Add a new sales tax from an invoice, bill, or transaction

Add a new sales tax from an invoice in your web browser

Add a new sales tax from a bill in your web browser

Add a new sales tax from the Transactions page in your web browser

Add a new sales tax from an invoice in the Wave mobile app

Add a new sales tax from an invoice in your web browser

On the left navigation menu, click Sales & Payments > Invoices to create a new invoice.

  1. Once you've added an item on the invoice, click Select a tax.
  2. Click Create a new tax from the drop-down menu.
  3. Fill in the details about the tax:
    1. Enter the tax name.
    2. Enter the tax rate (only the number, not the % sign).
    3. Enter your tax number (this is optional).
      If you'd like to have your tax identification number appear on invoices in which you've charged tax, select the box next to Show tax numbers on invoices.
    4. If the tax is recoverable, select the box next to This tax is recoverable.
    5. If the tax is a compound tax, select the box next to This is a compound tax.
  4. Click Save.

Add a sales tax from a bill in your web browser

On the left navigation menu, click Purchases > Bills to create a new bill.

  1. Once you've added an item to the bill, click the Tax field and select Add new tax from the drop-down menu.
  2. Fill in the details about the tax:
    1. Enter the tax name and abbreviation.
    2. Enter the tax rate (only the number, not the % sign).
    3. Enter a description (this is optional).
    4. Enter your tax number (this is optional).
      If you'd like to have your tax identification number appear on invoices in which you've charged tax, select the box next to Show tax numbers on invoices.
    5. If the tax is recoverable, select the checkbox next to This tax is recoverable.
    6. If the tax is a compound tax, select the checkbox next to This is a compound tax.
  3. Click Save.

Add a sales tax from the Transactions page in your web browser

  1. On the left navigation menu, click Accounting > Transactions, then click on the drop-down arrow to the right of a transaction, and select Edit more details.
  2. Underneath the Category dropdown box, click on the Include sales tax link, and then the Create new tax link.
  3. Fill in the details about the tax:
    1. Enter the tax name and abbreviation.
    2. Enter the tax rate (only the number, not the % sign).
    3. Enter a description and your tax number (optional). You can also choose whether or not to display the tax number on your invoices.
    4. Check the box next to This is a recoverable tax if the tax is recoverable.
    5. Check the box next to This is a compound tax if it is a compound tax.
  4. Click Save.

Navigate back to the Transactions page (Accounting > Transactions). You can now include the new sales tax on your transactions.

Add a new sales tax from an invoice in the Wave mobile app

Bills and transactions are currently not available in the Wave mobile app. Log into wavepps.com on a web browser to access these pages.

  1. Log in to the Wave mobile app.
  2. Tap Invoices on the bottom menu.
  3. To create a new invoice, tap the + icon at the top right. To edit an existing invoice, swipe left on an invoice row, then tap Edit invoice.
  4. To add the sales tax you create to a new item, tap Add items. Or, tap on an existing item.
  5. Tap the Sales taxes field of the item, then tap Add new tax at the bottom.
  6. Enter the tax name and tax rate.
  7. If the tax you’re collecting is recoverable, select the box next to This is a recoverable tax.
  8. If the tax you’re collecting is a compound tax, select the box next to This is a compound tax.
  9. Enter your Tax ID/number (this is optional).
    To have your tax ID number appear on invoices in which you've charged tax, select the box next to Show tax ID on invoices.
  10. Tap Save.

The sales tax is saved to the item and will automatically appear on invoices when you add that item, but you can also add the saved sales tax to other products or services. All sales taxes you create can be found under More > Sales taxes in the Wave mobile app.