Discussion List

  • Hi there, I recieved my first credit card payment the other day and noticed that a transaction was credited immediately under the Account "Payments by Wave". That Account appears under the heading "Money in Transit. That makes sense because it has to be process via Stripe first before hitting the bank account. When it did come int…
    rainwlilds 74 views 9 comments Most recent by marike October 11, 2019 9:40PMAccounting Technical Support
  • I deleted an invoice, but the amount still shows on the P&L. When I click on the income account for the details, there is no activity. There is absolutely no transactions/journal entries for this income account, but it still shows on the P&L. Any suggestions to help correct this?
    MichelleAR 10 views 4 comments Most recent by EmmaP October 11, 2019 9:08PMAccounting
  • Is it possible to change the Invoice Payment description, instead of just saying "Invoice Payment" to "Invoice Payment from Customer Name" Though it is in category description, but it would be very helpful if the transaction description is updated for both bill payment and invoice payment with the vendor and customer name. Spec…
    cetustone 11 views 1 comment Most recent by EmmaP October 11, 2019 8:49PMAccounting
  • I'm trying to switch my accepted currency from CAD to USD but I can't figure out the best way to do this using Wave. My current set up - Wave account is set up in CAD (I live in Canada) - Clients are invoiced through Wave Invoices in CAD or USD depending on where they live - Clients pay with CC using Wave Payments - Clients can technically also …
    helent 21 views 1 comment Most recent by EmmaP October 11, 2019 8:28PMSales & Invoicing
  • When we input multiple invoice payment through transaction=>add income, the invoices gets updated but the cash flow does not update accordingly, and if I make any edit from the transaction the invoice I edited is updated but other invoices in the same transaction is getting a second entry, and all the other invoice is showing paid double or tri…
    cetustone 9 views 3 comments Most recent by AlexL October 11, 2019 5:21PMAccounting Technical Support
  • In balance sheet in reports, I see non recoverable tax showing as negative liability for a purchase where in actual it is non recoverable thus shall not show up as credit in liability.
    shivatraders 7 views 3 comments Most recent by shivatraders October 8, 2019 8:45PMAccounting Technical Support
  • Hi, I'm new to wave and just trying to figure this out :) I'm trying to create a contra account, but I don't see anything that says "contra" in the Chart of Accounts. How do I create this account in Wave and make sure that it's marked against the correct asset account where the money actually is?
    Puiyee 20 views 1 comment Most recent by Mikeg October 6, 2019 1:20AMAccounting
  • While I think I am familiar with the split functionality, there are use cases in my business that I would like to share to see if it is possible to achieve with Wave. As a real estate agent, I often have a single transaction -- a deposit -- hit my business checking account that actually contains several transactions inside of it. These transactio…
    Traek 18 views 3 comments Most recent by EmmaP October 4, 2019 6:03PMAccounting Feature Discussion
  • Hi! I have several issues with the receipts app on IOS. First of all, it randomly goes offline, and all receipts entered will not show up in the accounting even when the app goes back online. Then, the app is very slow and several things randomly don't work. Sometimes, it is impossible to view the photo of the receipts as they are constantly &qu…
    Ramy 94 views 7 comments Most recent by EmmaP October 3, 2019 6:05PMMobile Technical Support
  • Under the Transactions Tab, prior to the September 2019 update, you used to be able to move a transaction to the 'Personal Account' by opening a drop down menu alongside the transaction and selecting 'Move to Personal', and vice versa. This is now gone in the new update; how do we proceed in moving our transactions between accounts now?
    Delegatus_NZ 22 views 3 comments Most recent by AlexL October 1, 2019 6:34PMUpgraded Accounting Experience
  • In [Accounting] [Transactions], when I check multiple transactions and choose [Edit], I can only change [Category] and [Tax], but many of my transactions have the same [Customer] or [Vendor], so it would be nice to be able to change those at the same time, rather than go back into each every transaction and set the [Customer] or [Vendor] one by on…
    christopherdawes 11 views 1 comment Most recent by BarsinA September 24, 2019 7:54PMAccounting Feature Discussion
  • Have not used Wave for a while, just coming back to it for a few clients. All changed since I last logged on - looks good and still great package for free
    JudeRose 8 views 1 comment Most recent by AlexL September 24, 2019 5:58PMUsing Wave
  • I recently created a new company. I connected by bank accounts (checking & credit card) with no problem. I imported transactions from 1/1/19. No problems. I then activated Payments. In the activation process the system naturally asked me to connect the Payments account to my bank account, which I did. Now, in the Connected Accounts tab under B…
    Fritz_G 25 views 1 comment Most recent by JordanD September 21, 2019 4:12PMBank Connections
  • Throughout the year, I have been creating invoices for a customer. He paid each time. At the beginning of the following year, he sends me a 1099 MISC. I believe on a Schedule C I have to report the 1099 received but do I have to remove the income from this customer in wave apps for reporting purposes? I’m a little confused. Please provide clarity.…
    mrv717 12 views 3 comments Most recent by Mikeg September 20, 2019 8:22PMSales & Invoicing Technical Support
  • Hello, I am a professional full time accountant that does bookkeeping/consulting on the side. I work remotely, but am based in sunny Sarasota FL. You will have my personal phone number to call or text with questions. This is done on the side so I charge much lower than a CPA or full time bookkeeper. I am also available during the evenings and week…
    troympapa 17 views 0 comments Started by troympapa September 16, 2019 4:57PM Pro Network Listings
  • Hello, I have committed an accounting sin of electronically receiving business income into my personal checking. It was easier for the client as electronic transfer of funds was a hassle into my business account. I did diligently electronically transfer all of these income funds to my business checking. Now I am left to sort out the Wave accoun…
    FLDave 12 views 4 comments Most recent by FLDave September 14, 2019 8:35AMAccounting Technical Support
  • Hey team! I've got two accounts importing transactions in to my account here. 1) Checking Account 2) Credit Card Account When a credit card payment processes, in my Accounting > Transactions tab in WAVE, I've got two transactions. one debit and one credit. I'm not sure how to properly classify, or if I should only have the Checking Account c…
    bt50 14 views 1 comment Most recent by Mikeg September 11, 2019 10:09PMHelp Center Discussion
  • We offer Accounting, Bookkeeping, Tax & Financials Reporting related services within very economical budget. Our clientele have diversity of wide businesses and range from startup & SME to corporate companies. Our motto is to provide accurate and robust services to client for an effective decision making.
    adminfb 12 views 2 comments Most recent by adminfb September 7, 2019 6:11AMPro Network Listings
  • So, 7 August 2019 was the deadline for filing the first MTD VAT returns for those businesses that were UK VAT registered with taxable turnover above the UK VAT registration threshold. How many of you had to file under MTD? Did you use Wave's VAT100 report and then link this to suitable bridging software? What did you use and how did you get on? …
    MerlinAccounts_UK 33 views 0 comments Started by MerlinAccounts_UK September 3, 2019 12:38PM Making Tax Digital
  • Not sure how to delete this but I moved the conversation here instead: Home > Accounting > Accounting Feature Discussion > True split transactions. Mod: please feel free to remove this as I couldn't figure it out!
    Traek 20 views 0 comments Started by Traek September 2, 2019 6:45AM Accounting
  • Hi, Every time I chose to transfer from card, bank, or loan to my PayPal account the mirrored record converts to PHP currency which is not correct. Can you please help me fix this problem.
    joeyb506 8 views 1 comment Most recent by JordanD August 28, 2019 6:48PMTechnical Support
  • Hi, Please fix your sales tax reports so that they tally the totals based on monies COLLECTED as opposed to just invoiced. We do not pay sales tax on invoices that have not been paid yet, as we have not yet "collected" that amount. Sales tax is a pass through that we "collect" from the customer and then pass on to the state. …
    WhiteGlove 38 views 8 comments Most recent by JamieD August 27, 2019 7:15PMSales & Invoicing Technical Support
  • We are running a trial on WAVE for SME, but we are missing basic Customer invoice fields like "customer registration number" and "VAT number" - tax field... Any solution for this or possibly free format text fields that could be added to the address fields so additional information can be added?
    Marcelle 15 views 1 comment Most recent by AmandaK August 25, 2019 6:52PMSales & Invoicing
  • It may seem an age away but if you're not planning on filing your 2019 tax return via HMRC's online service or through third party tax return software you've only got until 31 October to get your return in to HMRC - miss that date and you'll either have no choice but to file digitally OR pay a fine for filing late on paper. We process all our cli…
    MerlinAccounts_UK 20 views 0 comments Started by MerlinAccounts_UK August 22, 2019 11:45AM Accounting
    Is there any way to memorize a transaction in Accounting? I have a monthly transfer that needs to be split amongst 10+ categories, and it's a hassle to have to input each one by one every month. It would be easier to memorize the transaction and then change the amounts each month.
    MSR 161 views 12 comments Most recent by Myron August 9, 2019 7:20PMWave Features
  • I have connected my bank to wave and it suppose to recognizes when a specific amount is transferred from "Payments By Wave" account to "Bank" as a WITHDRAWAL and it creates a another transaction to "Bank" account from "Payments By Wave" as DEPOSIT - which is all good. The problem is when I see a REFUND, the…
    ephraim 27 views 4 comments Most recent by ahwern August 6, 2019 5:25PMAccounting
  • We own 2 companies: Our company "A" and our company "B", which was recently incorporated. We've been recording most of our purchases of "B" in the books of "A", so in essence "A" has been loaning the money to "B". Therefore, in "A"’s books any purchases made on behalf of the ne…
    Clau 13 views 2 comments Most recent by MerlinAccounts_UK August 5, 2019 9:06AMAccounting Technical Support
  • As if you hadn't already noticed, the first VAT quarter end that is subject to the new MTD for VAT regulations is due for filing by no later than next Wednesday (7 August). If you haven't already done so make sure you are signed up for filing under MTD now as it can take 72 hours before you'll be able to file. If you are going to be late with th…
    MerlinAccounts_UK 21 views 0 comments Started by MerlinAccounts_UK August 3, 2019 12:02PM Accounting
  • Is there a way to lock past year accounts after they have been closed to prevent unauthorised changes?
    stephencheah 18 views 3 comments Most recent by stephencheah August 1, 2019 12:47PMAccounting Technical Support
  • NatNat
    I have marked an invoice as paid, however, while doing so I assigned the wrong transaction to the invoice. I'm unable to edit it and attach the right transaction to the invoice, does anyone know how to do this?
    Nat 22 views 1 comment Most recent by ZoeC July 30, 2019 4:20PMSales & Invoicing