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Discussion List

  • Hi, I wonder if anyone could help, Wave does not seem to calculate my realized or unrealized gains on foreign exchange, I invoice in multiple currencies and also have bank accounts in those currencies, my base currency is GBP? I also use a commercial software package which accounts for realized or unrealized gains on foreign exchange correctly. W…
    mic294 14 views 0 comments Started by mic294 September 22, 2020 4:42PM Accounting Technical Support
  • Update - April 30, 2020: In February, we let you know that your Wave account cannot be updated to the new version of Wave Accounting and that your account would close on May 31. August 31, 2020, is the new closure deadline for your account. Before this date, you’ll need to open a new Wave account and move your data. We will reach out again befor…
    BenRajabi Closed 784 views 31 comments Most recent by AlexL September 22, 2020 4:40PMUpgraded Accounting Experience
  • (Image) Introduction to the transactions pageThe Transactions page is where all of your transactions live. You can create, filter, sort, and edit your transactions here. Take a moment to check out everything you can do. From the Transactions... Read the full story here
    System 7.4K views 70 comments Most recent by Barsin September 22, 2020 4:33PMHelp Center Discussion
  • (Image) Foreign Currency Invoices and BillsIf your business issues invoices or makes purchases in a foreign currency, Wave will automatically keep track of how these values convert to your business currency to keep your bookkeeping accurate... Read the full story here
    System 2.8K views 40 comments Most recent by Barsin September 22, 2020 4:29PMHelp Center Discussion
  • (Image) Welcome to Wave PayrollWelcome to Wave Payroll! We know brave entrepreneurs like you are incredibly busy, so we've simplified the process of paying your employees. We've also created this getting started guide to help wa... Read the full story here
    System 951 views 4 comments Most recent by Barsin September 22, 2020 4:23PMHelp Center Discussion
  • (Image) Understanding your new & improved chart of accountsWhen you navigate to your Chart of Accounts page, you’ll notice that it has received a serious facelift. We’ve upgraded and reorganized to make navigation more friendly and easier to understand. On... Read the full story here
    System 13.8K views 98 comments Most recent by A_Train September 22, 2020 4:15PMHelp Center Discussion
  • (Image) How to set up an invoice reminderAn invoice reminder is an automatic email message to remind your customer that an invoice is coming due or that it is overdue. This is a great way to stay on top of reminding your customers that yo... Read the full story here
    System 6.7K views 120 comments Most recent by Barsin September 22, 2020 4:08PMHelp Center Discussion
  • How does one account for any investments (Stocks, ETFs, etc) that your business has within wave?
    The920 12 views 3 comments Most recent by Barsin September 22, 2020 2:41PMHelp Center Discussion
  • (Image) Tax services with WavePayroll by Wave offers an additional Tax Service for several states within the US. With this service, Wave can pay and file your state and federal taxes when you activate your Payroll account. All ... Read the full story here
    System 11.5K views 37 comments Most recent by Barsin September 22, 2020 2:38PMHelp Center Discussion
  • (Image) How do I turn off bank payments?You can turn off or change the availability of bank payments for invoices at any time. Wave allows you to adjust your settings around bank payments and customize your invoices to your liking. You h... Read the full story here
    System 691 views 18 comments Most recent by neilba September 22, 2020 1:53PMHelp Center Discussion
  • (Image) All about automatically categorizing transactionsOops! Looks like this content is meant for a different version of our accounting application. Head back to the Help Centre home page to search another topic or check out the related articles on the... Read the full story here
    System 12K views 128 comments Most recent by tbalmer September 22, 2020 1:00PMHelp Center Discussion
  • Hi I received a message from Wave saying that I needed to fix my accounts as I have tax amounts added to my liability accounts. I created a separate Liability account instead of using Wave's Bill format for each of my suppliers - and I track all invoices, receipts and payments against that account. Vat is added to all those transactions. So if I…
    CamJustCam 4 views 0 comments Started by CamJustCam September 22, 2020 11:24AM Using Wave
  • If I owe $10,000 in federal/provincial tax (in Canada this is a non-operating expense) how do I record the payment? There doesn't seem to be a way to set up an non-operations expense category.
    SandyL 935 views 18 comments Most recent by Strateege September 22, 2020 10:17AMAccounting Technical Support
  • Hi, I've contacted Wave several times over the last week and had no response. I'm hoping someone can respond here. I had a business setup in Wave when I was operating as a sole trader. I accepted credit card payments through Stripe. When I changed to a different business structure earlier this month, I needed to accept credit card payments ther…
    NicolaSmith 12 views 0 comments Started by NicolaSmith September 22, 2020 9:09AM General Discussion
  • (Image) Checkout by Wave: An easy, professional way to get paid up frontDo you want to get paid for a service or product you offer, without needing to create an invoice every time? Checkout does just that! You can probably think of lots of situations where it makes sen... Read the full story here
    System 6.9K views 84 comments Most recent by CMA_Akta_Kariya September 22, 2020 1:44AMHelp Center Discussion
  • (Image) Accounting made easySome people call it “accounting.” Some call it “bookkeeping.” Whatever you call it, we’ve created a way for you to get the job done – no technical knowledge or training required. When you look at a... Read the full story here
    System 6.3K views 16 comments Most recent by AnthonyPE September 22, 2020 1:25AMHelp Center Discussion
  • Noticed a required field under Employee Tax Details - "NRA Exemption Amount" * What is expected to be added in this field? * Does this apply for Employees who are US Citizens?
    olllllllo 19 views 1 comment Most recent by SPSC_Treasurer September 22, 2020 1:21AMPayroll & Employees Technical Support
  • (Image) How to view, edit, or delete an invoiceIt's easy to view, edit or delete an Invoice. Whichever you need to do, it starts with clicking on Invoices in the menu at the left side of your screen... To view an invoice: Find the invoice you ... Read the full story here
    System 9.6K views 39 comments Most recent by _Derek_ September 22, 2020 1:00AMHelp Center Discussion
  • (Image) How sales tax works in WaveThis article explains how sales tax works in Wave, and how to record sales tax activity. How is sales tax tracked? When you create a sales tax, Wave automatically creates a sales tax liability acco... Read the full story here
    System 1.7K views 17 comments Most recent by EliezerJeremias September 22, 2020 12:08AMHelp Center Discussion
  • (Image) Payments (Credit Cards)One of the most popular features in your Wave account is the ability to accept credit card payments on the invoices you send. What makes it so awesome? Invoices get paid in 2 days or less, on aver... Read the full story here
    System 12.2K views 65 comments Most recent by Barsin September 21, 2020 7:48PMHelp Center Discussion
  • Is there a way to lock past year accounts after they have been closed to prevent unauthorised changes?
    stephencheah 183 views 7 comments Most recent by ViveanReady September 21, 2020 7:46PMAccounting Technical Support
  • (Image) How long until I get paid?IMPORTANT: Wave's Bank Payments service is currently available to businesses located in the US and Canada only. "Here comes the money!" If it sometimes feels like "the check'scheque'... Read the full story here
    System 6.9K views 61 comments Most recent by Barsin September 21, 2020 7:44PMHelp Center Discussion
  • Why is this not on the top of the priority list? I've been asking for YEARS! Come one Wave! It's card to run a service company with recurring invoices due on the first of each month when nothing is there to make that happen.
    trav2001 10 views 5 comments Most recent by Barsin September 21, 2020 7:37PMSales & Invoicing Feature Ideas
  • (Image) Set up Wave to remit taxes to the CRA on your behalfThis article is for Payroll by Wave in Canada. It's nice to not have to worry about payroll tax!  Follow the steps below to set up Wave to remit taxes for payroll on your behalf. Before you begin, ... Read the full story here
    System 2.6K views 4 comments Most recent by Barsin September 21, 2020 7:30PMHelp Center Discussion
  • (Image) Upload bank and credit card statementsIf you don't want to connect your bank or credit card to Wave, or if your bank isn't among the 10,000 financial institutions that Wave supports, uploading your statements is a great way to avoid th... Read the full story here
    System 17.1K views 118 comments Most recent by Barsin September 21, 2020 7:22PMHelp Center Discussion
  • JMKJMK
    for some reason the balance that has integrated does not match the wave balance but the wave balance is the same as my paper copy of my bank statement. The difference is the exact amount of a cheque. I tried deleting the cheque but that didn't work Need to resolve this as this was back in April and I can't reconcile any statements after April
    JMK 8 views 1 comment Most recent by Barsin September 21, 2020 7:17PMAccounting Technical Support
  • Hello, I currently use my personal credit card to make business purchases which my corp later reimburses me for. Is it better to include all transactions from my credit card on wave and categorize them according to business VS personal or should I only post transactions that are of a business nature? Regards,
    Noobie 13 views 1 comment Most recent by Barsin September 21, 2020 7:11PMAccounting Technical Support
  • Been looking through the options on wave. However, we are looking at a way to add dates to the data input on charges. We charge clients over consecutive days as they do activities and apart from adding the date manually in the 'description' we don't see any other option. Is there a way of doing this automatically? Is this something that may be …
    Elmohs 81 views 13 comments Most recent by FischerDes September 21, 2020 7:09PMSales & Invoicing Feature Ideas
  • How can we budget monthly business expenses and track the budgeted versus actual expenses in wave system?
    ADDS 32 views 6 comments Most recent by J1111111111111 September 21, 2020 6:10PMAccounting Technical Support