inventory_management

Discussion List

  • How do you keep track of inventory in this app? If i make a sale and I create an invoice for example. The transaction is generated as cash on hand and sales (I assume as i can't see a full journal entry just the main description). So, Do i need to create a manual journal entry with merchandise inventory or cost of goods sold to keep track of the …
    lariosmotors 35 views 2 comments Most recent by JamieD January 31, 2019 9:56PMAccounting
  • Thanks so much for providing a great product and service. Being a carpenter I deal with many different products and services and prices often need to changed based on current material costs. I would like to suggest a few features that make this area of Wave much less time consuming and much more user friendly. Making items searchable from the P…
    Brendan 27 views 0 comments Started by Brendan January 27, 2019 10:02PM Sales & Invoicing
  • I own some brand new items (clothes) that I originally bought for myself but never used. What's the proper accounting process to "sell" / transfer these items to my small business (sole proprietorship) as inventory? I have the original receipts. Am I right in thinking that I the business can just simply purchase them from myself at the or…
    waver 17 views 3 comments Most recent by Erik January 11, 2019 7:52PMAccounting
  • dear developer, how can i add opening balance in wave manually .. because i recently transfer from another software and i have all closing balace (balance Sheet) in pdf format but how can i add them in manaually.. and also suggest me that how can i maintain my inventory records in wave.. in case of share trading business... suggest me .. wave is…
    DineshSitapara 32 views 0 comments Started by DineshSitapara January 1, 2019 9:19AM Accounting
  • I've done a search and can't find any questions or answers that come close to what I am looking for, so here goes. I am a maker and I just set up formal business and accounting structures for my work this year. As of right now, I am only recording material costs as an expense and product sales as income. My sales volume and product variety doe…
    ohiobliss 26 views 1 comment Most recent by JamieD December 3, 2018 4:52PMAccounting
  • I'm helping a friend manage the finances of her MLM business. The MLM company collects the sales tax from the independent consultants. So when the consultant purchases inventory, it includes Sales Tax. When I enter a Bill for inventory purchase, I add the appropriate tax. However, when I run the Balance Sheet, the Inventory balance now include…
    rmbk 19 views 1 comment Most recent by Tyler November 8, 2018 12:48AMAccounting
  • Hi, trying to understand how to enter custom-made inventory, for example art that was custom-made, not purchased. I understand the costs need to be accounted for in the COGS account as an expense and the item needs to be added to the Inventory account as an asset, but how is it recorded? It isn't a purchase or a sale, per se - is it a deposit or a…
    anarch 18 views 1 comment Most recent by Charlotte October 25, 2018 2:31AMAccounting
  • Wondering how to import customer csv file with address and STATE? I have tried a few different ways to import members with full addresses with no success. I would rather not do this manually. Example address, city, STATE, zip
    nsheler1 18 views 1 comment Most recent by Alexia October 5, 2018 8:47PMTechnical Support
  • Good day to you all please I followed the instruction on "Simple inventory entry & tracking in Wave" on this link https://support.waveapps.com/hc/en-us/articles/208623546-Simple-inventory-entry-tracking-in-Wave to manage my inventory but right now My Profit and Loss statement is showing me the same values for my Income and cost of goods how…
    Bushrah 1.1K views 9 comments Most recent by Alexia August 17, 2018 6:45PMAccounting
  • Virtual and Physical Services on demand in Asia Pacific and Europe.
    Mayank 9 views 0 comments Started by Mayank July 18, 2018 11:41AM Pro Network Listings
  • I am actually curious as to how Wave can support inventory. What's in stock and what needs to be ordered (out of stock). willing to pay if wave provide inventory system
    threeotreats 80 views 11 comments Most recent by Alexia June 26, 2018 5:16PMWave Features