Accounting Release Updates

All you need to know about the latest feature releases from our Accounting team!
 

Discussion List

  • Hi Wavers, As we teased in this post back in April, our update to the transactions page to make it faster, more intuitive, and responsive across your devices is almost here! We’ve updated the Transactions page based on your feedback and what you need to make managing your business faster and easier. For those of you who have been with us since t…
    Jeff_B Announcement Closed 1.9K views 75 comments Most recent by AlexL April 1, 2021 3:39PM
  • I have several people who make purchases for my company. What I love about [email protected] and the Receipt App is that as soon as the purchase is made, the purchaser can upload the receipt without fear of loosing the receipt. I have 6 people who purchase items and they immediately upload the receipt using the email or the app. Then I link t…
    sheilamstrong 135 views 3 comments Most recent by trimkynda June 17, 2021 11:28PM
  • Hi Wavers! We're very excited to announce the official release of the new and improved Transactions page. We’ve leveraged your feedback to develop a new version of the page which makes it faster and easier than ever to manage your bookkeeping in Wave. For existing beta customers, the new page will become permanent on Monday, March 22nd, and will…
    JCowan 1K views 82 comments Most recent by JulianP June 3, 2021 7:36PM
  • I unintentionally clicked the "save" option within the Transactions page. Immediately after clicking "save", the transaction disappeared. Where is it now? What does "save" do?
    WaveSean01 27 views 2 comments Most recent by RJsSmokehouse June 3, 2021 4:26PM
  • How can I add the taxes for my expenses in the transaction page?
    Rosalba 15 views 1 comment Most recent by JulianP June 2, 2021 8:40PM
  • We recently announced we’ll be retiring the Wave Receipts mobile app, and focusing our attention on delivering an optimized receipts experience in waveapps.com. We appreciate the input we received in response, and want to provide more detail on what this upcoming change means for our customers. Our goal is to build one unified experience that bot…
    JCowan 2.1K views 72 comments Most recent by frankw April 30, 2021 9:59PM
  • Since we launched the ability to search by description earlier this year, we’ve had numerous requests to enhance this functionality to allow you to search by transaction amount. This functionality currently searches all transactions in your business currency. To search for a foreign currency amount you must first filter to that account, then s…
    JustinA 4.1K views 21 comments Most recent by whidzee April 27, 2021 11:56AM
  • MakMak
    hi! I am trying to enter an expense and having some difficulty with the new update for Transactions. Has Wave removed the field for entering comments/notes with the expense? I can't seem to find it. Thanks in advance for your help!
    Mak 111 views 3 comments Most recent by Mak April 10, 2021 12:14PM
  • Hi, Since the new transaction update when I have transferred money from my savings account into my tax payment savings account it automatically did the corresponding journal entry in the tax payment savings account but it hasn't changed the "All Accounts" drop-down list to reflect the transfer amount that has been done. The amounts in e…
    Rob_oz 31 views 1 comment Most recent by Rob_oz April 1, 2021 12:18AM
  • Please note that this discussion has been closed, but you can continue to follow the conversation in our updated post here. Hi Wavers! We’re excited to announce that our team has been hard at work leveraging your feedback to develop a new and improved receipts feature. The new receipts feature will launch in June, and with it, we will be retirin…
    JCowan Closed 11.1K views 240 comments Most recent by JCowan March 31, 2021 3:41PM
  • Hi, Wavers! We’re developing several new features to make your accounting experience faster, easier, and more flexible. These upcoming features are based on feedback from customers about how they use Wave and what you need to make managing your business faster and easier. We listened, and we heard you say you need efficient, powerful solutions t…
    Tara_V 6.3K views 44 comments Most recent by DashingCollective March 10, 2021 5:30PM
  • Is there a way for a customer to look up their account to see their balance or how much they have paid?
    Truth 17 views 1 comment Most recent by JulianP March 1, 2021 10:01PM
  • Good day, I wish Wave can make the reports smaller. The reports simply take too much space. A simple report normally prints on two pages, other accounting software would probably use half a page. The reports need to look more professional. These reports are shown to customers and suppliers and it does not look very good. Please remove the extra sp…
    hichson 81 views 3 comments Most recent by ErikaP February 19, 2021 6:13AM
  • Hi Wavers! Our team has been hard at work completely reimagining Account Reconciliation. It’s now easier than ever to get your accounts reconciled, and feel confident about the accuracy of your reports at tax time. Watch the video! To get started, head to Accounting>Reconciliation from the left-hand navigation in your Wave Account. You’ll s…
    JustinA 4.7K views 72 comments Most recent by AlexL February 8, 2021 7:10PM
  • Hi. I have two businesses in Wave and realised that the new one has Settings > Payments > payments set to 'Wave Payments' instead of 'Cash on Hand'. I have adjusted that setting to the latter but how do I recover the money from the invoices that have been paid this week to the 'Wave Payments' setting (or will that happen automatically now th…
    KimWilliams61 26 views 3 comments Most recent by AlexL January 6, 2021 5:36PM
  • Hey Wavers, We know that as a small business owner, cash basis financial reporting is essential to understand how your business is performing and to file your taxes. We heard your feedback, and we’ve released an update to your reports in Wave that allows you to choose either Accrual Basis or Cash Basis when you run most reports. Both Cash Basis …
    Tara_V 9.4K views 13 comments Most recent by flutesonline December 23, 2020 12:04AM
  • I am struggling to know how to report a software glitch. I am sure you are onto the big problems that arise because we never see them but small things my pass you by. Currently when I print an invoice it will also print by default a second blank page. Is this just me or do other people have this problem?
    skiplightphil 26 views 3 comments Most recent by _HelpNeeded10203 December 1, 2020 12:28AM
  • Hey Wavers! We’ve updated the bulk edit tool on the Transactions page to include accounts. Now, you can update the account on multiple transactions at the same time. To use bulk account edit, select at least two transactions from the transactions list using the check boxes on the left-hand side of the page. Click Edit, and select Account from th…
    JustinA 10.3K views 19 comments Most recent by ConnorM April 24, 2020 6:37PM
  • Uploaded a receipt and have your bank account connected? Marked an invoice paid and have the payment import from the bank as well? Duplicated income or expense transactions are now easier than ever to manage with the merge function. Simply select two transactions that are both deposits or both withdrawals, with matching amounts and accounts an…
    Charlotte 8.2K views 53 comments Most recent by Barsin April 17, 2020 6:48PM
  • Hey Wavers, We’re currently doing some maintenance on the Cash Flow report in order to make the report more accurate and easier to read. While we’re making these updates, you can still run and export any of the reports in your Wave account. The improvements include the following changes: * We’re replacing the two calculation methods available i…
    Tara_V 521 views 1 comment Most recent by Cameron March 28, 2020 2:31PM
  • We’re investing in cutting-edge ways to use machine learning technology to deliver a faster, more insightful experience in Wave. You can see this at work with new automatic categorization on your bookkeeping transactions. Wave now learns from your categorization behaviours, as well as the preferences of other people using Wave, to automaticall…
    Charlotte 756 views 10 comments Most recent by jmimery March 10, 2020 9:44PM
  • Hey Wavers! We’ve updated the edit account tool on the Chart of Accounts page to allow movement between different types (with some restrictions). To change the account type click the edit icon: Then select the account type you want to switch to from the drop-down and Save: Note: Due to the way the system is built, movement is only allowed …
    JustinA 10.9K views 2 comments Most recent by AlexL February 3, 2020 7:32PM
  • Hi Wavers! On November 18th, we’ll be kicking off a planned upgrade to the Wave Accounting database. We'll update this forum post to let you know when maintenance has started, and when it has concluded. In your account, this means that you’ll experience two brief periods when your data will be in read-only mode. When this happens, you’ll see a b…
    JBKahn Closed 294 views 3 comments Most recent by faridah November 12, 2019 2:22PM
  • Previously, journal entry line items associated with sales tax accounts were assumed to be payments to the government. We've listened to your feedback that you need the ability to add journal entries to increase your sales tax collected to increase your liability, as well as the ability to increase your sales tax paid on on purchases. We're pleas…
    JustinA 3.2K views 4 comments Most recent by Barsin September 3, 2019 3:30PM
  • You've been asking for this functionality, and we're happy to report the wait is over. Search transactions by description to group them to streamline your bookkeeping. You can use this feature with the bulk edit functionality to quickly categorize, add sales tax, and mark transactions reviewed in one go. What do you think of this feature? Has…
    Charlotte 1.9K views 41 comments Most recent by ConnorM July 11, 2019 4:12PM
  • Accounting is often seen as difficult territory for those of us non-CPAs out there, but learning how to perform the management accounting for your business is easier than you think (we promise)! With our Fearless Accounting With Wave guide, you can take the accounting for your business into your own hands and gain a better understanding of your bu…
    James_Hudson 1.3K views 12 comments Most recent by Hot_Glass July 6, 2019 4:39AM
  • Another new feature to streamline your workflows, keyboard shortcuts! When you’re ready to save the details of a transaction, simply hit “Ctrl + S” (Windows), or “⌘+S” (Mac). What do you think of this feature? Has it been useful? Anything you think we can improve? Other common actions you'd like to see us introduce keyboard shortcuts for? Let u…
    gabrieltomescu 894 views 4 comments Most recent by sverhage June 4, 2019 10:05PM
  • If you have your bank or credit card set up to import transactions to Wave automatically, you may have noticed that some transactions were already categorized when they imported. We know this is a time saving feature, but in talking with customers and using the automatic categorization ourselves, we knew we could do better. We're pleased to annou…
    JustinA Closed 5.2K views 27 comments Most recent by Samd May 10, 2019 7:54PM
  • Noticed your historic reports have changed and struggling to track down the root cause? Good news! We've introduced a modified date filter to the transactions screen to make it easier to isolate these transactions. Click More Filters to access the date modified filter. We've also added this information in the details panel for each transact…
    JustinA 1.4K views 3 comments Most recent by UHRP3 April 29, 2019 7:46AM
  • We're happy to announce a new time saving feature for those repetitive transactions. Duplicate in a single click to save time on your bookkeeping. Please note that you must save changes to the transaction you're editing before you will be able to duplicate it. Also note that payment transactions and transfers are not able to be duplicated at p…
    Charlotte 6.1K views 37 comments Most recent by LaurenM April 20, 2019 10:47AM