Help Center Discussion

For discussion & feedback regarding Wave's Help Center.
 
«13456

Discussion List

  • When renting property, we charge a rental deposit which is held until the tenant leaves which could be 6 months of 3 years later. I assume this should be handled as a long-term liability since the deposit will (possibly) be held beyond the current tax year. * Please can someone show me (with screenshots ideally please) how to record this …
    trelimon 17 views 3 comments Most recent by Mikeg February 21, 2019 6:54PM
  • Upload bank and credit card statements If you don't want to connect your bank or credit card to Wave, or if your bank isn't among the 10,000 financial institutions that Wave supports, uploading your statements is a great way to avoid th... Read the full story here
    System 2.2K views 24 comments Most recent by Buzzhorn February 21, 2019 6:44PM
  • Introduction to the transactions page The Transactions page is where all of your transactions live. You can create, filter, sort, and edit your transactions here. Take a moment to check out everything you can do. From the Transactions... Read the full story here
    System 515 views 9 comments Most recent by Samd February 21, 2019 6:35PM
  • My cash physical cash balance is the same as my verified balance, however the balance in the trial balance is way less. I can seem to reconcile the difference as its the first time I am experiencing such a discrepancy. Thanks for the help in advance.
    AntCellular 5 views 1 comment Most recent by Mikeg February 21, 2019 6:27PM
  • Entering mileage in Wave Using your private vehicle for business purposes is a legitimate business expense, and most small business owners choose to take advantage of this by claiming a deduction for business miles driven ... Read the full story here
    System 809 views 13 comments Most recent by Carrie_W February 21, 2019 6:26PM
  • How do I handle depreciation and amortization? We're all familiar with the idea that when we buy a car, or a television, or any other large item, it depreciates — it becomes worth a bit less every year. When you buy larger assets for your busin... Read the full story here
    System 1K views 17 comments Most recent by Samd February 21, 2019 6:23PM
  • How to handle invoice deposits or pre-payments If you work with clients on an ongoing basis, or if you're beginning a large project, you may want to accept a deposit or pre-payment from your customer. We'll walk you through how you can easily h... Read the full story here
    System 357 views 9 comments Most recent by CasaChango February 21, 2019 6:03PM
  • Connect your bank account to Wave Love typing long lists of transactions? No? Here's how to connect your bank accounts to Wave, so that your transactions can update automatically! To connect a bank account to Wave: Click Banking i... Read the full story here
    System 3.4K views 37 comments Most recent by GoBrownie February 21, 2019 2:58PM
  • Simple inventory entry & tracking in Wave When you spend time and money to build up a stock of items that you can sell, you have converted cash into an asset known as "inventory." To properly assess the state of your business, it... Read the full story here
    System 2.3K views 9 comments Most recent by Joya February 21, 2019 11:15AM
  • How to add an expense transaction If you haven't connected your bank account to automatically import your transactions, you can manually add income and expense transactions as they occur. Here's how to add an expense transaction. H... Read the full story here
    System 9 views 1 comment Most recent by k16e February 21, 2019 9:31AM
  • Switching to Wave from Quickbooks or other accounting software Get your Wave account set up the way you like it. If you have not already done so, complete the steps in Setting up your Wave account before switching. Create any outstanding (unpaid) invoices an... Read the full story here
    System 1.8K views 3 comments Most recent by SoulBe February 21, 2019 6:19AM
  • Can someone please provide the proper process to add PayPay Payment and fees transferred from Bank to a Wave invoice? I am still learning how to book keep. Sales are my thing, not accounting! If I do something wrong, I won't know how to dig myself out of the hole! It would be so much easier if Wave accepted PayPal, then I wouldn't have to bill sep…
    Barb 2 views 0 comments Started by Barb February 21, 2019 3:59AM
  • How to account for transaction fees If you're one of the many business owners who uses credit card processing as a method of payment, then you’re more than familiar with transaction fees (also known as merchant fees). Most credit car... Read the full story here
    System 739 views 14 comments Most recent by Barb February 21, 2019 3:38AM
  • New transactions page overview Your transaction page is your accounting home base. It’s where your data lives and where you can view, modify, and manage the transactions in your various accounts. We'll run through the upgrades a... Read the full story here
    System 153 views 5 comments Most recent by BMO February 21, 2019 2:11AM
  • Comparative reporting: An easier way to track your business health While you can learn a whole lot from a single report, a lot of the time the most insight into what’s happening in your business can be gained by comparing two reporting periods side-by-side. Compar... Read the full story here
    System 2 views 1 comment Most recent by Buzzhorn February 21, 2019 1:13AM
  • Transfers transformed We’ve redesigned the transfer function in Wave’s Transactions page to be more intuitive and straightforward than ever. We’ll take you through all of the changes and improvements below! Whenever you... Read the full story here
    System 327 views 15 comments Most recent by Casey February 21, 2019 12:25AM
  • Handling business expenses with a personal bank account It’s a good idea to keep your business and personal finances separate, but every once in a while you might happen to make a business purchase with a personal bank account. If you need to account fo... Read the full story here
    System 2.2K views 33 comments Most recent by LeighL February 20, 2019 10:45PM
  • Let's say I create an invoice using products that have a price added to them. The invoice is paid by the customer. When I run a PL report, the products inside the invoice are showing up under "sales" and the invoice paid amount is showing up under the income category, therefore, showing the income x2! Am I doing something wrong here? How do I prev…
    LeslieA 7 views 3 comments Most recent by JamieD February 20, 2019 9:56PM
  • Is Wave available in my language? Wave is only available in English, but there are some easy ways to make it work for you, wherever you are in the world! Wave is always working to improve our platform and broaden our offerings for ... Read the full story here
    System 490 views 9 comments Most recent by Wicked February 20, 2019 9:05PM
  • Connection error: Updating your bank Every so often, your bank connection in Wave may fail with an error message. In most cases, the connection has simply timed out, and you’ll want to perform a manual refresh in order to re-establish... Read the full story here
    System 1.9K views 20 comments Most recent by JamieD February 20, 2019 6:50PM
  • How to change the owner email address of your Wave account The following steps will help you change the owner or the email address of your current Wave account by adding a new email address to replace the one currently in use.  Click on your business name... Read the full story here
    System 920 views 6 comments Most recent by JamieD February 20, 2019 6:46PM
  • Why can't I bulk edit certain transactions? Transactions can only be bulk edited if they qualify for all the changes you're trying to make. Here, we'll walk through some of the common reasons bulk editing may fail with certain transactions. ... Read the full story here
    System 12 views 3 comments Most recent by SandraKW February 20, 2019 5:54PM
  • Understanding your new & improved chart of accounts When you navigate to your Chart of Accounts page, you’ll notice that it has received a serious facelift. We’ve upgraded and reorganized to make navigation more friendly and easier to understand. On... Read the full story here
    System 1.2K views 20 comments Most recent by JamieD February 20, 2019 5:35PM
  • Wave Connect: Easily import and export data with Wave's Google Sheets add-on Wave Connect is Wave's official add-on for Google Sheets. Use it to quickly upload customers, products, invoices, bank transactions and bulk journal entries to your Wave business. You can also down... Read the full story here
    System 430 views 17 comments Most recent by PaulC February 20, 2019 5:31PM
  • How to show a discount on an invoice Creating a discount on your Wave invoice is as simple as adding another product line item with a negative price.  Just remember, if you charge tax, to apply tax to the Discount item too! Here's how... Read the full story here
    System 2.4K views 14 comments Most recent by JamieD February 20, 2019 5:06PM
  • What's the difference between an employee and an independent contractor? The distinctions between employees and contractors can be confusing, but it’s important to correctly classify the workers you pay. Both positions have different tax obligations for your business. ... Read the full story here
    System 61 views 1 comment Most recent by k16e February 20, 2019 6:49AM
  • Improvements to categorization Most often, the time you'll spend on the Transactions will be spent categorizing using the quick list view or the new Transaction Details View. This detail view expands when you add a new transacti... Read the full story here
    System 139 views 3 comments Most recent by Vas February 20, 2019 4:49AM
  • Wave is saying goodbye to personal budgets & investments. We have some exciting feature improvements planned for your Wave account, like faster, more intuitive bookkeeping; more speed everywhere; and better reports with great insights for your business. I... Read the full story here
    System 1.5K views 12 comments Most recent by dnord2413 February 19, 2019 9:54PM
  • How to account for reimbursements You’re busy, and maybe you have some extra hands helping you out. How do you record reimbursements in Wave if someone else makes a purchase for your business? Follow the process below and you’ll be... Read the full story here
    System 1.5K views 6 comments Most recent by JamieD February 19, 2019 5:41PM
  • Dealing with bad debt: How to write off an invoice What do you do when you realize an invoice you've issued just isn't going to get paid? Perhaps your customer has gone bankrupt, or there's some other reason you can't collect. That sucks, and we fe... Read the full story here
    System 829 views 6 comments Most recent by JamieD February 19, 2019 5:28PM
 
«13456