Accounting

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  • Hey all, I'm Kasun from Sri Lanka & searching for an accounting solution to a charitable institution from Wave. There I have an issue with the standard names given on wave, Income, expenses, net profit etc. that does not match for a charitable institution. Is there any possibility to change those wordings on Wave flatform?
    Kasun 19 views 1 comment Most recent by GraceM January 17, 2019 11:00PM
  • New user, is there a way to set up personal Bills?
    mnaples716 22 views 1 comment Most recent by SammyH January 17, 2019 10:55PM
  • Hello I am having a problem with Wave at the moment. If I do work ( I am a HVAC contractor) and do multiple jobs for the same person/corporation at different locations, I cannot keep them separate. I can keep the "bill to" the same but ever time I change the "ship to", it changes every old receipt in the system on the cloud. So the old Ship …
    Greg04 24 views 5 comments Most recent by Emmanuel January 17, 2019 10:30PM
  • Can anyone tell me how to print out my P&L reports? If I try and print page using google it only prints the top of the page! Thanks.
    Orange_Tree 27 views 1 comment Most recent by Orange_Tree January 17, 2019 3:09PM
  • How do i record or categorize dividends?
    accentnchaos 364 views 2 comments Most recent by Ecoglitter January 16, 2019 12:22AM
  • I accidentally deleted some invoices and i want to restore them , how
    raul 872 views 5 comments Most recent by garzapt January 15, 2019 6:05PM
  • I am not understanding when I try to post a receipt why it asks me to pick cash on hand or owner investments. My receipt is just a receipt I would like to post under supplies. Also why can't I see the receipts under their appointed categories after I post them. I really don't want all the receipts for three businesses mixed all together.
    L3sorensen 16 views 0 comments Started by L3sorensen January 14, 2019 11:47PM
  • im new to wave can you delete an account that you added by mistake?
    justnewtothis 14 views 1 comment Most recent by Rents January 13, 2019 2:36PM
  • Hello, I'm new to Wave and so far absolutely love it! However, using it in the manufacturing industry we use rather large quantities on invoices. So far I have not figured out a way to add separator for 1000. Appreciate your help and pointers where to either set this up or how to work around it. Stefan
    acont99 18 views 1 comment Most recent by Erik January 11, 2019 9:53PM
  • Hi I have used the workaround to show cash based accounts by going to reports > cash flow then selecting cash only. Comparing this to the profilt/loss statement, the cash based report has a higher income total and I don't understand why. Can anyone help please? Thanks
    customlogoshop 15 views 0 comments Started by customlogoshop January 11, 2019 9:06PM
  • Hi I accidently withdrew £500 from my business bank account for personal use. On the same day I paid it back to my business account from my personal. I was wondering what I should categorise this as? Thanks!
    customlogoshop 18 views 0 comments Started by customlogoshop January 11, 2019 8:49PM
  • Hi, I am trying to manage both business and personal accounting in Wave. I am experience some issues. I wonder if there is a work-around. I use Wave to keep track on my Contractor works, and wants to use it also keep track on my personal mortgage. The main issue is how to keep track my home mortgage and other investment properties under P…
    xincom 533 views 13 comments Most recent by Erik January 11, 2019 8:23PM
  • I own some brand new items (clothes) that I originally bought for myself but never used. What's the proper accounting process to "sell" / transfer these items to my small business (sole proprietorship) as inventory? I have the original receipts. Am I right in thinking that I the business can just simply purchase them from myself at the or…
    waver 58 views 3 comments Most recent by Erik January 11, 2019 7:52PM
  • Hi My business account is connected to Wave and transactions are showing automatically. So far so good. :-) I withdrew an amount today as cash, as I had to pay a bill in cash. The balance on my bank account has been updated correctly, but the withdrawal isn't showing up in the transactions. Do I have to add it manually? Seems odd as my account…
    Aardvarks 154 views 5 comments Most recent by Erik January 11, 2019 7:35PM
  • So I paid some cash into business account today. How do I create a transfer withing wave now since update?
    snappyfish 12 views 3 comments Most recent by Erik January 11, 2019 7:01PM
  • Hi everyone, I'm just getting my feet wet with Wave. I love the UI and its simplicity (moving over from Quickbooks)! I had a few questions that I would appreciate your help with: * I'd like to know if there's a way to bulk categorize "Transfers". I'm transferring over deposits from my merchant account to Money In Transit and Wave is recog…
    ramzey_09 37 views 9 comments Most recent by ramzey_09 January 11, 2019 6:50PM
  • Hi guys, I am new to Wave and I am running an Etsy shop selling handcraft supplies. I don't print off shipping labels from Etsy directly and I am shipping products to customers through post office. I updated my receipt from post office today but I don't see a correct category for that. Should shipping fall into receipt? How do you guys…
    PhilLee 166 views 1 comment Most recent by Erik January 11, 2019 3:48PM
  • Hi I just want to understand whether to use single account to record my utility expenses and record multiple product and services under that or, have separate account for each different service, ex: say I have two different bills to pay, Electricity **and **Water, Should I have two separate expense accounts - Electricity, Water or should I…
    VinR 19 views 0 comments Started by VinR January 10, 2019 11:48PM
  • Hi, I have several bills showing as unpaid in Wave which are never going to be paid for various reasons: * one is an annual contract cancelled midway through the year * a few are billing errors * some come from rounding errors with foreign transactions My accountant is saying "we need to work out how to post the transactions to remo…
    jowettenterprises 4 views 0 comments Started by jowettenterprises January 10, 2019 11:21PM
  • In transactions. the categories are always wrong for me. I have to change every item to the correct category. This gets to be very tedious. why can't the category default to what the descriptions have been cataloged to in the past? example. home depot. lists it as automotive repairs. needs to be changed to job supplies. There shoul…
    jstump 19 views 1 comment Most recent by Erik January 10, 2019 9:04PM
  • Wave Accounting really does not have a way of accounting for these loans without using journal entries. As you know, PayPal transactions can be automatically downloaded into Wave Accounting. Wave Accounting wants to treat loans as liabilities (which they are). I treated these loans as Equity infusions to my business. These loans are only secure…
    Rob_the_Tea_Guy 48 views 1 comment Most recent by Erik January 10, 2019 4:53PM
  • Looking into using Wave. When I go into Transactions and filter, say for example, 10 expense items it displays the updated list. How do I print or export that filtered report?
    DV3D 17 views 3 comments Most recent by Erik January 10, 2019 4:10PM
  • Hi, I would like to know if I can get a vendors statement using Wave. Could you please help?
    GSERGIOU 3 views 1 comment Most recent by Ryan_W January 9, 2019 10:00PM
  • Hi, I have used the data export function and it exports everything I have loaded. If I only want to export a specific data set (like one month of transactions in particular), can I do that?
    Kilkea 5 views 0 comments Started by Kilkea January 9, 2019 9:26PM
  • Hi! I do not use a business bank account I am currently using a personal account for business expenditure and income. I am very confused as I have been withdrawing personal money within the personal account to my savings account and also depositing money from there also. I would like to know what to mark these transactions down as? Ple…
    ChristmasCount 27 views 0 comments Started by ChristmasCount January 9, 2019 9:12PM
  • Hello, I am trying to reconcile uncategorized transfer payments between my different bank accounts and for the most part it is really straightforward, but for some, the steps that I take do not work. 1) Click on one side of the transfer 2) select Bank Transfer from the dropdown 3) Select the corresponding transfer transaction 4 The uncategori…
    Lilladyvinyl 31 views 2 comments Most recent by JordanFromWave January 8, 2019 9:57PM
  • I connected my bank, and it pulled in my long term savings accounts (Retirement and Tax Free Savings Account). I want to put my TFSA into my 'Cash and Bank' category, but it won't let me change it's allocation. I want to do this, because I just transferred money out of that into my bank account, and I can't set up the 'transfer from, transfer to' …
    Jordan_Taylor 16 views 0 comments Started by Jordan_Taylor January 8, 2019 9:07PM
  • we are a privately owned fishing camp with 9 members. We do not send invoices, have any inventory, need a record of either short or long term assets, or worry with depreciation or amortization etc. I do need to keep track of members dues or guests payments and what we spend on utilities or repairs. So I many of the default accounts just are un nec…
    lwebb 29 views 4 comments Most recent by JordanFromWave January 8, 2019 8:50PM
  • When I verify a receipt, it posts it to accounting, however there is nearly always another transaction there that has automatically imported from my bank account, is there any way to merge these? Otherwise I end up with two transactions with screws with my accounting My work around might just be to disconnect my credit card from Wave as then I'…
    JonGrilli 29 views 2 comments Most recent by JonGrilli January 8, 2019 9:43AM
  • I am new to Wave and, having outgrown the spreadsheet approach to managing two small businesses, I'm giving Wave a go. One of my businesses is a cottage rental, which involves an "account" with what is essentially a property and rental management company. I receive monthly statements, which (to simplify) include: * Any expenses incurred, tha…
    DaveB 25 views 2 comments Most recent by DaveB January 8, 2019 1:10AM