To ensure accurate transaction records, you can no longer select Property, Plant and Equipment, Other Long-Term Liability, and Business Owner Contribution and Drawing accounts as a Payment Account for your invoices. Payment account refers to where you deposited that payment: For example, did you deposit it into a chequing account, or did you put the cash into your cash box (“Cash on hand”)? Payment method refers to how your customer chose to pay. If your customer is paying you outside of Wave Payments, you’ll need to record the payment manually. This also syncs with your accounting to make it automatic and save you time. If you have Wave Payments enabled and your customer pays you online, Wave will record your customer's payment through your invoice automatically. Click to the next page to learn about approving your draft → Turn on payment processing to get paid quick (optional)Ĭheck out our guide to Wave Payments to learn how to turn Payments on and accept payments through your invoices. When you preview the invoice or send it to your customer, the hidden sections will not be displayed. While you’re creating or editing an invoice, you will still see the columns you’ve hidden from your customer’s finished invoice. Note: Some of the information you may choose to hide, like Price or Amount, is still important to the accounting that Wave does on the back end for balancing your books, even if you don’t want to show that information to your customers. If you want all your future invoices to have the same labels, select Apply these settings for all future invoices.Select if there are any columns you want to hide on the finished invoice.Choose the column title name that fits best for your business (like “Products” vs.When creating/editing an invoice, select Edit columns.The footer is typically used for information that stays consistent when sending to different customers, such as tax information or a thank you message. Nothing is sent to your customers or recorded in your accounting until you approve the draft. You can save your work at any time after the required fields have been entered. If you have more items to add to this invoice, Add an item and repeat the steps. If you haven’t added your taxes, click Select a Tax and enter the tax name and tax rate in the provided fields.
0 Comments
Leave a Reply. |