Payroll & Employees Guidance

 

Discussion List

  • Aloha, Is there any way to change the payroll frequency? We are in the US and need to change the payroll frequency from semi monthly to bi-weekly. This is because we have hired more people and have seasonal hires and realized that bi-weekly payroll makes more sense. I found that Waves does not allow to change the pay frequency after the first p…
    Alberto 17 views 1 comment Most recent by Samd May 28, 2019 9:07PM
  • Hi there, I only have 1 employee (myself) on payroll on a salary so was wondering if there is a way to just set Payroll to automatically be approved and paid on the day it is due? Thanks
    jacsbuchanan 24 views 4 comments Most recent by jbibla May 21, 2019 7:01PM
  • I have read all the other 401k posts available - BUT how does one move the payroll money to the correct account for Employee Contributions? I have added the Deduction to the Employee Record ($ every pay cycle), but not sure what's going to happen next and how to actually acquire the funds to move them.
    tmsprojectconsulting 14 views 3 comments Most recent by Mikeg May 20, 2019 6:36PM
  • Hello, Wave just updated, and now my payroll journal is doubling the payroll liabilities. Scenario: Run Payroll Creates Journal Entries One of the Journal Entries is a Payroll Liability Credit (Total net pay owing to employees) Let's say $5000 Additional Payroll Liability is created 'Payroll period ending' Withdrawing from 'Cash on …
    quickbike 84 views 8 comments Most recent by SpokaneFiberClean May 13, 2019 11:57PM
  • I have a seasonal business and so I suspend my Payroll in my off-season. However, I can't seem to figure out how to re-activate Direct Deposit: help? Thanks, Melissa
    SaferCyclingCalgary 8 views 5 comments Most recent by Zoe_caff May 13, 2019 3:31PM
  • Hello, Wave is really a great tool. Good job guys! Quick question - Is there a plan to launch Full Payroll in New Jersey any time soon? Thanks, Isaac
    tzahico 19 views 2 comments Most recent by tzahico May 7, 2019 11:26PM
  • I'm not signed up for Payroll yet because I only have contractors and that piece just opened up for Wave. But, I'm considering moving my 1099 payments over from Square to Wave now. How long does it take for money to be direct deposited into my contractor's account? (Same day, 2 days, 1 week...)
    YGFAndrea 37 views 10 comments Most recent by SpokaneFiberClean April 16, 2019 7:03AM
  • What is this... accounting software that can't even manually set transaction record when we pay ourselves manually.
    hoho86 26 views 1 comment Most recent by JamieD April 15, 2019 9:13PM
  • Is there a way to pay my 1099 contractors by piece/service? I invoice them by pieces assembled or service conducted. I would love to be able to pull an invoice and see what their payroll by the invoice would be?
    nofd1236 23 views 3 comments Most recent by JamieD March 18, 2019 11:13PM
  • Hi there, my business is setup as an LLC. I want to start paying myself payroll for the first time (no other employees) and am setting that up in Wave. Do you know if I need to separately file a DE 34 Report of New Employee with the California EDD or if that is handled by Wave tax filing? Thanks!
    jacsbuchanan 16 views 2 comments Most recent by jacsbuchanan March 15, 2019 3:18AM
  • I have followed instructions trying to change the Federal Tax Allowances on the Federal Tax Details screen. Each time I make the change and save, it reverts back to the previously saved entry. I would like to update this asap before running my next payroll. Please advise.
    directr Closed 16 views 1 comment Most recent by Samd February 21, 2019 6:29PM
  • I am trying to figure out how to enter the outstanding amount I owe for payroll remittances in my transactions so they appear correctly on my balance sheet. They are paid in 2019 but accrued from 2018. Any advice or suggestions?
    Stacey_Zoey 11 views 1 comment Most recent by JamieD February 19, 2019 7:15PM
  • I have three employees however the one employee is paid a different day than the other two, so the payroll doesn't match my pay stubs. When I change the payday it changes for everyone. Is there a way to change it for just the one employee?
    Happydays 17 views 1 comment Most recent by JamieD February 14, 2019 4:46PM
  • New Wave fellow here. I am setting up an employee to use wave at customer service counter. I want that employee to create an estimate and invoice, plus log in his hours worked in the time sheets. Please help. Thanks.
    xcel 8 views 2 comments Most recent by Siobhan_Hitchmough February 12, 2019 5:30PM
  • I have been using Wave for 5 years now as a sole proprietor. However as of January 1st, 2019 I became a single member LLC. I use the LLC as a pass through. Here is my dilemma. Facts * I have 10 customers that pay me a monthly fee * I have 6 simple monthly business expenses * I take income - minus monthly business expenses = taxable inco…
    mlzorko 57 views 4 comments Most recent by Mikeg February 11, 2019 8:36PM
  • I am trying to edit a approved payroll so I can redo it but the delete button is greyed out. How do I do this?
    Schultzie83 36 views 0 comments Started by Schultzie83 January 29, 2019 4:16AM
  • I am trying to verify that Wave handles payroll for employees in different states. I have employees in NC and Mississippi. Before I try to put in my employees to adopt this program I am trying verify that it will do this
    dbarb3 6 views 0 comments Started by dbarb3 January 24, 2019 3:47PM
  • Hello How would I process a retro pay in a past tax year via Wave? Situation: My Year end in August 31, accountant finalizes by tax submission in October. States I need to take a small salary since it would cost less to pay CPP than pay taxes on it. I can't figure out how to do this via the payroll portion of Wave so I do a journal entry, assu…
    lorrainek 22 views 0 comments Started by lorrainek January 23, 2019 10:24PM
  • Hi Guys, Anyone have any idea how to manually print out 1099 tax forms without overlapping the red grid that downloads when you select the contractor.
    saraelford 25 views 1 comment Most recent by saraelford January 18, 2019 8:41PM
  • Hello, is it possible for me to do a quartlery or even a yearly payorll? I am a one person S corp and dont pay myself that often. I used to be able to do this with QB desktop version at least from waht i recall ( been a few years of hiatus of using the biz). Dont see an iption for that in Wave? Should i be looking elsewhere or doing the payroll ma…
    puggal 31 views 1 comment Most recent by BenRajabi January 17, 2019 11:46PM
  • I need urgent help regarding payroll for Breakthrough Academy. Somehow I did not approve payroll after I did it for Dec. 31. We have 18 employees and it is very important to pay them on time. How can I run a payroll through Wave, so that I pay net pay to employees through RBC pay employee directly on their account. Wave still should pay remittance…
    Violeta 28 views 1 comment Most recent by Ryan_W December 31, 2018 8:11PM
  • My employee should get paid today because we started Direct Deposit. Why has it not happened yet? It's December 31st. ~ Regsong
    Regsong 16 views 0 comments Started by Regsong December 31, 2018 7:10PM
  • Does anyone know of any way to run an additional payroll, once my monthly payroll has been processed? I Ran and Approved/Posted December payroll last week. Later I realized I have some Employee Benefits (Medical Insurance premium payments) that I need to record through payroll (so they appear on my W-2). It looks like Wave has the option to rec…
    DaveM 30 views 1 comment Most recent by Samd December 26, 2018 4:39PM
  • I'm a self-employed contractor who uses WaveApps to issue my invoices. My new employer deducts CPP/QPP and EI from my invoices before the total payment. My question is, what is the best way to include these items in an invoice inside WaveApps? P.S. I'm not sure if CPP/QPP and EI are calculated based on some percentage of the invoice total or wh…
    Mehran 7 views 0 comments Started by Mehran December 20, 2018 1:15AM
  • I got this Phishy email and wondering if it is real. I didn't click on any link but came to the Setting page here and there is no such thing. "The tax information we have on file in your Payments by Wave account was not recognized by the IRS." etc. etc. The only thing similar searching Tax ID takes us to something to do with Payroll - which…
    KEphoto 35 views 2 comments Most recent by Samd December 12, 2018 8:01PM
  • Does wave allow for check printing for employees?
    BHCNR 128 views 1 comment Most recent by JamieD November 5, 2018 9:18PM
  • JABJAB
    I am an employer in Texas. Do i have to set up payroll for the full service or can i just sign up for the self service?
    JAB 5 views 1 comment Most recent by JamieD November 5, 2018 8:04PM
  • Hi! We have been using Wave for a couple of years, but just started using Wave Payroll a few months ago. Is there a way to automatically create the payroll journal entry and have it post to the GL?
    Mrs_Taylor 55 views 0 comments Started by Mrs_Taylor October 31, 2018 3:22AM
  • I had to let my one employee go. His final DD payment is still pending. I don't intend to hire anyone else for quite some time. How can I properly shut-down my payroll? Any tips on properly shutting down my tax liabilities regarding this are bonus points! Thank You.
    br1ckhouse 4 views 1 comment Most recent by Michelle_A October 12, 2018 6:46PM
  • so i put in the wrong unemployment tax rate in payroll by a factor of 100... and i cant figure out how to update it. I reached out to wave support and other than an email acknowledging the request, i have heard nothing. can anyone here help me?
    happybill 6 views 1 comment Most recent by Michelle_A October 9, 2018 4:12PM