accounting_help

Discussion List

  • Hi guys, I am struggling to load items onto an invoice. When clicking add item which opens the drop down, then clicking on one of the items, nothing happens. I tried to create new items directly on the invoice, which does create a new item, but when I click “save and continue” I get an error message stating ”Items: This field is required”. …
    Sebastian 5 views 2 comments Most recent by Sebastian November 16, 2018 10:26AMTechnical Support
  • Hello, I'm having a strange problem. My Transfers In and Transfers Out between my checking accounting and Paypal account are showing up on my Income Statements as Uncategorized Income and Uncategorized Expenses, respectively. This is obviously messing up my totals quite a bit. Could anyone offer some help?
    atelierMUSE 7 views 0 comments Started by atelierMUSE November 14, 2018 5:36PM Technical Support
  • When I enter receipts from expenses that I charged on my credit card how do I enter the payment made to these said expenses. Doing a transfer does not work as i have been told to do in the past because I am paying the amount owing to the card in a lump sum and not for each individual transaction therefore, the amounts don't match. When I enter the…
    Bonnie_67 8 views 0 comments Started by Bonnie_67 November 10, 2018 11:14AM Using Wave
  • Hi All, Our business is a partnership LLC. The partners receive distributions directly from one of the companies checking accounts each month. I am trying to get help on how to classify those distributions so they still count towards our net profit as were taxed by passthrough. Right now I have them all classified as a special line item until I…
    pmcintosh26 6 views 1 comment Most recent by Erik November 9, 2018 3:40PMAccounting Tips & Advice
  • JGardner Consulting offers low monthly rates for your bookkeeping needs. JGC charges lower bookkeeping rates, while an accountant reviews any work done, at no extra charge to you! To get an instant free quote visit: www.JGardnerConsulting.com
    JGCConsultant 4 views 0 comments Started by JGCConsultant November 7, 2018 1:26AM Pro Network Listings
  • I have a product that I digitally pay for an account balance, then buy different services from that account balance. Money leaves my account when I fund the supplier account, then when someone purchases an item from me, i need to process that somehow in the accounting. Can someone help me with the way i should process this Kind Regards S…
    StuartBlack 11 views 2 comments Most recent by StuartBlack October 25, 2018 6:43AMAccounting Tips & Advice
  • I am using the free version of waves accounting and I have noticed that my income Chart seems outrageous for some reasons unknown to me. This month however, it was quite obvious that income attributed to my business isn't so. What am I not doing or doing to make it so?
    Nini_75 11 views 2 comments Most recent by Charlotte October 24, 2018 10:49PMAccounting Tips & Advice
  • Hi, I am new to Wave and was absolutely loving it! Then I needed to send a vendor a purchase order and noticed Wave doesn't offer the capability. I've contacted support and they say they have no plans to add purchase order support. I have a business where many vendors require a PO and currently I manually create them, but it's a huge hassle. I als…
    blinden 23 views 1 comment Most recent by Tyler October 19, 2018 8:31PMWave Features
  • I am new to wave and also to my business. I have incurred some business expenses that i have paid out of my personal funds. Now i have added these individual expenses into wave accounting transactions and associated to a personal account in lieu of my business checking account. Now to balance my books, how do i make an entry to get reimbursed from…
    ProSmartConsulting 21 views 0 comments Started by ProSmartConsulting October 19, 2018 2:26PM Accounting Tips & Advice
  • Do you really want to "Self" Assess? You're in business to make money doing what you're good at, not because you wanted to become a book keeper, accountant and tax adviser. The Self Assessment return deadline for all non electronic filing is 31 October, but why not engage an accountant to deal with it for you. They can file online for you, wh…
    MerlinAccounts_UK 1 view 0 comments Started by MerlinAccounts_UK October 17, 2018 10:30AM Accounting Tips & Advice
  • 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 12 views 0 comments Started by Steven_Heyman3 October 17, 2018 7:29AM Using Wave
  • Hi, I am on the search for an accountant or someone able to "help me navigate the Dutch accounting/ bookkeeping universe using Wave". Preferably, I am searching for someone living in the Netherlands.
    Christoph 22 views 2 comments Most recent by Tapya October 16, 2018 7:51PMFind a Wave Pro
  • Hello - has anyone integrated Shopify into their Wave yet ? Looking for feedback/pro's/con's. I already have Paypal integrated so would potentially remove paypal and add Shopify.
    AussieCraft_Vinyl1 14 views 0 comments Started by AussieCraft_Vinyl1 October 16, 2018 7:18PM Using Wave
  • Hi One of my clients is from Europe and I invoice them in Euros and then they pay me through Paypal. However they just assumed I wanted to be paid in USD (I thought they were going to send it in Euros) now I have 1) an invoice billed in Euros 2) Received money via paypal in USD 3) my base/home currency in CDN. I got no clue what to p…
    chobo2 12 views 0 comments Started by chobo2 October 16, 2018 7:12PM Using Wave
  • We are an Ohio based accounting firm that works virtually with clients across the U.S. Wave Pro, Quickbooks Proadvisor, and Xero certified. We offer bookkeeping, accounts receivables and payables management, payroll processing, tax preparation, book clean up, program set up and training, etc. Our basic bookkeeping starts at $195 per month and i…
    WhitneyMarietti 11 views 0 comments Started by WhitneyMarietti October 16, 2018 6:29PM Pro Network Listings
  • We just had our first snow fall in the Minneapolis metro area yesterday morning and it melted shortly thereafter. The melting snow reminds me that time is quickly slipping away and year end is just around the corner. If you are in need of help wrapping up 3rd quarter, the year end financial statements, tax planning, preparing 1099's for vendors, y…
    WayzataCPA 11 views 0 comments Started by WayzataCPA October 15, 2018 10:04PM Pro Network Listings
  • Hi Community. I'm a newbie looking to be pointed in the right direction by a kind soul. I do a little private business from home in my spare time and use Wave for the accounts. I scan my gas station receipts with my smart phone for posting straight to Wave, but only a small fraction of the cost is eligible as a business use (the rest is my p…
    Nick_Willder 21 views 5 comments Most recent by MerlinAccounts_UK October 11, 2018 5:23PMAccounting Tips & Advice
  • Are you a UK based business using Wave and needing a UK Wave Accountant? Your search may well be over as we are just that. We are experienced with remote working with clients across the UK. With the aid of cloud accounting apps such as Wave, and secure document sharing (eg dropbox, google drive, onedrive) we are as close to you as you are…
    MerlinAccounts_UK 3 views 0 comments Started by MerlinAccounts_UK October 11, 2018 11:25AM Find a Wave Pro
  • UK Accountant open to a "collabarationship" with you! With oodles of experience of working remotely with clients, we're as close to you as you're laptop, computer and/or mobile device. We can hold your hand as often as you need us to. We're happy to meet with you on Skype for an informal chat about what you do and the services you se…
    MerlinAccounts_UK 12 views 0 comments Started by MerlinAccounts_UK October 10, 2018 9:30AM Pro Network Listings
  • At least, I think this must be a newbie question... When I go into Reconciliation and open my business checking account, I'm seeing withdrawals listed as Credits and deposits listed as Debits. That makes zero sense to me. Am I missing something obvious, or is something wrong? I started with Wave mid-year (came over from 17Hats) and am trying…
    bronwynrh 12 views 2 comments Most recent by Alexia October 5, 2018 3:22PMUsing Wave
  • -(The scenario): My business provides a technical service that we bill our parent company for, but my business also collects money from the parent company's customers. In other words, I, as an employee of the Parent, get customers to sign a contract. Then my personal company contracts to the parent to do the work that I, as an employee, was award…
    Mithoty_1 1 view 0 comments Started by Mithoty_1 October 5, 2018 3:13PM Using Wave
  • Hi Wave Team, How do I go about including transfers, i.e. from one bank account to another in a CSV import? I've attached the template in mind, which is based on the accounting data export CSV template. Appreciate your advice on this, thanks.
    Fulcra 12 views 1 comment Most recent by Alexia September 28, 2018 5:30PMTechnical Support
  • Okay so the lonely hearts headline caught your eye, welcome! We're a UK based accountancy practice and have been a part of the Wave Pro Network for well over a year now, having joined to meet the needs of our clients that were already using the product. We are looking now to expand the number of businesses we work with on Wave and look forward…
    MerlinAccounts_UK 11 views 0 comments Started by MerlinAccounts_UK September 27, 2018 6:16PM Pro Network Listings
  • Hello! I have a direct market farm with a few different species of animals that I keep records separate for. I'm pretty new to actual accounting and am wondering what account I should put the category of Tools and Supplies for each animal under. Generally what I put under this label are materials for structures, waterer's feeders etc.... things th…
    Kerissa 23 views 7 comments Most recent by Alexia September 19, 2018 3:23PMAccounting Tips & Advice
  • I have six requests that would be greatly helpful to my business. * Discounts. My old software allowed me to put in the units at a price but also enter a "discount" which would then show up in red as a discounted amount on the invoice. This was very useful for showing my clients what I would normally charge for a service and let them know the…
    post78 51 views 10 comments Most recent by Alexia September 18, 2018 9:00PMWave Features
  • OK ... okay ... o-k-a-y. I know that this may seem trivial, but -- should I create a new "Expense" category for "Vehicle Tag/Title/License" as opposed to just putting those items into the pre-populated category of: "Vehicle – Repairs & Maintenance"? Any benefit to doing so? Thanks in advance for your consideration.
    ckrzen 11 views 3 comments Most recent by Dante_Bulluck September 13, 2018 7:44PMAccounting Tips & Advice
  • What is the recommended workflow in Wave to properly account for the following? * I use the company credit card to make a purchase while on a business trip to visit a client. The purchase is to eventually be reimbursed by the client. * The purchase appeared in the transaction list as a credit to the company credit card account. * I created …
    cygnus8929 21 views 3 comments Most recent by Alexia September 13, 2018 7:30PMAccounting Tips & Advice
  • How does a charge appear on the credit card statement, what will my customer see on their credit card statement?
    gadavidrose 14 views 3 comments Most recent by gadavidrose September 4, 2018 8:08PMAccounting Tips & Advice
  • My fiscal year end is june 30. This makes using reporting in wave a real pita as far as I can see so far. I have told wave my year end, but there are only calendar year pre-sets for date ranges in the reports. There should be fiscal year date ranges as those are more important.
    GregVeres 11 views 1 comment Most recent by Alexia August 9, 2018 8:34PMWave Features
  • Hi wavers, The default dates for all transactions and reports set for current year . Is there any option at settings screen to set your preferred period with following options : Preferred Reports Period: Current Fiscal year Current month Current quarter Previous month Previous quarter I think it will make wave using easier as n…
    Abdallah_Ibrahim 11 views 3 comments Most recent by Alexia August 9, 2018 5:52PMWave Features