accounting

Discussion List

  • 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 1K views 16 comments Most recent by KiahD June 23, 2021 6:47PMMobile Technical Support
  • MSRMSR
    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 352 views 13 comments Most recent by AJW June 22, 2021 8:26PMWave Features
  • My business is not making enough money for me to pay subscription fees from my business account. So, I use my personal credit card for such purchases. In hindsight, I can see how that was a bad idea. How do I record those business transactions from my personal credit card? I have been using the following: Account: Owner Investment / Drawings Dep…
    AlexC_AU 367 views 16 comments Most recent by KarlAviu June 4, 2021 3:36AMAccounting Technical Support
  • My name is Kodjo, I am a CPA and owner of Kosmos Accounting, an accounting firm in Mississauga, Ontario. I have been using Wave since 2017 and am available to provide support to small businesses in Canada and beyond. Very pleased to join this platform and have the opportunity to network with other accountants and business owners in North America.…
    kodjo_kosmos 35 views 1 comment Most recent by RanjanSivam June 2, 2021 8:16PMPro Network Listings
  • For some reason my credit card is showing my pay'ts for items as deposits ( These should be debits). And deposits to pay monthly balances as debits Where have I gone wrong?
    Ian_Mano 9 views 2 comments Most recent by Ian_Mano May 27, 2021 8:52PMAccounting Technical Support
  • Can’t find a way to generate po’s or track payments to suppliers and sales people. Is this critical features STILL missing from the app? Is there a zapier integration that would compensate? What about inventory management and other tie in needs? I’m not thrilled with having to login to 2 different crm modules but IF wave doesn’t have it I’m wil…
    SmartNotHard 198 views 8 comments Most recent by MJKGroup May 18, 2021 9:59PMSales & Invoicing Technical Support
  • 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 25 views 3 comments Most recent by GreigH May 17, 2021 8:49PMAccounting Technical Support
  • It would GREATLY simplify my process if I could import bills (via Wave Connect or other method). My April invoice from my main trading partner has approx 350 lines and the web interface is struggling to keep up.
    alexmerrill 7 views 0 comments Started by alexmerrill May 10, 2021 11:20PM Wave Features
  • I deleted an invoice, but the amount still shows on the P&L. When i click on it says - The page you tried to visit doesn't exist This is usually caused by an incorrect or outdated link. Please assist
    Beke2020 77 views 23 comments Most recent by AlexL May 10, 2021 8:52PMAccounting Technical Support
  • Hi, Is there a way whereby i can tag each transaction of a particular project/event/invoice so that I will be able to track the profitability of that particulat project/event/invoice? This will be a great feature as many business dabble in multiple projects at one time and it would be good to be able to track which of the projects are yielding m…
    Jeev_Da_Man 1.8K views 6 comments Most recent by BTXteriors May 10, 2021 6:51PMAccounting Feature Ideas
  • Hello all, I was wondering what the process would be if I’d like to setup my ETF investment accounts on my wave bookeeping accounts. Basically amounts are debited via my checking account and then ported over to an investment account. Since this isn’t really a withdrawal and more of a deposit into another account, how should i go about allocating …
    Violanation 671 views 9 comments Most recent by Brown_Bear May 9, 2021 4:43AMAccounting Technical Support
  • In the section Account balances - my income appears twice, in both Accounts receivable and Cash on Hand. How can I avoid this double counting?
    stewart 61 views 4 comments Most recent by JulianP May 5, 2021 8:27PMAccounting Technical Support
  • So far, the receipt and invoice apps are wonderful. I just wish there was a "BILLS" version of the receipts app. Scanning them in with the PC is a pain. Snapping a photo and instantly having them uploaded would sure save me a lot of time.
    Clearview_Ranch_HOA 9 views 0 comments Started by Clearview_Ranch_HOA April 28, 2021 5:30PM Sales & Invoicing Feature Ideas
  • In the new interface, I'm trying to add a customer for a Bill Payment transaction. When I click the "Add customer" when selecting a Bill Payment and choose a customer; upon clicking Save - I get the error "There was an error saving your transaction. Please try again." Would appreciate any help on this please.
    Nish 6 views 1 comment Most recent by NancyC April 23, 2021 6:29PMTechnical Support
  • I'm doing my taxes and I need to know how much GST I paid in my expenses over the year. I know the data is in there because I inputted it manually for each expense when entered it into Wave. I can easily produce a report to show TOTAL dollar amount spent for each expense category, but I can't find any way to show how much GST is included in that …
    lzr9000 12 views 1 comment Most recent by AlexL April 23, 2021 1:51PMAccounting Feature Ideas
  • Hi, I am new :) am looking to understand how to start a bulk change for customers when I am in the "Transactions" page. These said customers give donations not payment, so I have no reason to create invoices for them. This is for a church. Can someone please give me direction? Thanks!
    Raiz 5 views 1 comment Most recent by JulianP April 21, 2021 8:38PMAccounting Technical Support
  • I'm having an issue with my Cash On Hand payments doubling up on my income. What I mean is, my Cash On Hand invoices are going to my Services income, and then when I actually deposit this Cash On Hand into my bank account, this deposit goes to my Uncategorized income as well. Therefore, If I mark a $50 invoice as cash on hand, it is actually showi…
    jdarris07 103 views 3 comments Most recent by NancyC April 15, 2021 7:16PMAccounting Technical Support
  • I had $800 come in from a GIECO claim because I got in a car accident and there was a settlement for medical bills and pain and suffering. How would I categorize this income? Is it separate from the business or related since it impacted my work? What would be the name of this type of account?
    Cameron 6 views 2 comments Most recent by Gabriel_Krozkin April 15, 2021 1:56AMAccounting Technical Support
  • I mailed some packages for my business. What category/account should I use for USPS and mail delivery?
    Cameron 11 views 1 comment Most recent by Cameron April 14, 2021 3:04PMWave Discussion
  • Hi, I purchased a building in 2020 to start a little business. The purchase price was $45,000. I borrowed $36,000 from a bank and paid the balance (down payment) with my personal equity. I worked with a Wave coach and he entered the following journal entry to record the purchase: 1) $45,000 debit to an asset account (Property, Plant & Equipme…
    HeatherB 17 views 1 comment Most recent by JulianP April 12, 2021 5:23PMUsing Wave
  • Hi there! I am new to Wave and still trying to learn the features and best ways to use. I have a very simple single-member LLC s-corp consulting business. I have a business checking account where revenues and future business expenses come in. I also have a personal credit card and checking account where I have certain transactions that I would a…
    adventurous_sky 23 views 1 comment Most recent by AlexL April 2, 2021 1:25PMAccounting Technical Support
  • I just joined Wave and I'm really excited to get more organized, as I'm having to do more myself now. When you set up your accounting, did you start at the beginning of the year? I'm looking at putting my charges into categories and wasn't going to go back further than this year.
    LaurieF 1 view 1 comment Most recent by AlexL April 2, 2021 1:16PMUsing Wave
  • Hey everyone, I hope you're all very well and it's great to join the community! I had a quick question regarding the integration of my business bank account (Starling) into Wave. I've connected my bank account to Wave but I've noticed that it's not picking all transactions up (particularly income). It also isn't recognising expenses as expenses,…
    MarkyT 13 views 3 comments Most recent by AlexL March 30, 2021 1:47PMBank Connections
  • Hi, I added a bookkeeper in Wave but they cannot see any of the imported transactions or account histories. Also their Chart of Accounts has just the default entries and they don't have any of the custom entries I added. They need to be able to see all the account balances and imported transactions so they can reconcile, etc. How do I get them to …
    countyline 14 views 2 comments Most recent by countyline March 28, 2021 2:49PMAccounting Technical Support
  • I need to submit my business return to CRA and because my first year was very simple (zero revenue, very few expenses), I don't want to use my accountant for this (I have another business that is much more complicated and he and my bookkeeper use Quickbooks to manage bookkeeping and accounting for that). From what I can tell, Wave doesn't have an…
    Mikebrcic 1.4K views 13 comments Most recent by paulpat March 24, 2021 4:29PMAccounting Technical Support
  • Can I create a new account using API or Zapier? If yes, can you please share the link where I can find the details?
    ncaccountant 25 views 1 comment Most recent by KieronB March 23, 2021 5:58PMAPI & Integrations Feature Ideas
  • Say I sold a property for cash for 10k, with 1k of that paying for closing costs for an income of 9k. What is the best way to log this transaction? Currently I'm adding 2 transactions, one "Sales" deposit transaction for the 10k income, and one custom "Title Fees" withdrawal for the 1k expense. I'm not a huge fan of this as it'…
    doubleawilly 5 views 1 comment Most recent by AlexL March 22, 2021 8:06PMAccounting Technical Support
  • Hi there, Quick question regarding expenses paid out of pocket. The only expenses incurred by our business in 2020 were paid out of pocket. I listed all of these expenses in the owner investment/drawing account type. When I run our balance sheet to prepare our taxes I noticed theses expenses show under equity. Is this correct? or should these exp…
    T_NewBusiness 19 views 0 comments Started by T_NewBusiness March 13, 2021 2:50PM Using Wave
  • I have linked my business bank account to my Wave accounting system. The transactions are importing without problem, but I noticed that my bank balance does not show on the balance sheet under my assets. How can I rectify this? Or do I need to do this manually? Thanks for you help!
    Steven_Heyman3 50 views 2 comments Most recent by Steven_Heyman3 March 5, 2021 9:53AMBank Connections
  • Hello, I need urgent help!! We have EUR as functional currency in Wave. We also have bank accounts in HKD and USD. I noticed however that in many cases, the converted amounts in EUR are completely false making the whole accounting false. I am attaching a screenshots for reference. Please help!
    Zoran 21 views 1 comment Most recent by AlexL March 2, 2021 4:55PMAccounting Technical Support