Category List


Discussion List

  • wave team , please could you look into this . i have recorded a payment for a invoice as cash payment for rs 400 . the same payment when i check in report shows as 399.99. the report i am checking is under Reports>> account balances>>. i am choosing cash on hand , and in repirt type i have chosen " cash and cash equivalent "…
    madhuri 12 views 3 comments Most recent by JamieD May 10, 2019 3:57PM
  • Hi, is there a way to select multiple transactions from the transactions page, and bulk assign them to a specific customer ? Can't seem to find a way to do that, and can't afford to do it manually for every transaction! Please help!
    ashraf 8 views 0 comments Started by ashraf May 10, 2019 7:40AM
  • Hi, I need to invoice somebody for $306.25 + $30.62 sales tax = $336.87. This is because I have the booking agreement already where the client has rounded the 0.5 cent sales tax down. However, with wave apps, the sales tax is automatically entered in using the 10% calculation. When I enter $306.25 (ex tax), the tax is automatically calculated a…
    majohnboy 731 views 20 comments Most recent by Zeafer May 10, 2019 5:53AM
  • 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 fu…
    tomorrow 51 views 5 comments Most recent by Mikeg May 9, 2019 11:02PM
  • Hi there, 1) I am trying to record withdrawals into the owners (total 2 partners) accounts. This link ( says that we can use "Business Owner Contribution and Drawing -> Owner Investment / Drawings" and "expense" out the wit…
    hong 75 views 1 comment Most recent by Mikeg May 9, 2019 1:29AM
  • For proper accounting purposes, are the below steps correct to create a vehicle asset and associate it with a financing loan/note? * Create a new loan account under Accounting > Chart of Accounts > Liabilities & Credit Cards > Loan and Line of Credit called "Vehicle Loan" * Create a new asset account under Accounting > C…
    travis88 96 views 3 comments Most recent by Mikeg May 7, 2019 3:59PM
  • How to do vat reverse charges in Wave?.
    ThePlayground1 128 views 5 comments Most recent by Dedric May 7, 2019 10:34AM
  • When i mark a transaction as payment for an invoice in wave it is not populating the appropriate income account. I have assigned an income account to the product on the invoice which i presumed meant that the transaction would show up in the relevant income account however it just stays in the "payment received for an invoice in wave income a…
    Jodieh12 12 views 2 comments Most recent by Jodieh12 May 6, 2019 5:56PM
  • How do you guys solve the inability to create sub-accounts? (Main account = Utilities; sub -accounts: Utilities-Electricity, Utilities-Gas, Utilities-Internet, etc)
    Quetzalito 37 views 3 comments Most recent by Mikeg May 6, 2019 10:21AM
  • Hello! I wonder if anyone has come across this: I am using wave for a small business owned by my husband and I, we are a band. Last year we donated income from a concert to two organizations, one for the fires in sonoma and one for earthquakes in Oaxaca. I cannot find a category for donations. I wonder if there is any way to deduct this on our sch…
    cascadadeflores 441 views 5 comments Most recent by Mikeg May 4, 2019 5:31PM
  • so I don't normally use account reconciliation, should I? I run a small self employed business with somewhere between 50 and 100 transactions occur in wave. I have looked back through reconciliation and first month that doesn't match is November 2017 Difference is £52.85 Looks like an invoice was recorded as paid in Wave transactions 25/11/2017…
    snappyfish 24 views 4 comments Most recent by Samd May 3, 2019 8:18PM
  • Hello I would like to know if I am understanding how to fix duplicate transfers correctly. When an invoice is paid through wave it shows the payment as "Invoice Payment", then it also shows a duplicate called "SV9T". I click the category "transfer from payments by wave" and it creates a third matching transaction as &…
    aworkman88 41 views 1 comment Most recent by Samd May 3, 2019 7:55PM
  • I have payments set up and all imports from my bank account as it should. However, every single time I create the transfer to get the money from the holding account to my checking account, it creates two transfers, and I have to delete one. I mean every. single. time. What's going on?
    ReReinDC 85 views 6 comments Most recent by Samd May 3, 2019 7:40PM
  • I am looking for help moving transactions from my Wave business account to the personal account, very much like what is described in this article: is discussed there, Ihave a single-member LLC and am often times making personal purchases with my business accounts which I would like …
    Michael Voccola 3.1K views 30 comments Most recent by Mattme May 3, 2019 7:30PM
  • Hi, When I make a bill for a vendor in order to record an invoice received from him, I cannot attach the invoice. But I would like the invoices to be recorded inside wave, just as receipts. I can make a receipt, where the invoice is then uploaded, but these are for immediate payments and are not attached to a vendor. And I would like to be able …
    Peter Voigt Knudsen 947 views 10 comments Most recent by ZoeC May 3, 2019 7:16PM
  • My credit card closes on the 3rd of the month. So, for instance, a January cycle closes Feb 3. I can't change the closing date to Feb in the reconciliation window. What should I do?
    savvyed 277 views 16 comments Most recent by chriscalo May 3, 2019 12:06PM
  • How come the expenses that i enter is not reflecting in the reports?
    jendylee 16 views 3 comments Most recent by Mikeg May 3, 2019 3:03AM
  • I have looked through all the postings and have attempted to set up this mortgage we have on an STR property. Not sure I have done correctly so please advise where I may have gone wrong. * Property purchased for 360,000 closed 5/31/2018 * 20% down payment 72,000 which shows up in Property Equity * Mortgage after down payment 288,000 (we paid all …
    tcmccormick 180 views 11 comments Most recent by tcmccormick May 1, 2019 8:59PM
  • Hello, Im trying to enter a bill for purchasing a piece of equipment. The PPE asset account isn't showing up in my list of options for coding. Can anyone help?
    Nikita 6 views 4 comments Most recent by Ryan_W May 1, 2019 8:22PM
  • I would like to run accounting for different clients
    Quetzalito 16 views 1 comment Most recent by Samd April 30, 2019 9:30PM
  • Hi is there any way to include the PO number in a Customer's monthly statement? I'm a new user and can't find a way to add this detail and I have a customer who requires this information to be visible. Thank you!
    M1Spec 18 views 4 comments Most recent by PierreDeVilliers April 30, 2019 8:06PM
  • hi there! may I know how you enter the starting balance for Profit and Loss accounts (sales and expenses) ? Thanks
    LucianaM 75 views 1 comment Most recent by Mikeg April 29, 2019 5:54PM
  • DanDan
    Hi, I'm not entirely sure how to categorise my BAS payments after the transaction appears (through bank connection). I have been categorising it in 'Owners Investment / Drawings' currently... Also a general question for any 'Owners Investment / Drawings' transactions ... do we need to change the category and account? Or just the category? Thanks …
    Dan 356 views 4 comments Most recent by Dan April 26, 2019 9:51PM
  • If I try to change it to "Professional Fees" it becomes detached from the bill, making it UNPAID. But with this system I have no way of categorising expenses attached to a bill in any useful way...
    tomorrow 17 views 3 comments Most recent by JamieD April 24, 2019 5:05PM
  • Hello there, I would like your help and guidance on how I can solve the following issue. We have customers who are pre-paying fo a year long subscription to our website. How we would like to treat it as is as follows: Assuming the subscription is $12 for 12 months, What we do now is to put $12 into liabilities and then remove $1 each month for …
    mtopiwalla 13 views 6 comments Most recent by Mikeg April 23, 2019 2:38PM
  • Hi there, I live in BC where we have both two sales taxes: GST (recoverable) and PST (non-recoverable). When I record an EXPENSE using Wave (see my Shopify transaction), you can see only GST is marked as recoverable, even though I accounted for both taxes in my entry. For expenses, my sales taxes are behaving as expected. However, when I re…
    youngstreet 88 views 4 comments Most recent by youngstreet April 23, 2019 2:55AM
  • kookoo
    I am setting up my first VAT registered company on Wave and, coming from Sage, I have a question about the various codes I used to use on there. I had the standard T1 for 20% VAT, T0 for 0% VAT and T9 for transactions that were left off the VAT return completely, such as journal transactions and certain financial transactions. Do I need to create …
    koo 21 views 3 comments Most recent by Ryan_W April 22, 2019 9:59PM
  • When I make a payment to the government for my HST (sales tax) I had debited the HST Payable account and credited the Bank Account the payment was made from. The payment was made in January - but it was for the 4th Quarter owing - so Oct-Dec. But then I end up with an incorrect amount showing as owing for my next period (Jan-March) because I have …
    mage007 70 views 5 comments Most recent by Ryan_W April 22, 2019 8:25PM
  • My home currency is GBP. I had $422.87 in a "Cash - USD" account. I exchanged the whole $422.87 and got £304.28. . I entered a transfer of $422.87 from the "Cash - USD account" into my "Cash on hand" account. The "Cash-USD" account showed a balance of $0.00 which is correct but also a balance of -£38.49. How…
    philip456 28 views 1 comment Most recent by ZoeC April 22, 2019 7:30PM
    barbarabritto 15 views 3 comments Most recent by ZoeC April 22, 2019 6:34PM