Payroll & Employees Guidance

Discussion List

  • 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 16 views 1 comment Most recent by JamieD February 14, 2019 4:46PM
  • 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 20 views 5 comments Most recent by JamieD February 13, 2019 5:01PM
  • 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 27 views 4 comments Most recent by Mikeg February 11, 2019 8:36PM
  • 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 44 views 3 comments Most recent by Labob246 February 4, 2019 4:05AM
  • 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 14 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 7 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 14 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 20 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 26 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 23 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 15 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 24 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 8 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 31 views 2 comments Most recent by Samd December 12, 2018 8:01PM
  • Does wave allow for check printing for employees?
    BHCNR 36 views 1 comment Most recent by JamieD November 5, 2018 9:18PM
    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 7 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 36 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 3 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 4 views 1 comment Most recent by Michelle_A October 9, 2018 4:12PM
  • I use Wave to manage funded health care for my aging parents. Provincial funding covers many costs to employ caregivers including payroll processing charges. Can Wave provide actual itemized invoices for these services? My funding agency is not happy with nebulous receipts or screenshots and wants real invoices.
    David_in_Edmonton 4 views 7 comments Most recent by David_in_Edmonton September 30, 2018 12:41AM
  • Hi. Stuart here. Can some one please explain how to use wave to record paying myself. I am a sole trader and take a set amount every month but am not sure how to record it in wave.? Thanks.
    Stuartd131162 54 views 2 comments Most recent by Stuartd131162 September 25, 2018 1:10PM
  • Hi I wonder if someone can help. I've been using wave for a couple of months as a self incorporated business in Alberta, Canada. What I have been doing is paying myself $2k/bi monthly. Now I have offset a lot of this as operating expenses using CRA mileage etc. Now I have the remainder to offset. I havn't used the payroll part of wave yet, I've…
    lucki 7 views 1 comment Most recent by Alexia September 19, 2018 7:13PM
  • Hi, I connected the new account through Versapay; however, in Wave --> Settings --> Funding Account the old bank account shows up. I want to run payroll tomorrow but ensure the correct account is debited of funds. Please help. Urgent!
    Indra_Jonklaas 6 views 1 comment Most recent by Alexia August 27, 2018 4:19PM
  • If I can't use payroll because I am outside of Canada/ US what would be the best way to record wages (4 employees) along with taxes and benefits related to the wages? Is it manually through journal transactions? If it is so when we know the taxes owed but they will only be paid at a later date of when the journal transaction is made (when nett wag…
    waikiki 17 views 1 comment Most recent by Alexia August 1, 2018 5:46PM
  • I run my own business. So my question is how do i record my own salary or income in Wave in the best way? * Before i started using Wave i always did a monthly end. If i did earn money during the month i recorded this as my salary. If the company for some reason did not make any money, minus in the account. I added the money back to make the a…
    Jesper666 50 views 3 comments Most recent by Alexia July 23, 2018 3:29PM
    We just started using Wave, and the payroll services you offer. The due date for the quarterly unemployment insurance tax is 7/31 for q2. When will it get paid? Also, is it our responsibility to file the corresponding tax and wage report to the WA state Employment Security Department or do you do that too?
    VCS 4 views 1 comment Most recent by Alexia July 10, 2018 6:17PM
  • Hello Wave team, quite difficult to get a hold of you. The accumulation of 2 weeks of work has not been paid last week Thursday Juin 30 th. We are almost a week latter. My boss at Evergreen Hardwood Floors tells me that the money has left his account yet I am still waiting to get paid. Can you enlighten me please on this situation? We are now wedn…
    Eric_71 33 views 3 comments Most recent by Alexia July 4, 2018 9:17PM
  • I am used to using Surepayroll. Why is payroll cost and withdrawal amount different?
    AnnaB 12 views 1 comment Most recent by Charlotte July 2, 2018 7:04PM
  • I have an incorporated Canadian company with a sole employee - myself. I want to pay myself a salary of X dollars monthly. As per my accountant, the Gross salary would have 3 components - 1- The Net Salary - Transfer from Corporate account to Personal Bank account 2- Employee Personal Income Tax deductions - Pay to CRA through Bank Transfer…
    sanjeevnuts 107 views 1 comment Most recent by Alexia June 18, 2018 9:03PM
  • Hello! I'm wondering if anyone else is have trouble with their pay period syncing up with the time they need to approve said period. For example pay period May 26th - June 8th withdraw needs to happen june 4th therefore i need to be approving dates that have not yet passed. the only work around is to manually change the pay day. However i am…
    Sugarbomb 17 views 4 comments Most recent by BenRajabi June 18, 2018 6:09PM