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  • 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 785 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 975 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 14K views 98 comments Most recent by A_Train September 22, 2020 4:15PMHelp 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 11.6K views 37 comments Most recent by Barsin September 22, 2020 2:38PMHelp Center Discussion
  • 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 950 views 18 comments Most recent by Strateege September 22, 2020 10:17AMAccounting Technical Support
  • (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
  • I had a power surge, and when I reconnected to Wave, it show 0ver 200 invoices overdue that have been paid. How do i correct this? Am I going to have to go back and redo these payments manually? If I do this again, it is going to show way more money that I have. Also, my bank is not connected, because every other day, it will not stay connected…
    Hassiekay 7 views 1 comment Most recent by Barsin September 21, 2020 8:02PMSales & Invoicing Technical Support
  • (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 12.3K 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 184 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 7K 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 17.2K 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 14 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 33 views 6 comments Most recent by J1111111111111 September 21, 2020 6:10PMAccounting Technical Support
  • Reports > Profit & Loss Statement I noticed that the Operating Expenses are off on the P&L Statement. When checking for detailed, i've found a payment under "Unrealized Loss on Foreign Exchange". Is there a way to remove it?
    Buzuobar 12 views 1 comment Most recent by Barsin September 21, 2020 5:42PMAccounting Technical Support
  • Hi, I've uploaded a CSV file of my transactions, and am now categorizing them and adding the tax rate. However, on some transactions, I have 2 rates. Example: => The product itself: 1000€ + 5.5% of VAT => The shipping of the product: 30€ + 20% of VAT I couldn't find a way to put this correctly into wave. Anyone managed to do it ? Thanks …
    mrms 12 views 1 comment Most recent by Barsin September 21, 2020 5:32PMAccounting Technical Support
  • Hope someone can help as this is stopping us from using Wave. We need to be able to with hold 2-3% tax after adding a 7% VAT to an amount, is this possible in Wave?
    Ruddle 1.5K views 46 comments Most recent by Dedric September 21, 2020 3:38PMAccounting Technical Support
  • Hello, After being able to take around 20 photos of my receipts smoothly, the camera function no longer works. I can still access the camera function but the icon that actually takes the photo is greyed out and cannot be selected. For reference, I am on an android phone. Regards,
    Noobie 12 views 1 comment Most recent by AlexL September 21, 2020 3:16PMMobile Technical Support
  • Im a US LLC. I sell in Canada & USA. I use cash accounting. Im GST registered & remit for my Canadian sales. I had to make a $5k CAD GST "deposit" to the CRA when I registered. I made this deposit with a personal canadian card & payed it off with personal CAD funds. I then converted this $5k CAD to USD based on the monthly…
    dontworryaboutit 6 views 1 comment Most recent by AlexL September 21, 2020 2:41PMAccounting Technical Support
  • Hello, I'm new to Wave so I apologize in advance if this is a silly question but I notice that there is a difference between how Wave reports transactions on two of my credit card accounts. The first card is through my bank which is luckily one of the institutions that has the connection so everything could be imported onto this platform. The s…
    Noobie 11 views 1 comment Most recent by AlexL September 21, 2020 2:38PMAccounting Technical Support
  • I sell livestock, they are sold through an agent. I get from the agent an account statememt along with a cheque for the proceeds of the sale of the livestock. My actual income is more than the cheque, but they have taken various fees out (vendor commission, transit insurance etc). How do i enter this in wave?? Do i enter as an income with minus…
    Avolio 11 views 1 comment Most recent by AlexL September 21, 2020 2:35PMSales & Invoicing Technical Support
  • Hello Wave Team, this is a feature request for measuring Client Profitability and Costs. Currently, there is an Income by Customer report. This is limited in its usefulness because while a certain customer might bring in a large amount of revenue, it may also cost just as much or more to service that client, and there is no way to measure how prof…
    BoundarylessJed 34 views 3 comments Most recent by AlexL September 21, 2020 2:30PMAccounting Feature Ideas
  • Im an s-corp doing cash basis accounting Is it allowed to simply create a: "journal transaction" and debit expenses and credit owners contribution for a credit card purchase (i pay the card off at a later date with personal funds) And then have the S-corp reimburse me and simply debit owners contribution and credit cash?
    dontworryaboutit 11 views 2 comments Most recent by EnriqueFavaro September 21, 2020 9:04AMHelp Center Discussion
  • My LLC has sales in Canada and USA. My default currency is USD. How do I add journal transactions for income in CAD? It defaults to USD which it isnt.
    dontworryaboutit 9 views 1 comment Most recent by EnriqueFavaro September 21, 2020 8:48AMAccounting Technical Support