Accounting

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13468943

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  • I've created an account for inventory, and no longer need it. Any idea how I can remove it please?
    LIMO 5 views 0 comments Started by LIMO February 24, 2019 11:12PM
  • I purchased a bunch of start up equipment before I had a business bank account and business credit card in order. So far I have created a liability account under my business profile of "Credit Card - Personal" and have applied those transactions to it but that is clearly not correct as that makes it look like a liability on the business' books whe…
    LeighL 39 views 6 comments Most recent by LeighL February 24, 2019 3:26PM
  • Hi! My bank account is linked to my Wave account and everything looks accurate except for one deposit that was made in the first week of January, which doesn't show up in Wave. How do I fix this issue? Thanks!
    mariareyes 16 views 1 comment Most recent by Mikeg February 24, 2019 2:40AM
  • Hi, sorry for my English, Before Know Wave, I have some Credit Cards, I used for the business and I start to used Wave but I don't know How to insert the amount I own in each credit card, I know I can insert the credit card into Credit Card & Liabilities, but what about the amount? how I tell Wave the amount I owe to each credit card, than…
    VAGOZ 4 views 0 comments Started by VAGOZ February 23, 2019 4:41PM
  • Similar to multiple categorization, is there a way to bulk move transactions for example a wireless payment to business without having to select each and every single item to move it? It is painstakingly long to select each item then move to business.
    CoachMo 403 views 3 comments Most recent by drmichaelmeyers February 23, 2019 5:02AM
  • Hi I have one bank account for several small businesses. I used to be able to move transactions between businesses using the move function but I cannot see this in the new transaction view. Also I sometimes pay for a business expense out of my personal account and again I would need to move from personal to on of my business. This change is making…
    sjclarkey 27 views 5 comments Most recent by drmichaelmeyers February 23, 2019 4:24AM
  • I have two accounts - a trust account and an operating account. When I process credit card payments, they go through the operating account and then are transferred to the trust account. These payments are NOT income until I remove them from the trust account when they are earned, which occurs later on . My questions are as follows: 1) How sh…
    wynnel 20 views 5 comments Most recent by Samd February 22, 2019 5:59PM
  • Since Wave can no longer connect to HSBC Canada we've been forced to go old-school & manually import transactions -- fun times. However, manually importing statements is no longer working. We've just tried to import multiple statements but only just realized that nothing actually happened. What I mean is that the statements all upload just …
    powermod 18 views 4 comments Most recent by sonyasen February 22, 2019 5:46PM
  • Can anyone suggest how I might apportion expenses like utilities, phone, rent etc recorded in our personal accounts across to my wife's and my business accounts for tax purposes? Example, $100 in utilities category in personal account, transfer $33 to utilities category in my business acount and $33 to utilities category in my wife's business acc…
    OldStace 16 views 1 comment Most recent by Mikeg February 22, 2019 1:54PM
  • I'm a newbie and have used wave in 2018 (Great app, BTW) How do I start a new year from zero? For example, when I run reports > General Ledger for 2019, expense categories (say meals or Internet expense) still show "Starting Balance" carried over from 2018 and then the new transactions of 2019. Same happens for all other categories like inc…
    sanjeevnuts 84 views 4 comments Most recent by sanjeevnuts February 22, 2019 1:18PM
  • I have a dozen bank accounts listed in my dropdown and they all say "checking, savings, or visa"..... How am I supposed to know which one is which? The dropdown menu when viewing transactions does not even break them down by bank. Is there not some way to rename or "nickname" accounts to something meaningful like "bank x - family savings" a…
    gtewks 200 views 6 comments Most recent by PattyJ February 21, 2019 6:56PM
  • Hi guys, I'd like to put cash purchases through my accounts without uploading a receipt, how would one do this? Thank you.
    ArtisanCrafts 4 views 2 comments Most recent by Samd February 21, 2019 6:32PM
  • Can you please explain how can i allocate the remaining bill payment to a certain customer ?
    shahzaib 2 views 1 comment Most recent by Samd February 21, 2019 5:15PM
  • UPDATE I found what I was looking for, but not sure how to close this. I am trying to find a report for my receipts. I have receipts entered with ones that have paid tax and ones that I haven't and such. I need a report for all my purchases for taxes. Can anyone help me? I can't find it anywhere. TIA!!
    pb2andjdesigns Closed 4 views 1 comment Most recent by Samd February 21, 2019 4:49PM
  • I have a chase business card with 4 individual employees accounts. Wave uploads the same random transactions 2-3 times for each of the users. I saw there was an issue with duplicating transactions that was marked resolved in January. Well, it's February 17th and it's still there.
    CaliGirl 17 views 3 comments Most recent by Samd February 21, 2019 4:24PM
  • I've just moved over from QBO and have a balance on my existing business credit card. How do I categorize this liability?
    desertrat75 15 views 1 comment Most recent by Mikeg February 20, 2019 9:52PM
  • How many days in the payment cycle? Once I get an email notifying me the customer has made a payment, how many days is a usual payment cycle from Wave to me? 4,5,6 days is not ok. :/ :/ :/
    hortonlawn1_ 5 views 1 comment Most recent by JamieD February 20, 2019 6:53PM
  • Hi How to I generate a monthly income report with two specific parameters?
    Ferds 5 views 1 comment Most recent by JamieD February 20, 2019 6:06PM
  • Hi, I use Wave to manage a small business. Up to this point I have just used it to record and manage entries from a business checking account, but I recently inherited a property, which I have transferred to the business as a rental property. I've been experimenting with Journal Entries, but I must be doing something wrong... Here are the de…
    Matt_UKTX 42 views 2 comments Most recent by MerlinAccounts_UK February 20, 2019 10:12AM
  • Hi guys Help on this one if possible! Sales Tax owed in Wave $153.95 In the real world - Sales Tax with Tax Office $154 Penalty with Tax Office $210 Credit with Tax Office $460 Balance with Tax Office $96 Sales Tax refunded to bank account in Wave $96 Questions - 1. How do I balance out the $153.95 correctly calculated by Wa…
    Chris_SHCC1 5 views 4 comments Most recent by Chris_SHCC1 February 19, 2019 11:31PM
  • Hello all, I hope that this in the correct section. I had a PayPal working Capital loan from July 18-December 18', that was paid off. A % of sales were taken from my PayPal account automatically. I have the loan set up in my Chart of Accounts, It seems like it is backwards as it is showing a negative balance. I did read the article from a goo…
    ScorpionCoatingPlus 36 views 3 comments Most recent by Charlotte February 19, 2019 11:28PM
  • We're a small NGO so does the application do the job and can it be customized for nonprofit?
    hhajj 398 views 6 comments Most recent by Peace_RCUS February 19, 2019 10:25PM
  • How would I set up each transaction with Wave: * Purchase of iPhone from Apple using Citizen One (24 monthly payments) * Monthly payments to Citizen One from Business American Express * American Express statement paid by Business Checking I have accounts for: Business Checking Business American Express Citizen One Loan Machinery Eq…
    ecamhi 27 views 2 comments Most recent by ecamhi February 19, 2019 8:15PM
  • My apologies if this has been answered before. I searched, but could not find a discussion on this. To manage payments made on a website through credit cards, I have added a payment gateway (account) as a Cash & Bank account. I now: * Record a payment against an invoice as paid by credit card into the payment gateway account * Pass an…
    MohanVeme 3.7K views 38 comments Most recent by JamieD February 19, 2019 8:11PM
  • I realize there is no automatic recurring payments, but when adding a monthly payment on a bill like auto insurance can I simply click "Add Payment" on the existing bill or do I need to create a new bill each month? Same thing with 1099 contractors, can I just click Pay Contractor or do I need to create a new bill each week?
    Chipfo 17 views 2 comments Most recent by Chipfo February 19, 2019 5:20PM
  • How can I export a customer listing to excel
    Yelena 2.1K views 3 comments Most recent by Ryan_W February 18, 2019 9:41PM
  • On occasion I will pay a contractor to do a small odd job for me; for example, I recently hired a student to write a simple computer program, and a professional artist to do a custom illustration. Neither one made me an invoice or receipt; I just paid them in full as soon as the job was done. And I don't have SIN numbers, which is required if I wa…
    lzr9000 4 views 1 comment Most recent by Ryan_W February 18, 2019 8:12PM
  • Hi I changed the fiscal year end to June 30th and when you go to report for the firs time it takes the correct date duration from previous year to this year, (please check the attach images) but when we select different year or even the same year again it start and end dates change to Jan 01 to Dec 31st
    VinR 35 views 6 comments Most recent by realize February 17, 2019 5:01AM
  • Hi, I have an invoice that has been raised on 10 Feb 2019 Paid via stripe on 14th Feb 2019 It's not showing in accounting?
    snappyfish 4 views 1 comment Most recent by snappyfish February 16, 2019 9:42PM
  • I'm a freelancer in Belgium, and the general take here is that for every paid invoice I should set aside 50% of it, that will end up in state taxes and national security/pension funds. I opened at my bank a checkings and a savings account, and every time I get paid I transfer 50% of the sum to the savings. Once tax season comes up, I use those …
    tomorrow 20 views 3 comments Most recent by Mikeg February 16, 2019 3:01AM
 
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