44PM