Accounting

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Discussion List

  • HOW DO I MOVE THE CASH WITHDRAWN TO MY CASH ON HAND?
    Jon Fitt 35 views 3 comments Most recent by Mohamed Imran Buhary Seyed Mohamed January 16, 2018 3:54PM
  • Merge seems essential. For instance, if I am manually entering payroll (as opposed to using Wave's payroll service), I'll create a journal entry with a debit to "payroll - salary and wages" for gross pay, various credits for FITW, SITW, etc, and finally a credit to my bank account for the amount paid to the employee by check. That credit to the …
    HuntsvillePost 143 views 2 comments Most recent by Mohamed Imran Buhary Seyed Mohamed January 16, 2018 3:28PM
  • A couple days ago, a customer of mine paid in advance for goods which he will collect later. The signed receipt I gave him has a note to that effect. As such, he currently has proof that he paid me and has not received the goods. I want to create a document that states he has received the goods. That way, when he collects them, I would have him…
    abajan 36 views 1 comment Most recent by Charlotte January 16, 2018 3:49AM
  • Is it possible to make journal enteries under account payable's sub accounts (vendors) directly instead of entering bills in purchases?
    naeemirza 85 views 1 comment Most recent by Charlotte January 16, 2018 3:46AM
  • On top of 2.9% + 30cents that waveapps charge for credit card transaction. How much do stripe charge? Sorry.. I cant seems to find the info
    Roypo 55 views 1 comment Most recent by Charlotte January 13, 2018 3:39PM
  • Hello, I just started using Wave to track all of my business accounting. Our company received a $35,000 loan to start our business, to be paid back monthly at an 8% interest rate. We are receiving the loan in draws. Our first draw was $5,000 which we deposited into a business account that we have already connected to Wave. How do we set up this …
    Trevor 820 views 2 comments Most recent by Charlotte January 11, 2018 5:28AM
  • How do I print out a copy of my transactions?
    plkidd2 4 views 1 comment Most recent by Charlotte January 11, 2018 1:33AM
  • I'm using the free version of wave and reviewing my personal account transactions. I have a lot of transfers between my personal account, and all the transactions appear on the transaction page, however they are not linked. For example, if I repay my credit card by withdrawing from my checking account, both sides of the transaction appear, but are…
    Abel 16 views 1 comment Most recent by Charlotte January 10, 2018 11:00PM
  • How is it possible that receipts and bills being sent to [email protected] are automatically added to the correct account? Further to that, are there other options for adding receipt images?
    Ali Gruis 14 views 3 comments Most recent by Centanni January 8, 2018 9:39PM
  • In the article, "Simple Inventory entry & tracking in Wave" byKatie Silkinathe suggestion is to create two accounts 'Inventory' in assets and COGs in expenses. Dr. Inventory Cr, COGS When recognising inventory Dr. COGS CR. Inventory After every sale. I found this solution to be perfect in the first year of operations. The probl…
    ronyambu 188 views 1 comment Most recent by Abbas Ali January 8, 2018 9:25PM
  • How does a prepayment to a Vendor is recorder in Wave?
    petros 107 views 1 comment Most recent by Dante_Bulluck January 7, 2018 10:12PM
  • Hi. I am a manufacturer therefore I have to maintain a stock inventory of all goods that I purchase / sell. I want to maintain the stock in terms of quantity purchased and sold and not in terms of monetary value. Is this possible? Thank you! Regards.
    Abid Farhan 430 views 1 comment Most recent by Charlotte January 7, 2018 10:03PM
  • scott 117 views 1 comment Most recent by Charlotte January 3, 2018 11:50PM
  • I sent myself a test invoice and decided to try out the Bank Payment method. To my great surprise, none of my banks are supported. I cannot make an eCheck payment via Wave. (Preferring to not be nickle and dimed with fees, I use credit unions.) So I tried to switch the allowed payment method to include credit cards, and discovered that there's n…
    Timothy Poplaski 18 views 1 comment Most recent by Charlotte January 3, 2018 10:32PM
  • Can we set up a 2 or 3 branch business on wave. Wherein we can look at branches individually and also aggregated as on business? If so how?
    Overture Accounting & Bookkeeping LLC 100 views 3 comments Most recent by EnsignBellaRo January 3, 2018 10:13PM
  • New Charts of Accounts was announced on 20-Dec-2017. However i dont see those options even now. Below is screenshot taken today.
    Varun Agarwal 18 views 1 comment Most recent by Charlotte January 2, 2018 7:32PM
  • Hello fellow Wave users! IÛªm new to accounting, so IÛªm sorry if this is a real Û÷noobÛª question. IÛªd like to know how to pay myself back for things I have paid out of my personal account at the start of my business. IÛªve made up some basic figures to illustrate the scenario below: I set up a new business (sole proprietorship) at the start…
    Camilla Barker 1.5K views 3 comments Most recent by Abbas Ali January 2, 2018 6:56PM
  • Dear Support, UAE is now introducing 5% VAT tax system. they have given us a guideline document which a accounting software should follow. Please let us know if WAVE meets all these requirments. Regards, Abbas 00971502524548 Below is thier guideline: Tax Accounting Software in the context of the FTA Software vendors must strictly …
    Sysnet Solutions 161 views 1 comment Most recent by Charlotte January 2, 2018 2:53AM
  • When you click on transactions it loads "All accounts" but I need to look at them one at a time.
    Abarjak 13 views 1 comment Most recent by Felix Olivar December 26, 2017 9:10PM
  • Good day I would like to transfer a deposit into my checque account as a deposit into my savings account. The problem is that the physical transfer had to be made via two transactions due to a transfer limit on my checque account. Wave unfortunately only allows me to select two transactions on which I can perform a transfer. I there a workaround…
    Alex6 2 views 1 comment Most recent by Abbas Ali December 20, 2017 3:46PM
  • With the new interface, I cannot find how to set the currency type when I enter a journal entry. How to do this?
    Chila 56 views 1 comment Most recent by Charlotte December 19, 2017 7:37PM
  • I'm new to waveapps. I've used Mint and don't have any issues at all with categorizing my transactions. I just spent that last two hours going through and categorizing my transactions from my bank account and NOTHING was saved. Is there some secret to saving the updates to the categories? The transactions have the wrong category or they say "Selec…
    tyoung Closed 30 views 1 comment Most recent by Charlotte December 18, 2017 9:44PM
  • I can not add a collaborator, the 500 error code occurs. How can I fix it?
    phuongndshop Closed 31 views 2 comments Most recent by Charlotte December 18, 2017 9:28PM
  • Hi - We are a small non-profit that collects dues throughout the year. We only pay our landlord once a year however, our largest expense by far. This makes for some fairly meaningless monthly reporting unless I accrue for the rent. However, my accrual is just an estimate - I may be over or under. Therefore, when I learn the true rent, I may ha…
    Community Running Treasurer 5 views 1 comment Most recent by Abbas Ali December 14, 2017 7:47PM
  • Is there a way to auto fill in the description of a transaction? I enter a lot of manual receipts. I have about 5 or 6 recurring descriptions but a lot of different amounts. For example, I use Wave for my Household accounting. Every time I want to add the Costco receipt, I must type in the entire name. Am I missing something? A switch I can flip t…
    lisa 35 views 1 comment Most recent by Charlotte December 14, 2017 3:01AM
  • Delete a receipt - I took 3 photos of the same receipt by mistake
    Carolyn Sutherland Closed 23 views 1 comment Most recent by Charlotte December 14, 2017 2:51AM
  • In my previous product (Solar Accounts) I had my "Directors Loan Account" set up under Liabilities (possibly at my accountants advice), not I find "Owner Investment / Drawings" under Equity. What's the right approach for this in the UK? Is this subject to regional differences? Understanding what account is for what is something I'd really apprec…
    jowettenterprises 513 views 2 comments Most recent by jowettenterprises December 14, 2017 2:38AM
  • Does this take 7 buisiness days? I cant even see anywhere where it shows an active transfer from wave to me. Has been 8 days and still nothing? Not good for business if i dont actually get the money in decent time.
    motosinmiles 525 views 1 comment Most recent by Charlotte December 10, 2017 10:50PM
  • Hi, I know how to upload a receipt, I know how to create a bill. I know how to add a payment to a bill. I appreciate the difference between a bill & a receipt (and an invoice and a PO) so... I have received an invoice from my vendor with payment set to 30 days; From my perspective, this is a bill to me with payment set for a future date. …
    Steve Garside Closed 423 views 3 comments Most recent by MR Centeno December 5, 2017 3:28PM
  • I am ika, just trying to use Wave software, in Wave there is Govt Tax (1.00%) and Govt (1.00%) what is the difference between Govt Tax (1.00%) and Govt (1.00%) ?, Thanks
    Ika Krist 32 views 1 comment Most recent by Charlotte December 4, 2017 9:51PM