Accounting
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28 discussions
103 comments
Most recent: Were have all my purchase receipts pdf's gone? by dangosarecute on
12:42AM
Subcategories: UK Migration Help -
Expand for more options.For the discussion of bank connections and importing transactions.
368 discussions
1.6K comments
Most recent: Wave connects to bank but doesn't download transactions by ncraft6 on
11:59AM
Subcategories: Compliance Updates in the UK and EU
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Expand for more options.Please note this content is relevant to Wave customers in the United Kingdom. Address any questions related to how Wave is helping you meet your obligations under Making Tax Digital.
4 discussions
36 comments
Most recent: Did you use Wave + Bridging Software to file your first MTD VAT return? by MerlinAccounts_UK on
September 3, 2019
Subcategories: The Future of Making Tax Digital
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327 discussions
985 comments
Most recent: Problem with Transaction and Cashflow by cetustone on
8:36AM
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199 discussions
1.1K comments
Most recent: Can I print accounts payable checks from Wave Accounting? by EliteChair on
2:59AM
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Expand for more options.All you need to know about the latest feature releases from our Accounting team!
29 discussions
252 comments
Most recent: How do I transfer a transaction to another business in my Wave Account by Donza on
4:38AM
Discussion List
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Accounting is often seen as difficult territory for those of us non-CPAs out there, but learning how to perform the management accounting for your business is easier than you think (we promise)! With our Fearless Accounting With Wave guide, you can take the accounting for your business into your own hands and gain a better understanding of your bu…James_Hudson Announcement 689 views 12 comments 8 points Most recent by Hot_Glass July 6, 2019 4:39AM
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Hi We're doing multiple projects for numbers of customers. Our questions are: 1. Is there anyway that we could track and compile income and expenses for particular project by using waveapp? 2. Is there anyway that we could track and compile income and expenses for particular customer by using waveapp? 3. Is there anyway that we could track a par…
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Hi Everyone! New to the community so thanks for anyone's feedback it's greatly appreciated :wink: Quick question: I'm kind of in a bind when it comes to where I should allocate transfers from my business to personal account. I don't pay myself a salary but I periodically transfer monies from either account (vice versa). I'm using the "tra…
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Hi all! My currency for the business is set to Tanzanian Shillings, but some projects are actually charged in US dollars. At the bottom of my invoice there is an automated currency conversion (Currency conversion: Sh562,864.72 (TZS) at 2251.4588905164) but this rate does not reflect the true exchange rate in town. Is there a way to change this co…jwareconsultingfirm 699 views 16 comments 0 points Most recent by dangosarecute September 16, 2019 12:35AM
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This question was asked tangentially here: https://community.waveapps.com/discussion/82/adding-a-new-account-to-the-chart-of-account but it was not answered because the OP apparently had read-only access. Can someone assist: can I create a new account TYPE and how do I do it? I do have full read-write access to my account. Thanks all for any …
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All my payouts have been put on hold for a week now instead of being instant like they were previously. Is this a glitch or permanent change and how long are wave "holds"?
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Hello, I'm finding that when I forward my receipt to Wave - and I try to categorize it - I only see accounts of the Expense types. I purchased a large piece of equipment on a credit card, and I want to make sure that receipt / transaction is recorded as a fixed (capital) asset - Under "Propery, Plant, & Equipment". How do I tell th…
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Hi, I started using Wave a few days ago because I have a backlog of hundreds of receipts. I know how to add multiple receipts (drag and drop receipt photo onto the "Upload" page under Transactions) but I wonder if there is a limit to how many I can upload at one time? I just tried uploading nine receipts, but only 5 are currently proces…
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I have made a single payment from the business current account which covers several invoices (uploaded in receipts) from one supplier. However I am not able to split the entry of the single payment and then merge each split with the individual receipts in the transactions page, or at least I cannot see a way to do this. The only work around is to …
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Hi, I have been using waveapps for the past two years and I loved it. I used waveapps for my personal finance. I try to upload my bank statement to waveapps using .csv format. It usually works with sometimes I have to re-save the file in .csv format again to ensure no error. But now it does not working. It keeps give error that "Something we…
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I am trying to manually add in some bills for design work I had done for my physical product business. However, when I got to "add bill" and begin to fill out the information, the preset "Expense Categories" in Wave are lacking. It should be simple for me to create my own category that better describes the expense, and yet, I'm…
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Dear sir inoticed that invoice date for the invoice which payment has been received cannot be changed. how to rectify. imade an invoice but wrongly used the date of 2018, there was no business in 2018 and its showing as opening balace in 2019. How to delete the duplicate invoice alam
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Sorry if this has been discussed before, but I can't find an answer in the threads. We recently registered for VAT and I followed the help guide on setting up Wave to track VAT. All our sales are to EU countries but despite creating the ECS and ECG sales taxes at 0% none of my sales to EU countries or purchases from them are showing in boxes 8 and…
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I often purchase stock photos for blog posts that I write on my site. Any idea what to categorize them under?
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Hi, I'm new to Wave and not the best at bookkeeping and require help! I have a couple of questions- 1) How would I input items I have purchased for the business with my own personal money. 2) How would I pay my self back for the items I purchased. Many Thanks Chris
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If a family member or friend gifts money, how do I input this "transaction" under personal accounting?
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Hello, Is there a way to automate BILL NUMBER creation when creating new bills? Instead of adding the BILL NUMBER manually?
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I'm moving over from Quickbook and need to run reports based on an individual Customer. I used to be able to do this in Quickbook by running a P&L report and filtering by Customer Name., I can't seem to figure out how to show income and expenses for indivudual customers... Is there a way to do this??? Thanks
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I just started using Wave today because one of the biggest problems I've had with other apps is the difficulty with depreciating my tools/equipment. So after a friend show me this article https://support.waveapps.com/hc/en-us/articles/208623506-How-do-I-handle-depreciation-and-amortization- showing how easy it is in Wave I decided to give it a…
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In fall 2017 there was a post about the new version of Wave that was coming, and one of the highlight features was that we would have the ability to switch the sales tax report to cash-basis vs. accrual accounting. While I can't find that post, I can find people mentioning they have the new feature as early as January 2018 like here (https://commu…
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Hello, I am in the Netherlands and am a self employed sole trader. Whilst I cannot register my fuel costs on my private vehicle as an expense, I am allowed to claim back the sales tax on the fuel I use for business related travel. How would I do this? i.e. I want to be able to track the sales tax but NOT include the fuel bill as an expense. Any su…
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Hello, I'm a new user to Wave and I wonder how to deal with an over-payment to a bill. If I have a bill for 500 and I've paid 700, the bill's balance shows (-200) because of the excess payment. This is good. However, if I enter a new $300 bill from the same vendor and apply a payment to it, I don't have a clue (unless I remember) that I have cre…
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I spend a lot of manual time creating disbursement ledgers with attached receipts for my clients. The current workflow is to (1) create a Wave Report for Client Reimburseable Expenses, filtering by client, and exporting to CSV; (2) export all receipt jpgs from Settings>Export (as this exports ALL historic jpgs, the resulting zip is getting bigg…
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Hi i would like to know how can i see the total per category. For example how much i spent on restaurants, office supplies etc. I need the total amount of all the receipts in that category.
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I created three businesses on Wave and want to consolidate some of the items. Wave lets me move transactions from the first business to the other two, but not from those two into the original business. How can I fix this?
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Hi, For reporting purposes I would like to have a category titled "Travel" that is then subdivided in the report into "Meals", "Transport" and "Lodging". Is this possible to do in Wave?
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I am just beginning my business and have signed up for Wave. Prior to setting up Wave and my business bank account, I made some business purchases I want to include in profit and loss statements etc. What is the best way to do that? They were paid for using my personal bank account/debit card that aren't linked to Wave, but they were business expe…
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Not sure how to delete this but I moved the conversation here instead: Home > Accounting > Accounting Feature Discussion > True split transactions. Mod: please feel free to remove this as I couldn't figure it out!
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Hello, I have a friend who has a private school and wants to know the best way to code everything. What would things like books, texts, games, toys, sporting equipment come under? We have a Printing and Stationery Code which is fine and Materials & Supplies. There is also a consumables, what would we use consumables for? Maybe crayons, pape…
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I have a client that gave me a lump sum of petty cash to purchase items for a project. I deposited the cash into my main business bank account and used it for purchases. At the end of the job, I returned the leftover. What is the best way to account for this? The initial deposit isn't actually "income" and the purchases aren't actuall…
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The bills sorting function seems quite limited. On the dashboard it shows overdue bills, but on the actual bill screen, the sorting function only allows for sorting by vendors. Would it be possible to add a option to sort by overdue bills? I noticed you can sort by date, number, vendor and amount due, but payment status doesn't allow to be sorted…
