Request a payment through an invoice in Wave accounting


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Request a payment through an invoice in Wave accounting

Video Transcript

Speakers in this video: Jimmy (GetApp) and Brooke (Wave)

Brooke: We actually have a new payment product we're rolling out in-house here. It's only available in the US right now. It's basically - you just - as simple as clicking your "Payments" tab here on the left. This is an account that's already been set up here. You can actually review any payment that you've received so far. You can actually see the exact cart folder name, the exact amount you're receiving after your fees, what ends up in your pocket here, and the bank it will be deposited to. Every detail that you need right in front of your face here. If you need to issue refunds, it's as easy as clicking a button here. You can actually edit the amount as well. If you need to add notes, you could. You could issue a partial refund. If you do issue a full refund, you actually don't incur any fees yourself as a business owner with Wave, which is nice. Separately, under this tab as well, you have "Bank Transfers." If you received multiple payments in one day, you actually receive a lump sum to your bank account that will include several payments. You can see there's a completed bank transfer here. You can see there's multiple payments from different customers you might have and the total bank transfer's amount here at the bottom as well. You might just easily layout the fees that you might have, the total that ends up in your pocket at the end of the day.