Using Wave

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Discussion List

  • In order to have good record-keeping I feel I need to add a Vendor to each transaction. However, since adding the Vendor is an additional step and slows down data entry, I am wondering If I should stop using the add vendor feature and only use it for important Vendors. Would be nice if the vendor could show up in-line with the rest of the transact…
    tekfranz 31 views 6 comments Most recent by smhondl June 6, 2019 7:07PM
  • hi. how do i change the options under receipts ? there is no options of expenditure in the farm profile that allows you to allocate expense to packaging. is there a way to create a new allocation? i need a packaging choice for expenses under receipts for a farm profile.
    koekwe_farm21 2 views 1 comment Most recent by JamieD June 4, 2019 7:10PM
  • I use my personal visa/bank accounts or cash to pay for business transactions. What is the best way to account for these in Wave? All expenses need to be repaid to our family account as this is where the above visa accounts are paid from. Any help greatly appreciated. Just spent half a day uploading receipts for April/May and now think I've done i…
    VicPicMark 44 views 1 comment Most recent by JamieD June 4, 2019 4:58PM
  • I am trying to create the transactions that it takes to account for giving away a free sample.. Cost to buy is $100. usual retail is $200. I gave away a free unit. I want to expense $100 against advertising what is the other half of the accounting entry in my WAVE accounts? Recommendations? Best practice?
    Camander 12 views 3 comments Most recent by Mikeg June 4, 2019 1:56PM
  • Hi all. I am a new consultant that just incorporated and I recently started a contract with a client. I am new to being a business owner and know nothing about accounting. I'd like to list off what I'm going to be doing and I hope someone can tell me if Wave can take care of these items. 1) I know that Wave can connect to my Business Bank Accou…
    BrianH 31 views 3 comments Most recent by AlexL May 31, 2019 4:04PM
  • Hi, I have been using wave for a few years. I would like to be able to see categories in transactions for items i have invoiced. I can see from a recent post from wave, how to attach a category for the items, but can not work out how i can do this for the past items. Thanks tim
    pambulabeach 11 views 1 comment Most recent by AlexL May 31, 2019 3:42PM
  • Apologies if this has already been discussed before but I am running out of time to get this sorted. Prior to the upgrade on 31 January 2019, when a payment was made created by the Wave System, it would show in the bank in full, including the merchant fee. Then, about 10 days later when the actual payment was received, it was net of the merchant…
    Dollydink01 12 views 4 comments Most recent by Samd May 14, 2019 3:46PM
  • Thank you, I've been switching owners and emails around my businesses and everything worked as expected, although I was a bit puzzled in the beginning, it still was an intuitive process, I did find my way around "owners" "administrators" connected stuff, etc. It went smoothly, and I am very very picky and hard to please. Thank…
    KaPo 11 views 1 comment Most recent by ZoeC May 13, 2019 6:12PM
  • I own several properties, how to enter individual properties in wave so that I can track expanse and income.
    mikemalik 11 views 1 comment Most recent by Mikeg May 12, 2019 11:57PM
  • any tips about how to go about switching to wave? no employees, just handful of independent contractors 1-when should i switch over (jan. 1?) 2-would i need to import all transactions or can i use account statements (for example, some months I may have well over 100 credit card transactions via stripe (income and fees) 3-i have a few outstanding …
    cascade 34 views 5 comments Most recent by Mikeg May 7, 2019 12:02AM
  • Hope someone can help. Im trying to download a report to excel but everytime I do it comes up with an error report on excel. When I try and download a different report it works fine so I think it much be a particular issue with that file but don't know how to fix it!
    katiep 1 view 1 comment Most recent by Samd May 3, 2019 7:30PM
  • I was wondering if Wave has a payment schedule option. I create websites and i ask for a percentage of the payment to be made on various dates but am unable to find any way to mark this on the invoice.
    Elusive_Dream_Design 46 views 4 comments Most recent by Elusive_Dream_Design April 27, 2019 1:34AM
  • Do banks charge fees for connecting to Wave? Specifically Chase and Wells Fargo?
    jjldj 11 views 3 comments Most recent by Mikeg April 26, 2019 5:57PM
  • Hi is there a way to issue a remittance advice for payments made to suppliers that will list the invoices being paid and a total amount? Fiona
    Fionag 62 views 2 comments Most recent by Fionag April 26, 2019 12:48AM
  • I bulk edited the category on a bunch of income transactions and now my profit loss report figures are way off correct - can I undo?
    leisa 11 views 2 comments Most recent by Charlotte April 23, 2019 3:16PM
  • I have a problem making adjustments to the exchange gain and loss accounts to correct the equity accounts. Any suggestions
    barbarabritto 1 view 1 comment Most recent by Ryan_W April 22, 2019 10:03PM
  • Hi again ... why is there not option (or how do you) split percentage of personal to business ... as is allowable expenses in the UK?
    shadow 13 views 1 comment Most recent by James_Hudson April 19, 2019 8:19PM
  • website is SOOO SLOW!
    shadow 1 view 1 comment Most recent by ZoeC April 19, 2019 7:14PM
  • We are looking to start using wave, but scared as it asked for my business banking login details. Not even my own bank asks for that. Neither does stripe who tells me when money passes thru. Is this real? Do you really give your most personal bank login details???
    Simon79 11 views 1 comment Most recent by Samd April 19, 2019 3:25PM
  • I am the Treasurer for a Cub Scout pack. I have each Scout's parent as a Customer with the scout's name as the account number. Some parents have 2 scouts. What this has done is create 2 Customers with the same number. (Image) * I would like to know if there is a way to pull up all the invoices that the Customer has and send them out in one e…
    scout_treas 51 views 1 comment Most recent by JamieD April 13, 2019 9:03PM
  • If I captured a lot of receipts via android Mobile app and only afterwards realised the "capture details' wasn't ticked, is there any way to get them processed automatically afterwards? Or will I need to recapture all those receipts again? If I need to recapture them all again, is there a way to bulk delete the already captured receipts? …
    Jackyah333 11 views 3 comments Most recent by Jackyah333 April 3, 2019 11:36PM
  • auto-categorize works great for expense transactions but does not work for income transactions like bank deposits. Why? Any way to turn that on?
    MichelDegive 11 views 2 comments Most recent by MichelDegive April 3, 2019 4:07PM
  • Independent Contractors, working in CA, that live out of state, are now subject to a 7% tax. This is being withheld by the hiring company upon payment of invoice. How can I incorporate this into my ledger, as the invoice amount no longer matches the payment amount. I want to be able to track this tax as well.
    desertrat75 43 views 5 comments Most recent by Mikeg March 30, 2019 4:30PM
  • Hello, I got a vacation rental agency, let me explain a few important things on how it works. We have several channels like Airbnb etc. that we use to promote and rent our properties. One of these is also our own website. We get payments either one or two installments that appear in our bank statements in different time depending the contract we…
    Giroin 46 views 1 comment Most recent by troympapa March 29, 2019 3:48AM
  • I am a retired Chartered Accountant helping a Rotary Club keep its Waveapps books in order. I assist the treasurer with certain transactions, review the transactions, ledgers and reports for inaccuracies etc. What I want to know is where can I find a comprehensive basic User Manual for Waveapps? Is thee such a thing or is there a site where I can…
    RayOdc1945 21 views 1 comment Most recent by AlexL March 25, 2019 9:20PM
  • I use wave apps to my manage my 3 family investment property. I just switched over from using quickbooks online (QBO). I found QBO to be complex for my needs and spent an inordinate amount of time trying to keep my books straight. The move was straightforward and I got up to speed quickly and accurately. Here a couple observations I had. * I acci…
    csajovic 61 views 2 comments Most recent by motorambler March 13, 2019 10:41PM
  • I'm retired, with a small hobby business... meaning it involves traditional hobby subjects (crafts), but is little more than a hobby in the IRS sense... just enough where I feel compelled to do a Schedule C for it. I'm also a brand-new-comer to Wave and accounting, trying to move away from spreadsheet accounting. So I'm a little confused about ho…
    patmat2350 41 views 2 comments Most recent by Charlotte February 12, 2019 9:39PM
  • I have a client on Wave with two businesses so I need to track both business with the same Wave account. Is there a way to differentiate the businesses in wave? If yes, can I have access to multiple buisnesses as a collaborator? And finally, can I easily navigate between collaborator businesses?
    Andre Thornton 124 views 5 comments Most recent by Jacqui_EN_2018 February 5, 2019 9:51PM
  • Hello I am a freelance marketer and have just started using Wave, so far so good. My issue lies more with the understanding of accounts than wave in itself. I charged a client for my design and print preparation of business cards and organised the print of them. I split these two up on the invoice for my design costs and the external printing cos…
    LucyHoad 31 views 4 comments Most recent by mdconsultingatl February 5, 2019 1:26AM
  • Is Wave a legitimate company?
    robertr 22 views 1 comment Most recent by JJTC January 22, 2019 1:08PM