How to Categorize Your Transactions in Wave - Wave Accounting

Wave Accounting

Brand : Wave Financial

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T&C
Users with registered businesses can purchase goods from merchants on the platform to satisfy their business needs. Users are not permitted to utilize any products acquired through the platform for resale, advertising, business, or further distribution.

For each purchase made, users will receive a Tax Invoice (or 'GST invoice') that includes specific details such as:
- the GSTIN of the user associated with their registered business, and
- the specified Entity Name for their business.
It should be noted that not all products are eligible for GST Invoice. Only the products displayed by participating sellers with the 'GST-based Invoice Available' callout on the product description page would qualify.

Certain goods and services are not eligible to get a GST Invoice, including items with VAS, i.e., Value Added Services (e.g., Total Mobile Protection/Assured Buyback) and those involving an exchange offer at the time of purchase.

Users must ensure the accuracy of the GSTIN, and business entity name provided for the GST Invoice. Requests for corrections into GST Invoice would not be accommodated by Techjockey.com or any Seller, and any issues arising from user-provided information are the sole responsibility of users.

Techjockey.com is not liable for the GST Invoice or any associated input tax credit. To efficiently claim an input tax credit, users should select the registered place of business address as per the GST authority's data and follow the provisions of the GST Act and rules.

To claim an input tax credit, the delivery and billing addresses must match. Furthermore, input tax credits will not be granted if the delivery address and GSTIN on the invoice are from different states. In case of incorrect GST details provided during the order placement, the order will be canceled automatically.
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Wave Accounting is cloud-based accounting software for small business. Approved by accountants, Wave accounting software helps organizations, bookkeepers, and entrepreneurs sync their bank accounts, manage expenses, comply with taxation provisions, balance books, and optimize multiple accounting op...Read more

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Wave Accounting Software Pricing, Features & Reviews

What is Wave Accounting?

Wave online accounting software helps business owners with year-end taxation and offers automated sales tax calculations. Organizations can utilize the system to duplicate invoices, send online payment receipts and manage their account receivables along with payables. With Banking integration, Wave Accounting can be used for monitoring multiple transactions and eliminating manual data entries. All accounting related data, stored within the solution, is encrypted via 256-bit encryption codes.

How Does Wave Accounting Software Help Enterprises Get their Accounts Streamlined?

Managed Customer Data: The bookkeeping software can be used to save customer-related accounting data and invoices.
Quick Turnaround: Enterprises can send estimates and turn them into invoices in real-time upon approval from customers.
Payment Reminders: The system can send automatic reminders to prompt customers for payment. Businesses can also use the solution to send statements for following up with overdue accounts.
Online Payment: Enterprises can accept online payments, through bank transfers and credit cards. Owners can customize terms for payments and also automate recurring invoices for regular customers.
Invoice Customization: Business owners can personalize invoices with the available invoice templates, drag-and-drop line items, and customizable columns.

Wave Accounting pricing

Wave Accounting price is available on request. To know more about pricing, feel free to request a callback. Our team will get back to you within one or two business dates.

Benefits of Wave Accounting Software

Recurring Payments: Businesses can set up payment accounts and link them with their credit cards. The software allows handling both manual and automatic billing. Owners can configure the system to auto-send email receipts to their customers.
Personalization: Organizations can personalize the generated invoices as per any day of the week or month. They can also customize the GST software according to any specific time zone, or invoicing frequencies.
Easy to Use: With an intuitive interface and customizable dashboard, Wave Accounting is simple to use. Further, with free Wave accounting demo and video tutorials, even individuals can use this software easily.

How Does Wave Accounting Software Work?

With Wave accounting software license, you will get sign up credentials. As soon as you sign up for wave accounting software, you need to update your basic business details. Soon after the Wave accounting login, you can start using its features like bank reconciliation, sales and purchase management, online credit card payment, and more.

Key Features of Wave Accounting Software

Wave accounting features can be broadly classified into:

Custom invoice creation
Online payment
Purchase management
Manage bank accounts
Sales tax report, customer report and more

Who Can Use Wave Software?

Wave accounting system is ideal for freelancers, startups and SMBs. Through Wave payments, businesses can take payments directly from their customers through credit card payment link mentioned on the invoice.

Wave Accounting Pricing & Plans

Wave Accounting price is available on request

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Wave Accounting Features

Dashboards

The online accounting software features an intuitive dashboard which enables enterprises to get an organized view of their

Sales

The system creates a sync between sales data and invoice related information. A drop-down menu of the software comprises links to

Billing & Invoicing

With this accounting solution, enterprises can save credit card details of recurring customers and manage instant recurring

Cash Flow Management

Enterprises receive real-time notifications when invoices, get viewed, or paid by individual customers, for better cash flow

Expense Management

Businesses can use this software to analyze their financial transactions, monitor purchases and payments, and manage overall

Multi Currency

Organizations can configure specific payment accounts to operate in a currency different from their default set up.

Online Banking

With banking integration, owners can link the company’s bank account with Wave Accounting. The program tallies all financial

Payroll Management

Organizations can automate pay runs by adding metrics like employee details, taxation profiles, payroll history, and employee

Tax Management

With its online accounting solution, businesses or accountants can prepare detailed accounts reports, control audit trails,

Purchase

Accounting

Organizations can utilize this online program to monitor expenses, balance books, manage reconciliations, and prepare for

Analytics & Reporting

Enterprises can generate multiple comparative reports on their financial health, including accrual vs. cash, foreign currency,

Wave Accounting Specifications

Supported Platforms :
Device:
Deployment :
Suitable For :
Business Specific:
Business Size:
Customer Support:
Training:
Language:

Ubuntu Windows MacOS Linux
DesktopMobileTabletiPad
Web-Based
All Industries
All Businesses
Small Business, Medium Business, Enterprises
Email, Communities
Videos
English

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Wave Financial Company Details

Brand Name	Wave Financial
Information	Wave offers tailored financial services (payments, payroll) and award-winning free software for small/micro-businesses around the world.
Founded Year	2009
Director/Founders	James Lochrie, Kirk Simpson
Company Size	101-500 Employees
Other Products	Wave Invoicing