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Understanding your paymentsNow that you're active, you can view the status of both your payments and payouts in your Wave account. Payments To access a view of your payments, go to Sales > Payments in the navigation bar.... Read the full story hereSystem 951 views 2 comments 0 points Most recent by KristenV January 27, 2021 9:16PMHelp Center Discussion
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Sales tax collected is a liability. Remitting this sales tax decreases the liability. If you remit more than required or pay a sales tax security deposit (required in Canada) your liability account is negative. A negative liability account however looks incorrect on balance sheet. Are there "negative" liability accounts?dontworryaboutit 21 views 1 comment 0 points Most recent by KristenV January 27, 2021 7:30PMAccounting Technical Support
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Invoices can be customized but not the emailed templates that appear in your customer's inboxes. For example, perhaps it's useful to display the Business name or contact; Having an clearly named button to show invoice details. As a WaveApp user, would you rather:PWM Poll 1 view 1 comment 0 points Most recent by William_Switzer January 27, 2021 1:45PMSales & Invoicing Technical Support
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When enabling payment by credit card, please allow a further option that, when enabled, automatically adds a "Credit Card Processing Fee" item to the invoice if the customer chooses to pay by card. The cost of the additional item is calculated so that the original invoice total will be received by the Business, with Wave still taking its…Virgil 271 views 12 comments 9 points Most recent by Captain_Fix_It January 27, 2021 5:04AMSales & Invoicing Feature Ideas
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Is it possible to have different invoice numbering for different customers. I would want to be able to select the customer, and have the invoice number advance for that particular customer's invoice-numbering scheme.Milo 51 views 3 comments 0 points Most recent by Milo January 27, 2021 12:01AMSales & Invoicing Feature Ideas
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Hi, I have 5 food carts and all my income is in cash. I don't invoice any of my customers. What is the best ways to show my daily, weekly etc cash sales by cart as cash income?Juanito1971 13 views 1 comment 0 points Most recent by JulianP January 26, 2021 10:02PMSales & Invoicing Technical Support
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Based on the 1099 Instructions, an LLC treated as an S-Corp does not receive 1099's. One of my subcontractors returned their W-9 as LLC with "S" Classification, and stated "As we are an LLC, (not incorporated) you should be sending us a 1099." They're a larger professional company with an accounting department, but are they cor…pvel3 11 views 1 comment 0 points Most recent by Mikeg January 26, 2021 8:51PMAccounting Technical Support
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I am new to Wave and starting a business to sell items locally that I source from pallet liquidators. Can someone point me to a template or model for setting up my wave accounting?BobDavid 1 view 1 comment 0 points Most recent by AlexL January 26, 2021 8:48PMAccounting Technical Support
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i use space coast credit union for banking, i have not been able to connect at all, you use plaid and i have and use this service with other things and it works fine no issue, i have tried to manually upload statements and they donot fit the paramaters of your upload forms i am lost and totally frustrated, i have tried every way i can think , …he1p1m1ost 31 views 1 comment 0 points Most recent by JulianP January 26, 2021 8:40PMAccounting Technical Support
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I have invited a user to my company. They are uploading/updating the Customers section. Why is it that when they add a customer I am not able to see the update on my Customers tab considering I am "Admin"Digix 21 views 1 comment 0 points Most recent by JulianP January 26, 2021 8:22PMSales & Invoicing Technical Support
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Hello, we want to be able to connect Wave to ADP similar to bank accounts to read transactions and manage them, pls advise. ThanksAcctg 411 views 5 comments 1 point Most recent by JulianP January 26, 2021 8:00PMHelp Center Discussion
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Hello. My name is Elena and I work at Upswot. We are currently working on the integration of your Wave system. We are interested in getting access to API methods, where there will be information about such reports as: Balance Sheet, Profit and Loss Statement, Cash Flow Statement. As I understand, for access to such information, we must become par…Elen 61 views 1 comment 0 points Most recent by PaulC January 26, 2021 3:26PMAPI & Integrations Technical Support
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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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Hello all, for some reason when I try to scroll down my list of customers on the phone app it will not move. So I can only see the first couple of customers on my list. Any help would be greatly appreciated. Thanks in advance.Bill1972 1 view 1 comment 0 points Most recent by JulianP January 25, 2021 8:50PMSales & Invoicing Technical Support
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I don’t see how I creat my payments account send invoice my customer pays via ach then 7 days later my payment is successful and now all of a sudden my account is at risk. I don’t think so not 7 days apart and how convenient it’s all of a sudden a risk at the exact same time the payment was successful. I’m needing my money now it stayed on the suc…Etosha 11 views 3 comments 0 points Most recent by AlexL January 25, 2021 8:40PMHelp Center Discussion
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I was reading on line that Wave may at times hold funds. I am in a business that at times transactions can be quite large. I was really concerned reading this. Can you explain how I can avoid such a situation moving forward? I just joined and concerned about this risk? What percentage of your clients do you do this too?CristinaJAC 1 view 1 comment 0 points Most recent by JulianP January 25, 2021 8:32PMHelp Center Discussion
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How to identify duplicate transactions? Or Where are the duplicate transactions flagged?Nilay_Shah 251 views 4 comments 0 points Most recent by Jordan_S January 24, 2021 6:39PMAccounting Technical Support
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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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We are a small non-profit co-op and have 2 GIC's as investments and when they come due the interest automatically gets rolled into them. Our problem is how do we record the interest. We've tried doing it as a journal entry and it ends up setting it as new account and the original GIC amount doesn't change?Potterynerd 61 views 2 comments 0 points Most recent by Potterynerd January 23, 2021 9:58PMHelp Center Discussion
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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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Hi we have an LLC with 3 different DBA's under it. What would be the proper way of setting this up in Wave?
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I'm having trouble reconciling my December checking account statement with my Wave account. There were many checks written/recorded in Wave in December that were not cashed until January and as such do not appear on my December statement. Wave is asking me to reconcile between the account ending balance in my bank statement and the ending balanc…jgold723 11 views 0 comments 0 points Started by jgold723 January 22, 2021 8:09PM Accounting Technical Support
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Sorry, I posted this in the wrong place. I'm going to repost in the accounting area.jgold723 1 view 0 comments 0 points Started by jgold723 January 22, 2021 7:37PM Help Center Discussion
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Is there a way to search for a specific invoice via the order number or any other text in the invoice? I only have one client that I subscontract to.. and they often ask me to resend an old invoice... Currently I'm having to guess the date and open many invoices before I find the correct one... It would be so simple to just search for the ord…racer 898 views 13 comments 2 points Most recent by MBiT January 22, 2021 7:28PMSales & Invoicing Feature Ideas
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Dear team, the amount for account receivable not tally with trial balance. Kindly assist my problem as soon as posible.Thomas_KC5566easy 11 views 1 comment 0 points Most recent by JulianP January 22, 2021 7:13PMHelp Center Discussion
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Hey all! This seems like a really silly question but I've spent an hour trying to find the answer... When I'm in the Transactions section, is there a way to sort by dollar amount??? and Is there a way to search by dollar amount? Thanks! Bryceohio_bryce 11 views 0 comments 1 point Started by ohio_bryce January 22, 2021 7:03PM Accounting Technical Support
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Employees: How to view your pay stubs, tax forms, salary & vacation informationIf your employer uses Wave Payroll, they have the ability to send you an invite to Wave, which allows you to view payroll-related data, including your salary, vacation policy, pay stubs, and tax fo... Read the full story hereSystem 1.3K views 1 comment 0 points Most recent by Rob_Webb26 January 22, 2021 6:31PMHelp Center Discussion
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I just want to see if I can get my brain around this so please bear with me as I am no expert. We have a line of credit that we work out of and in Waves, it was originally set up incorrectly as an asset account. So, I created a new liability account for the LOC and moved the transactions I needed into this new account as of the first of the year.…filch 271 views 2 comments 0 points Most recent by filch January 22, 2021 6:21PMAccounting Technical Support
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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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How to pay sales tax in WaveYou've tracked the sales tax you've collected, and now you're ready to pay it. Here's how to enter it in Wave. Recording a sales tax payment There are two different ways to record the payment of a ... Read the full story hereSystem 2.5K views 21 comments 0 points Most recent by marketing_consulting January 22, 2021 5:28PMHelp Center Discussion