Accounting Technical Support
Discussion List
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For example I need to change "Land" to "Property, Plant and Equipment".. I can't seem to edit name or add a new account?
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why i cannot review and print my balance sheet with format pdf? wave accounting will pop up this message like that attachment. income statement also dont have button format csv, pdf and excel. please help me.
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I just filed to change ourelectrical/handyman business to a corporation because it was recommended to protect our assets. It's just my husband and myself. We may have employees in the future. I just need some advise and accounting help. How and what do we pay ourselves? How do I separate my personal and business finances?
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For the past several days my "Chart of Accounts" page has been blank. It first started after I implemented a new bank connection. I let Wave create a new account to import transactions into for that bank. That all went fine except I wanted to change the name assigned to the account. I went to the Chart of Accounts page to change the name…
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What's the best category to record expenses used to create a product? I am a sign maker and buy vinyl and other substrates to create my signs.Chrisa62401 111 views 1 comment 0 points Most recent by Mohamed Imran Buhary Seyed Mohamed January 17, 2018 4:35PM
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Hi, Having started usingWaveapp service, we ran into some accounting issues - we cannot account dividend payments. We understand that waveapps serves thousands of client accounts and supposed to have basic to every business functionality ÛÒ to account dividend payouts. Maybe someone knows how to makedividend payments? Thanks!Olena Vyshniak 4.5K views 4 comments 0 points Most recent by Mohamed Imran Buhary Seyed Mohamed January 17, 2018 4:44AM
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Hi, I have a new Wave account and I am trying to add a new account to the chart of account but I am getting no results in the account type (as shown in the snapshot below). Is the account type something that I should create or is it built-in Wave? If yes, how can I create it? If no, why I don't have any account type? P.S. I am a collaborator for …dana 52 views 2 comments 0 points Most recent by Mohamed Imran Buhary Seyed Mohamed January 17, 2018 4:38AM
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Though in most cases assets are depreciated, in some cases like content website, trademarks, shares, land, gold etc. the value of the asset is likely togo up over time. How to handle this thing in Wave accounting?Englicist 1.9K views 3 comments 0 points Most recent by Mohamed Imran Buhary Seyed Mohamed January 17, 2018 3:56AM
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HOW DO I MOVE THE CASH WITHDRAWN TO MY CASH ON HAND?Jon Fitt 41 views 3 comments 0 points Most recent by Mohamed Imran Buhary Seyed Mohamed January 16, 2018 3:54PM
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Merge seems essential. For instance, if I am manually entering payroll (as opposed to using Wave's payroll service), I'll create a journal entry with a debit to "payroll - salary and wages" for gross pay, various credits for FITW, SITW, etc, and finally a credit to my bank account for the amount paid to the employee by check. That credi…HuntsvillePost 221 views 2 comments 0 points Most recent by Mohamed Imran Buhary Seyed Mohamed January 16, 2018 3:28PM
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https://accounting.waveapps.com/bills/5711211/edit/895265917/
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A couple days ago, a customer of mine paid in advance for goods which he will collect later. The signed receipt I gave him has a note to that effect. As such, he currently has proof that he paid me and has not received the goods. I want to create a document that states he has received the goods. That way, when he collects them, I would have him s…
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Is it possible to make journal enteries under account payable's sub accounts (vendors) directly instead of entering bills in purchases?
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On top of 2.9% + 30cents that waveapps charge for credit card transaction. How much do stripe charge? Sorry.. I cant seems to find the info
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Hello, I just started using Wave to track all of my business accounting. Our company received a $35,000 loan to start our business, to be paid back monthly at an 8% interest rate. We are receiving the loan in draws. Our first draw was $5,000 which we deposited into a business account that we have already connected to Wave. How do we set up this l…
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Hello. I'm using the latest version of waveapps accounting system. My problem is when i add up expenses/incomes or even transaction from connected bank account, the details panel on the right side do not open up. So, I cannot edit the transactions :( I even sign in back few times and refresh the page but its still not working :(
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In the article, "Simple Inventory entry & tracking in Wave" byKatie Silkinathe suggestion is to create two accounts 'Inventory' in assets and COGs in expenses. Dr. Inventory Cr, COGS When recognising inventory Dr. COGS CR. Inventory After every sale. I found this solution to be perfect in the first year of operations. The pro…
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How does a prepayment to a Vendor is recorder in Wave?
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Hi. I am a manufacturer therefore I have to maintain a stock inventory of all goods that I purchase / sell. I want to maintain the stock in terms of quantity purchased and sold and not in terms of monetary value. Is this possible? Thank you! Regards.
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The title says it. I have strong internet connection, and I can browse on the internet and use online messaging without any problem, but syncing process takes forever for about 10 minutes already and I can't edit my receipts. Please advise. Thanks.
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Can we set up a 2 or 3 branch business on wave. Wherein we can look at branches individually and also aggregated as on business? If so how?Overture Accounting & Bookkeeping LLC 321 views 3 comments 0 points Most recent by EnsignBellaRo January 3, 2018 10:13PM
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Hello fellow Wave users! IÛªm new to accounting, so IÛªm sorry if this is a real Û÷noobÛª question. IÛªd like to know how to pay myself back for things I have paid out of my personal account at the start of my business. IÛªve made up some basic figures to illustrate the scenario below: I set up a new business (sole proprietorship) at the start o…
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I send emails but customers didn't receive them.Wojciech Woziwodzki Closed 711 views 3 comments 0 points Most recent by Charlotte January 2, 2018 8:35AM
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Hi. Since repeated questions to Wave support have not satisfied my questions as to how to properly manage these transactions I'm hoping there is a genius out there who could spare some time and advise how I can fix this mess I've got. So there are basically a few scenarios I need help with. All have commonalities in that my PayPal account is link…
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On the new transactions page there is no option to delete.Autorent Co.,Ltd. Closed 1.2K views 2 comments 0 points Most recent by jaci December 27, 2017 4:30PM
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Hi - Just signed up and so far Wave looks great! One problem - I'm trying to switch over from QuickBooks, and using the guide (https://support.waveapps.com/hc/en-us/articles/208621386). I'm running into problems in the transactions screens with the error: Error fetching transactions. It won't allow me to post any transaction, I think because i ha…
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Hello I am not able to add a payment to a new bill that I added. The drop down is blank. It does not have the options of adding a payment. Please help.
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In my previous product (Solar Accounts) I had my "Directors Loan Account" set up under Liabilities (possibly at my accountants advice), not I find "Owner Investment / Drawings" under Equity. What's the right approach for this in the UK? Is this subject to regional differences? Understanding what account is for what is somethin…jowettenterprises 1.1K views 2 comments 0 points Most recent by jowettenterprises December 14, 2017 2:38AM
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when I post the amount on the receipt, and I enter the amount (iPhone), the amount would be R730.30 and the amount posted is R73030.00 The calculator on the wave receipt keyboard is a comma and maybe iPhone need a fullstop?
