Using Wave

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Discussion List

  • I take in multiple checks during the day and make one deposit to the bank. Do I simply post the checks to an undeposited cash (type) account and then do a transfer to record the single deposit or is there a better way? Thanks
    JanfromEarth 20 views 3 comments Most recent by JordanD May 11, 2020 4:07PM
  • HI, using waveconnect, successfully importing the data but the date is 1 day earlier. is there a problem with waveconnect ? try 2019/12/16 and 2019-12-16 turn up after importing is 2019-12-15 on my waveapp transaction ?
    AussieAussie 16 views 1 comment Most recent by BarsinA May 8, 2020 9:02PM
  • Thanks for Waveapps to create such a wonderful app I have got a question in relate to this. I am an old user of Waveapps, and recently back into waveapps with its new interface. FINAL OUTPUT I want to import my "PAST OLD" square transactions to waveapps and reconcile / match it to the bank payments, without doubling the income and taxe…
    AussieAussie 37 views 1 comment Most recent by BarsinA May 8, 2020 3:47PM
  • Our customers pay for delivery. We therefor use refunds for Shipping & Delivery Income so the account shows zero. How do we then credit the Postage & Delivery expense account that is used for delivery bills so that it also show zero? I hope this makes sense.
    MrsODonoghue 36 views 5 comments Most recent by BarsinA May 7, 2020 6:35PM
  • Hi, I'm hoping this is an easy questions but I'm new to this accounting stuff I bought an asset (a website) back in Feb 2019. I made a number of payments over time to purchase the asset through: 1. Personal funds (the deposit and a couple of payments came from my personal bank account) 2. Funds from the business. I spoke to my accountant who sa…
    Lt1014 22 views 3 comments Most recent by ConnorM April 27, 2020 6:59PM
  • Newbie question: how can I go about syncing with Square to get raw sales values, prior to the 2.75% Square processing fee? As is, I only import my bank info, which includes the deposit from Square. This artificially lowers my sales figures by 2.75%, and I'm not sure how to fix this. Any advice on this?
    HCTR 85 views 5 comments Most recent by ConnorM April 24, 2020 6:39PM
  • In the past have been able to export en entire list of all invoices I have issued and this was part of the data export function. But this year I cannot find this data. How can I still get a record of all invoices issued? Thanks in advance for any help.
    Pixelfix 20 views 1 comment Most recent by JessG April 23, 2020 7:21PM
  • Hi All, fairly new to Wave and was wondering if there is a way to show which items are taxed which tax on a line per line basis rather than it just being totally at the bottom. Not all items I invoice are taxed both the GST and PST, some only GST. Customers want to see what taxes they are paying for what items. Any help is appreciated!
    Christine_Friend2020 26 views 1 comment Most recent by BarsinA April 17, 2020 8:30PM
  • Hi, Each time I log into I get a warning that my browser version (Firefox 68) is no longer supported. But I'm on Firefox 74.0, Mac OS Catalina. Can I dismiss this warning message for good?
    TLCINC_18 19 views 5 comments Most recent by TLCINC_18 April 14, 2020 7:40PM
  • Hello! Sorry, for this question. I am new here. I received a VAT refund in March. How can I treat it? Or, generally, how do we handle VAT and Tax payments or refunds. I tried the Transactions menu for the VAT refund. Under description I wrote VAT REFUND, I entered the amount, selected deposit, but what next? I could not fund the correspondent acco…
    Leonidas 19 views 1 comment Most recent by BarsinA April 13, 2020 6:30PM
  • I am from Pakistan, a country bordering with India & china. I have been using waveapps. I have a complaint. The transaction entered data entered in waveapps was from 2008 to 2019. But now its not available whenever I tried to generate report. my user ID is [email protected]
    Kamil 13 views 1 comment Most recent by BarsinA April 10, 2020 6:22PM
  • I am seeing an online scheduled payment (in green) for credit card and actual payment from checking (black) How do I reconcile these two transactions?
    Songahm 22 views 3 comments Most recent by BarsinA April 10, 2020 3:48PM
  • Hi everyone. I'm new here and have a question about how to enter short term securities into Wave. The nature of my business is purely active trading of securities (stocks, bonds, futures, forex, Nadex, etc). I'm in and out of the transactions anywhere from 1 day to a couple of months at the most. I do my trading in a TD Ameritrade account. I'…
    n0stress4me 40 views 2 comments Most recent by Kristian_G April 9, 2020 7:37PM
  • BC provides a small commission for collecting the PST and remitting to the government. So far Wave is recording the tax collected on the governments behalf on my sales and any payments I have made to the government. I end up with a balance owing to the government at the end of the year which is the amount allowed for this commission. How do I m…
    Joyce_Dave2125 37 views 2 comments Most recent by Joyce_Dave2125 April 8, 2020 10:22PM
  • My business is 5 residential properties, 3 of which are seasonal weekly vacation rentals and the other two monthly annual rentals.  Additionally, my wife and I each have [very] limited consulting practices. WE need to able to assign individual expense items and revenue payments to particular properties and or clients.  I CANNOT figure out how to …
    WolkDev 14 views 0 comments Started by WolkDev April 8, 2020 3:57PM
  • Hello: I set up WAVE to send late reminders at 3 days past due. WAVE sent the reminders 1 day past due. I wanted to give a few days for checks to come in the mail. What did I do wrong?
    bwe_hoa1 14 views 1 comment Most recent by bwe_hoa1 April 1, 2020 3:07PM
  • Hi everyone! I have a question on Payment by Wave. By default, if a customer pay via Wave payment, the customer receipt will be recorded to the bank account "Payment by Wave". Where can I change the settings of the bank account? I would like to change it to my "Checking Account" instead. Thanks.
    NutsAccounting 25 views 2 comments Most recent by mrkevn March 30, 2020 7:47PM
  • Sorry for what may be a crazy question (I'm not an Accountant on purpose). I have a one person consulting business and I often have expenses that I incur long before my invoices are paid. I'm living on a shoestring while I'm building so I don't have enough cash onhand to cover the expenses until I get paid. I have a business Checking account con…
    Bob_BCIndustries 24 views 1 comment Most recent by ConnorM March 30, 2020 5:43PM
  • I am adding new Chart of Account code, and I realized the sort order is on the name and not on the account id. Is it possible to sort on the account ID?
    NawaidAusaf 21 views 1 comment Most recent by BarsinA March 26, 2020 5:03PM
  • Can I itemize a receipt so each item can be categorized separately?
    abowman1988 22 views 3 comments Most recent by BarsinA March 25, 2020 2:10PM
  • (Image) When I was turning into increased in the ‘90s, I never ever possibly may have envisioned I could get paid to play video games. And the moment no game-testers acquire a crack, we may fascination ourselves in many form of portable or Pc games, right? Our game testers are unable to do this any longer - a single in the class points out exact…
    gameprofit22 41 views 0 comments Started by gameprofit22 March 24, 2020 2:09PM
  • Hi I have a few expenses that I still pay for myself. So I create journal entries for each expense (debiting the expense account and crediting the following equity account: Owner Investment / Drawing account). Here is what I am not 100% sure about: The Owner Investment / Drawing account equity account is under Retained Earnings, instead of und…
    generalinq 58 views 5 comments Most recent by EmmaP March 19, 2020 7:50PM
  • How can I reconcile credit card payments appearing on bank statement with the invoice that it is for?. All I see on my bank statement, for example, is TRF 9PL6Z5QY I can not find that reference in either Stripe or Wave
    Polanz 20 views 1 comment Most recent by ConnorM March 18, 2020 5:26PM
  • We help students get into college. And on the side we volunteer and donate money to Youth In Government. So now that I got my donation receipt, how do I record it in Wave Accounting -- would it be an "expense"? If so, what is the "category" I should use? Lastly, how does Wave help me at the end of the year when I have to do my …
    Mariano 20 views 3 comments Most recent by Mikeg March 18, 2020 12:10AM
  • Dear team, I use Picktime application which is free for the appointments with my students. I would like to know if we can synchronise both applications which could be brilliant.
    Star_121_Coaching 28 views 1 comment Most recent by ConnorM March 12, 2020 3:05PM
    Is there a way to export transactions linked to a customer? I set up our donors as customers and linked them to their donation in accounting transactions. At year end I'd like to send them each a report for tax purposes.
    SYC 17 views 2 comments Most recent by SYC March 10, 2020 5:42AM
  • Hi, I just incorporated my business and spent my own cash to pay the lawyer to get things set up (Corporate registration etc) How do I enter that money into the transactions to show as an owner investment?
    Eric14 22 views 2 comments Most recent by Eric14 March 10, 2020 4:30AM
  • Hi, Absolutely brand-spanking new to Wave and not yet used it for invoicing, so still got much to explore. Just wondering if it is possible to issue invoices after you've received payment? I receive a small but regular sum each month for video lessons. This means I am paid per every minute watched by my students and therefore do not know how much …
    Smithy 22 views 1 comment Most recent by JordanD March 9, 2020 9:46PM
  • I have a few cards which do this, and have been the bane of my existence ever since I started using Wave. Let's say the statement ending date is 2/18/20. There will be a handful of transactions from 2/17 and 2/18 which are not included in the statement, presumably because they download with the transaction date but the statement is determined by…
    janineanne 47 views 1 comment Most recent by JordanD March 9, 2020 8:17PM
  • How do I adjust off the bank fees for the foreign currency conversion? I go to record payment against my invoice in the invoice screen, but I can't adjust off that niggly amount....
    jtaylorvo 25 views 1 comment Most recent by EmmaP March 9, 2020 3:14PM