Wave Discussion
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Discussion List
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I find these gratuitous limitations irritating. Why would Wave block the ability to change account type for cash / bank? Suppose a bank account is restricted for some reason (say, guarantee on a bond) and I no longer want to show it as a liquid asset. I can't change this because Wave think it knows all the answers.
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I recently invested in a real estate debt from one of my investment accounts. How do I enter this into my books?
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Just started using Wave. Successfully connected AMEX and all transactions imported without a problem. Successfully connected bank accounts and the two I need to synch have the toggle ON for 'Automatically import transactions into accounting'. However, it's been an hour and nothing has come over. Am I suppose to wait days? Or is there a proble…
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i want to ask that if an outsider want to invest in my company so in what account i will add the cash of that investor and how will it be balanaced.
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WAVE, Develop your own bank connections first! The WaveApp's weakest and most annoying deficiency is bank imports. Capital One does not import, Hancock Bank, does not import, Chase is two-three days behind with the 'new' integrator. STOP and fix what features you have that are broken! Please. The bank connector company needs to add to their c…
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I would love to hear from others, it seems that every time someone posts things that would make Wave more useful...someone from the Wave Team replies..."Hey, that would be a great feature, We currently don't offer that but I will bring it up with our team" Some of these great member suggestions have been asked as far back as 2018!!! I ge…
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I am migrating all of my documents into Wave from old book keeping software. I have a huge collection of PDF and JPG images of my receipts. Is there a way to bulk upload these files on the receipt upload page? I can't seem to drag and drop one or multiple files onto the page, copy and pasting only does one at a time, and when I click the "Upl…
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Hi I just noticed that the last time my accounts were updated was about 4 weeks ago in Wave. I also don't see the balance any longer like I used to on the dashboard. Where is that balance now located and how can I force Wave to update my account? THANKS!
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If I made some revenue and I want to start allocating a % of that to a taxes account. What's the best way to do the journal entries to build up the savings so I can pay them quarterly?
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I'm looking to properly categorize the tax credit advance that I received from Mainstreet. Any ideas how to proceed?
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I'm confused about how I should handle Sales Tax in Wave. What's the process?
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Hi, I'm new to Wave and accidentally added 2 credit card accounts that I don't use. I have several accounts with this bank so don't want to delete the bank. There are no transactions imported for these cards and I have the toggle off for both but they are still showing under transactions, credit cards list. Can I delete them?
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Hi, We are acting as a payment collection agent and get the suppliers sell to the customers. So, there is a manufacturer, final payer and my company as an agent. how we do, Let's say my customer orders some goods through my service. The total amount to be paid is $1000. The actual invoice created by the manufacturer to the final payer. I colle…
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Why only a portion of the income that is entered shows up on the P&L Report?
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In this scenario, there are 3 companies: 1. Manufacturer 2. Agent 3. End user/final payer Manufacturer is not licenced to sell in the end user's geography, so bills End User through Agent (which holds appropriate licence to sell). Example: * End user invoiced $100 by agent * End User pays $100 to Agent, for which the Agent earns $30 commission * …
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I purchased an investment property in 2019 and sold if in 2020 after putting over six figures improvements in it. I captured the purchase and improvement costs in an asset account but do not know what transactions to use to account for the sale of the property correctly so the income reflects on my Profit/Loss statement and I properly reconcile t…
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Hi-- I have been using Wave for a couple of years. It is exactly what I was looking for. I just wanted to make a post as I have seen a few people making suggestions as they would like it more like Quickbooks. I have used Quick books , which is a great product if that is what you are looking for. I use Wave because Quickbooks is NOT what I am l…
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Hello, everybody! I am really happy to be there and wanna share with you some great information. I opened for myself a new hobby which makes me happy and this is cooking. On quarantine, I'm trying to make something new everyday and searching new cooking ideas from books and websites. Actually, my favorite is https://recipes.cafe/en which contai…
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Hello, I'm from India and I only use the basic transaction entries feature along with basic P&L and Balance Sheet reports. I don't need any Reconciliation/Payroll or such features. So, after the recent announcement of Wave only serving users from US and Canada, I'm wondering if I can still continue to use Wave in the future. I've tried more…
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Not sure why I received this email from WAVE. I use the software everyday for 2 businesses almost every day. Could this be a scam? " Thanks for giving Wave a try. Since you haven't logged in for several months, we're required to stop sending emails to you at this email address. This will be the last email you receive from us unless you con…
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I'd like to close and delete my wave account and start fresh with a new account..will I still be able to immediately connect my same bank account with a new wave account?
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Hi everyone, I am an accountant wanting to use WAVE for churches - this way I can offer low-cost service to those small churches that cannot afford a full-service accountant. Is this a good platform and can I make as many business accounts (churches) as I need in my account? Thanks Craig
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1, Accounting, Transactions- scroll bar on right -entry area is too thin and hard to click on - Make the scroll bar wider - or - When you hover, widen the scroll bar like Gmail 2. the entry area doesn't fit on the screen, so you have to scroll up and down to make a entry - very difficult. - Remove the dead space on top of the screen - or - Make t…
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Evening. We are currently running an alternative financial services company and have signed up to use wave apps for accounting purposes. I need guidance on 1. Is wave apps suitable for use with this type of business 2. Not really sure how we will account for loan transactions, loan repayments etc on the solution. Looking forward to your input …
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My last transaction of $11,000 is now on hold and I have no insight into when I can access this money. This never happened before. How can I find out what is going on?
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created a liability account under customer prepayment, and while recording the transaction i have added the customer to the category(above created account), in spite of this, the transaction is not showed in the Customer Statement - Account Activity, for the respective customer.
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Hi there, An old chestnut here but one that is far more relevant now given that so much more products are being sent by courier or post. Have wave given anymore thought to developing a delivery note function.
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How can I categorize a deposit transfer to one of my accounts from a bank account that cannot be linked to my Wave? The funds were transferred to me from an bank account which does not belong to me or my business, hence my inability to link it in Wave and represent it as the source from which the funds came from in the transfer. The funds transfer…
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I'm looking to open a small business checking account for a business I'm starting. Which banks integrate best with Wave? Anyone have experience with Novo, Aslo, BlueVine or Radius Bank? I don't plan on much cash usage so would prefer to be 100% digital and online. Thanks in advance for any recommendations.
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Hi. I have a stack of refunds and at least for a couple of them that are within 90days, the refund option isn't available? I find the refunding of sales enormously tiresome and pathetic in this app. I love it for everything else, but its so asinine in its design. Also asking random strangers to access my acocunt to issue refunds form greater tha…
