Using Wave
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Discussion List
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Hi, A newbie here trying to record my Sales & COGS. The sales were reflected correctly in this year, however, the COGS is reflected in the financial year when I bought, instead of this year's. How can I adjust the COGS into the correct financial year, which is in this year? Thanks in advance!
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Could someone tell me when the offer of 1 year free with Zoho will end please. I don't want to switch until June, and start my new accounting year there, rather than transfer part way through.
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Has anyone connected HoneyBook to Wave via Zapier?
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Maybe I'm missing something, but my Fiscal Year End date is Jan 31 and Wave has lots of preset date ranges to choose from when filtering transactions or reports by date range, but none of the year options are based on Fiscal Year, only calendar year. I have set my year end date correctly in settings, so why does it always default and offer only ca…
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Hello! We are a small business operating as an LLC in the US (if that matters). We make and sell jewelry. In the past year we started working on a new project, basically a new and fundamentally different product line - producing machines/electronics that have nothing to do with jewelry. We would now have two separate brands/product lines. Income …
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I made an appointment with the new Block Advisor integration, and spoke with my advisor on the phone. He said he hadn't received any information from Wave about my finances (he didn't even know what type of company I had). Since then I've heard nothing from either Block or Wave about it. And when I click on the Tax Advisor button on the side menu,…
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Anyone know when the banking will be open. I’ve signed up for Novo for my new small business but honestly I’d switch if integration was clean like the rest of the app and payment and transfers happened fast (Novo takes 4 business days to process a check by photo)
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I have used Wave for several years for my business. I’m in Australia. I only use the straight invoicing, reminders and paid invoice section. Do I need to find a new Invoicing program? If so does anyone know by what date I will need to transfer my client info by..Victoria, Australia. I can’t find a timeline at all, or can I continue using Wave in…JulieMartinOT3922 321 views 7 comments 0 points Most recent by JulieMartinOT3922 March 1, 2021 10:06PM
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Hello, I am not a finance guy and dont understand some of the basic terminologies. I recently started using Wave for Invoicing and recording my expenses. I am actually confused on how to record my expenses and under which head. For ex, where do I categorize Payements received, Fuel expenses, shopping, utilitiy bills. All I see is Cash on Hand and …
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Dear All, Currently, would like to add a business to my current profile, however when selecting the country only Canada and US available, leading to the currency being available for these countries only. When creating the profile, South Africa was available then, would this have changed with the T&C? Your assistance is appreciated.
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Hi Can anyone assist I have tried to set up a second company but the auto fill won't allow me to change my country or address to South Africa neither will it all me to change the currency to rands. Anyone have an idea how i can solve this. My first company set up perfectly Thanks Brendon
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Is it with everyone globally or only in Pakistan? @CallieP @Barsin @ConnorM @AlexL @EmmaP @Charlotte
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Thanks for Waveapps to create such a wonderful app I have got a question in relate to this. I am an old user of Waveapps, and recently back into waveapps with its new interface. FINAL OUTPUT I want to import my "PAST OLD" square transactions to waveapps and reconcile / match it to the bank payments, without doubling the income and taxe…
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Hi, I have a website design customer who paid his deposit in cash. How do I make a receipt for that? I need to send it to him.
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Hi I have a few expenses that I still pay for myself. So I create journal entries for each expense (debiting the expense account and crediting the following equity account: Owner Investment / Drawing account). Here is what I am not 100% sure about: The Owner Investment / Drawing account equity account is under Retained Earnings, instead of und…
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I've made the changes that I want to customize my invoices. However, the "save all changes" button is greyed out. I have checked to make sure that I have all the required fields completed. What have I missed?
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I am wondering how to properly categorize items which are to be used for the business? For example, if I was to purchase a stereo to be used for the business only, or a magazine subscription for the business only... Thank you!
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I don't know how to directly transfer money from my personal account to my business bank account. So I use paypal. I see then three transactions, a green transaction in my paypal then a transfer to my bank and a transaction in my bank. How do I categorize each?
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I own a small business where I build and then sell a product. If I make a sale and take payment through PayPal, what is the best way to enter the transaction into Wave? I could enter in each PayPal transaction manually (and also enter in the appropriate sales tax). When the time comes to then transfer funds from PayPal into my bank account (whic…
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I tried searching this question before posting but came up empty. I am curious if anyone knows the best way to create a "tax only" account, or how to record this correctly. Purpose: I am in Canada and import inventory from the US and overseas. When the items clear Canada customs, we are charged HST on the value of the goods. This amoun…
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Hi everyone. I'm new here and have a question about how to enter short term securities into Wave. The nature of my business is purely active trading of securities (stocks, bonds, futures, forex, Nadex, etc). I'm in and out of the transactions anywhere from 1 day to a couple of months at the most. I do my trading in a TD Ameritrade account. I'…
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My business checking account and business credit card are both linked to Wave. When I pay the balance on my business credit card from my business checking account this transaction is Uncategorized. What category should this be? Should it be the drop down category: “Transfer to Bank, Credit Card, or Loan”? Thanks
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Hi Wave, I'm a non-US user of Wave for a few years. In regards to your recent announcement on the changes that will affect non-US users, may I know how long will you allow me to stay with Wave? I'm currently looking for alternative to migrate but I'm afraid it's going to take some time. Appreciate very much if you could at least let me know the ti…
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I've created Inventory accounts that I don't want to use. How do I get rid of them?
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I would like Wave to send an automated email - thanking the customer for making a purchase with a checkout I have set up. I don't see that option. Why not? How can I do this? (*i do see I can send a message once the payment is done - but I want to send an email with a link in it) Is this possible? How do I do this?
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Hi All, fairly new to Wave and was wondering if there is a way to show which items are taxed which tax on a line per line basis rather than it just being totally at the bottom. Not all items I invoice are taxed both the GST and PST, some only GST. Customers want to see what taxes they are paying for what items. Any help is appreciated!Christine_Friend2020 222 views 6 comments 2 points Most recent by StrugglingIC January 17, 2021 7:50PM
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Hi, I just incorporated my business and spent my own cash to pay the lawyer to get things set up (Corporate registration etc) How do I enter that money into the transactions to show as an owner investment?
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I am new to wave, was using joist since 2018, decided to make the switch for the new tax year so I can keep better track of my invoices with the desktop app. I invoiced a customer yesterday and they ended up paying it right away, but now I cannot see my payment when I click on it. Will my payment still go through? I realize that I need to verify I…
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Hi Guys, i have been using wave for a few years and was sad to see the news about non us customers. However i only use wave to create invoices and estimates and use the export to PDF function- everything else is handled by my accounts team. so am i correct in assuming that i can continue to use wave for my invoicing and does anybody know if th…
