JulietteStapletonQ: Hi, I have been using Wave Apps for my needs, I am wondering if the following features are available on your ...
platform within the deal:
Recurring invoices feature
Ability to record and categorise income/expenses
Basic accounting reports for end of year reports
Charging in different currencies (mainly EU€/US$)
I know this is a very plain requirement, my accounts are super simple, but as Wave is removing support outside US/Canada I am looking for a new platform from 2021. Thanks
Hello,
Thanks for the interest in EzzyBooks. To answer your questions chronologically:
1. Yes you can create and schedule recurring invoices with EzzyBooks.
2. We are adding chart of accounts where you will be able to declare Assets and Liabilities and generate much more intuitive and accurate financial reports. Which Accounting report do you use most so we can determine if it's present or we will have to add it in the future?
3. You can connect to Stripe Payment, Authorize.Net or PayPal which allow you to charge in different currencies including USD and EUR.
I just need a simple balance sheet report for the revenue earned and expenses that went out during a year with various expenses categories,
Also while we are on this, do you have a section to record transactions (expenses and income) where I could categorise the expenses/income and also which source (cash on hand/bank transfer/Paypal or Stripe) was used for each transaction? And then the report would be able to show these sources also?
This is pretty much what I use Wave apps for at the moment.
I`m also with Wave which have the best report I ever seen. I`ve tried a few accounting paid systems. I have to do VAT quarterly and in WAVE I just click Report, choose dates and Voila, all clear and I know what I must pay or eventually will receive back. So, not only yearly but quarterly report is important.
Another thing that Wave failed in. Recurring Bills or I would say monthly spending. For example: mobile phone, internet etc. Wave never implemented this feature which made me to duplicate each month the same things manually.
You must have this now, because there were too many deals with promises here and great road maps and then nothing happened. It@s like being in business but half died.
Hello,
Thank you'all for the wonderful questions.
It can be frustrating when you are promised a feature and don't deliver. That's why we will be upfront with everyone. We've created a balance sheet report in our next major release. If you send me an email at Kelvin@EzzyBooks.email, I will send you screenshots of the new reports. We have 12 new reports coming the next release that includes Balance sheet, profit and loss, etc. Shoot me an email and I will show you the new reports.
As for the question about recurring expenses, yes we have the feature currently. You can see for yourself from the video below;
https://www.youtube.com/watch?v=vhECzqhpkhY