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Expand for more options.For questions about how to use Wave! Everything from getting started, to updating your profile, to understanding navigation.
441 discussions
1.2K comments
Most recent: Farewell! The Wave Community will go offline on Jun 30, 2022 by JamieD
June 3, 2022
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944 discussions
2.8K comments
Most recent: Farewell! The Wave Community will go offline on Jun 30, 2022 by JamieD
June 3, 2022
Discussion List
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Hello, I'm from India and I only use the basic transaction entries feature along with basic P&L and Balance Sheet reports. I don't need any Reconciliation/Payroll or such features. So, after the recent announcement of Wave only serving users from US and Canada, I'm wondering if I can still continue to use Wave in the future. I've tried more…
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Not sure why I received this email from WAVE. I use the software everyday for 2 businesses almost every day. Could this be a scam? " Thanks for giving Wave a try. Since you haven't logged in for several months, we're required to stop sending emails to you at this email address. This will be the last email you receive from us unless you con…
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I'd like to close and delete my wave account and start fresh with a new account..will I still be able to immediately connect my same bank account with a new wave account?
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Hi everyone, I am an accountant wanting to use WAVE for churches - this way I can offer low-cost service to those small churches that cannot afford a full-service accountant. Is this a good platform and can I make as many business accounts (churches) as I need in my account? Thanks Craig
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1, Accounting, Transactions- scroll bar on right -entry area is too thin and hard to click on - Make the scroll bar wider - or - When you hover, widen the scroll bar like Gmail 2. the entry area doesn't fit on the screen, so you have to scroll up and down to make a entry - very difficult. - Remove the dead space on top of the screen - or - Make t…
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Evening. We are currently running an alternative financial services company and have signed up to use wave apps for accounting purposes. I need guidance on 1. Is wave apps suitable for use with this type of business 2. Not really sure how we will account for loan transactions, loan repayments etc on the solution. Looking forward to your input …
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My last transaction of $11,000 is now on hold and I have no insight into when I can access this money. This never happened before. How can I find out what is going on?
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created a liability account under customer prepayment, and while recording the transaction i have added the customer to the category(above created account), in spite of this, the transaction is not showed in the Customer Statement - Account Activity, for the respective customer.
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Hi there, An old chestnut here but one that is far more relevant now given that so much more products are being sent by courier or post. Have wave given anymore thought to developing a delivery note function.
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How can I categorize a deposit transfer to one of my accounts from a bank account that cannot be linked to my Wave? The funds were transferred to me from an bank account which does not belong to me or my business, hence my inability to link it in Wave and represent it as the source from which the funds came from in the transfer. The funds transfer…
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I'm looking to open a small business checking account for a business I'm starting. Which banks integrate best with Wave? Anyone have experience with Novo, Aslo, BlueVine or Radius Bank? I don't plan on much cash usage so would prefer to be 100% digital and online. Thanks in advance for any recommendations.
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Hi. I have a stack of refunds and at least for a couple of them that are within 90days, the refund option isn't available? I find the refunding of sales enormously tiresome and pathetic in this app. I love it for everything else, but its so asinine in its design. Also asking random strangers to access my acocunt to issue refunds form greater tha…
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I just received a cc payment from a client of 44700. after fees. Only $2800 is available for instant payout. Is there a limit on the instant payout availability?
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I have a concern regarding completing transfers to and and from accounts that are not, and cannot be linked to my Wave account. I periodically transfer funds from one of my bank accounts to someone else's account. However, in Wave, due to the fact that such an external bank account does not belong to me, and therefore cannot be linked to my Wave a…
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I convert my monthly amazon ca sales to USD using the monthly CAD/USD avg exchange and enter this value in my Amazon ca holding account (asset). This is to account for my cash balance held in Amazon. Waveapps converts foreign currency to USD based on the transactions day spot rate. When Amazon ca deposits funds to my CAD bank I treat it as a tra…
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How often does waveapps convert foreign currency value to my home currency on the balance sheet? Example. My home currency is USD. I recieve $1000 CAD to my CAD bank in Jan 2020 and the balance sheet shows $750 USD (CAD/USD exchange that day was 0.75). Now its Dec 2020. The $1000 CAD is still in my CAD bank. CAD/USD exchange is now 0.95. Will t…
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I have just completed my year-long Wave experiment and I am (truly) very sad to say I've just ponied up the coin to buy the newest version of QB desktop. :disappointed: Wave is a wonderful platform that I really like, so I would be remiss to not explain myself. The bottomline for me is reporting capabilities. I need to be able to drill down, de…
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Hello, Is there a way to record transaction in 2 currencies at the same time, using an exchange rate of our choice? (not the one used by xe.com) so for example, let's say i bought a tshirt for 10$. Exchangee rate on xe would say the conversion to LBP would be 15,000 LBP although, in real life due to rapid inflation in Lebanon, i actually paid 50…
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I picked a used camera to use for our studio. How do I expense it as there is no receipt or vendor. Also, should I put it as an expense or a capital asset as it is a pricey camera. And finally, how do I set up depreciation for it- maybe at 3% per month?
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I picked a used camera to use for our studio. How do I expense it as there is no receipt or vendor. Also, should I put it as an expense or a capital asset as it is a pricey camera. And finally, how do I set up depreciation for it- maybe at 3% per month?
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Hi Team , Refer to the above I use waveapps to help Entrepreneurs to prepare their financial report . We use the reporting that is available to send it to the auditor for audit purpose . When we run the report one of the issue was the Account Transactions which previously had transactions but no transactions in the current year the report does n…
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Dear team, with this 31st August deadline, how do I know whether my account was automatically updated or not. Your response would help a lot Thank you
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I just started this cleaning business and I have a lot of questions. Before I ever got my first payment and before I even had a business account. I was paying everything out of pocket. I am sole-proprietor and its just me. So my first question is how to accurately enter this into accounting and can I pay myself back? I unders…
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Hello, I created USD account because USD is kept on that account. After I entried some transactions the SUM at the bottom shows I have now 600+USD, but only 500+CAD. Look here: IS there some way to fix this?
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Hello, I am new to wave, and new to business. I have an llc, how can I report property tax that I pay monthly? What Accounts or Categories do I need to create? I read that it’s prepaid and I have to do additional entries. But I am actually making payments to the county. they may or may not be prepaid with them, but for me they are deducted from my…investment_company 71 views 2 comments 0 points Most recent by investment_company August 22, 2020 10:08PM
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Is there a way to customize the P&L report to only reflect one of my accounts? I have not been able to do so. Kind of important so any input would be greatly appreciated! Thank you!
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With our world impacted by the spread of the coronavirus, we've all had to adapt to change. We're looking to our community of small business owners to find those who have completely pivoted or in some way reimagined their business model in response to COVID-19. Whether you're consulting other entrepreneurs on navigating through these tough times, …
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My Wave account is linked to my bank account, yet I'm getting discrepancies with the following 3 items, 1. Total Income, 2. Wages, and Payroll Taxes, Each is off by over 20%. Income is understated, while Taxes and Wages are overstated. As a result, I'm showing a net less which is fairly close to my net profit when compared to my bank transactio…
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I'm just assessing which invoicing system to use and Wave keeps losing points as I test it, find something missing / a nuisance and then see that other people have requested the same feature a long time ago and nothing has changed - apart from admin adding another post saying, "thanks for your feedback, we might implement that one day!" …
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I know about the account where customer makes pre payments but how do I apply those payments that have already been paid in advance to the invoice?
