General Discussion
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Discussion List
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Hi to all. I keep the books for a small family run Non-profit ministry. Our accounting is really simple. I have used Quickbooks Desktop for twenty years, but Inuit has really abandoned the program because it is trying to force all of the Desktop users to switch to Quickbooks online. I was recently forced to upgrade to the 2020 version of Quick…
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WAVE new management in my opinion are making Wave Less Efficient for us long term Wave Users (Customers). Seems ever since H&R Block bought WAVE things are being removed or de-contented from what we had before. The changes are poorly planned as to their effect on the USER's (Customers). Support personnel try to up sell the poorly planned chang…
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Are there any tax softwares that support imputting wave information? Or does it work to export to a Google sheets and then input the data into turbo tax or H&R? Thanks! Looking into my best options for filing so any recommendations help!
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How to record a purchase of a vehicle to asset , when i you scan the receipt it does not give the asset category choice ?
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Wave needs to overhaul the dashboard. Its dated and we should be able to customize it for our needs. I would also rather see something more horizontal than vertical so I can see everything at once. The contact manager needs to be updated too to hold multiple contacts under the same business name. It should also notify us if a contact is already i…
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I'm having some issues connecting up my bank connections with your change in provider. Its showing CAD amounts for a USD account that will be importing USD asset account. (Image) Lets assume the following: * Amount A is my expected total in my USD Savings account. * Amount B is the correct FOREX to CAD of Amount A * I have Amount A USD in the…
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Looking for recommendation of check writing tool that integrates well with Wave.
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I must be old school How to reconcile wave payments? I've been stuck on this issue for some time, and the amount of transactions that result in duplicates or unmatched transactions is mind-boggling. When working with other merchant payment systems, I always had a monthly statement to work from. Are there reports that can be obtained? There are …
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How do i manually enter a payment to the state for sales tax due?
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Hi all, it's the newbie here. Just started with Wave about a week ago and I've been reading soom about the Title Discussion I've listed above and I'm still a tad puzzled about which is for me. I've started my own electrical company and usually just bill labor on one line and materials on the other on my invoice. Putting my material as an Inventory…
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We are merging a one business to a second business and want to know how to export data from business one to business two. Is this possible?
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I have a Canadian Home Trust Visa. Online services are provided by ezCardInfo. Import used to work just fine. As I try to migrate to the new provider, it's insisting that my CAD $ account is somehow a USD $ account and won't let me link it to my Canadian account. I've checked for profile settings in ezCardInfo (there are none). Anyone have an…
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All my settings show no connection to my bank account. This is what I prefer and set up. HOWEVER, Wave is still pulling in my personal bank account transactions. This is borderline illegal. Where is this data coming in from?
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I am not sure the best way to describe this and I guess it is a general best practices question. I have my business checking and business credit card accounts linked to Wave and transactions automatically imported. The issue is credit card payments are counted twice For example, each individual credit card transaction is counted as a withdrawal. …
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Where in COA would you code state and federal income tax payments in wave?
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Hello how do I add transactions from a closed bank account into my Wave account they are for sales and expenses that will be needed for accurate reporting and forecasting the. Thanks
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I have a client who is looking to convert two companies from Quickbooks Online to Wave. The companies have a combined total of about 2600 transactions he would like entered in as sales receipts and invoices from 2018 and 2019 so he can run comparison reports. Is there a way to upload those transactions instead of manually entering them one by one?
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Am I the only one having an issue with adding the invoice date and customizing the payment due date ? It’s not giving me the drop down like it used to before.
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We currently have about 50 physical products that we sell, different prices and volumes for each. Does anyone know if it would be best practice to have an Inventory, COGS and Income account for each product we sell or just to keep it at a an Income, COGS and Income level?
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Hello All, We are currently evaluating different invoicing software. I really like waveapps and the options it allows me to use. However the Aged Receivables leaves a lot to be desired. I'm looking for a way to break it out by customer and invoice number. Not being able to see the specific invoice and the over due date is making it harder to use …
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I recently sold my business vehicle and paid off the business loan with the proceeds. Previously, I had created a journal entry for a long-term asset for the vehicle and an account for the business loan under long-term liabilities. The vehicle was not fully depreciated. How should I categorized the revenue from the sale and the pay-off of the l…
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How can I delete a company that I created in Wave
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Is it safe to say the best way to see actual business income generated is by looking at the "Cash Flow" report vs P&L mainly because P&L will add or subtract invoices that have yet to be paid while "Cash Flow" will only report invoices that have been reconciled? I have multiple invoices made for next year that I plan o…
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Does anyone have a contact number for Wave that I can get ahold of someone for an important time sensitive issue my client and I are having with the app? I can not communicate via email.
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Hi, Wave Community! (*wave*) I couldn't find another way of asking this, but how would I go about using Wave to manage the books of a few small businesses, and not just my own? Would I set up multiple accounts, or what is recommended? Thank you for your input... and thank you Wave for an amazing service. Bren_95
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where in the chart of accounts do i put a loan for a truck that is used in my business?
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Why can't Receipts have a landscape setting? Keyboards are handy, and many tablets have a keyboard setup that requires landscape. I run my businesses from a tablet that has a keyboard and the app makes it easier to put a receipt into the appropriate business than does the browser interface. Does anyone know of a work-around to force the app int…
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In wave what is the difference between the owner equity account and the owner investment/drawing account? Reason I'm asking is because instructions say to put the starting balance to owners equity but should it go to owner investment? Thanks
