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How are negative settlements sent to Wave?
How are negative settlements sent to Wave?
Updated over a week ago

Sometimes settlements are sent to Wave with fees and costs being higher than the revenue (negative settlements).

Unlike Xero or QuickBooks, Wave does not allow us to create a Bill via their API. Until they do, we have a workaround.

STEP 1. Find the (bank/credit card) payment transaction you made to Amazon for the settlement period in Accounting > Transactions.

STEP 2. Select Choose a Category and then Refund Sent for an Invoice in Wave.

STEP 3. Choose the invoice sent from taxomate that matches the transaction.

STEP 4. Mark as Reviewed.

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