Well in the last edition, we have seen the benefits of going digital for your business. Now, to help you get started, we’ve prepared this one for you so you know where to look and what to do. Let’s jump right into it. 
Create sales tax if your business is applicable to any, say GST, SST, anything. You can further customise your invoice by setting the payment terms, title, memo, items, units, price, and etc. 
Do note that Wave does allow you to create recurring invoice too, if you need it. Then, you can directly send the invoice through the app. 
That’s right. But don’t worry, it doesn’t have any authority to handle any transaction. This feature is very helpful when you are looking for a matched record between your accounting data and your backend. 
Alright, your business is doing good, and you have somebody else handling your account as well, or you just want them to be able to look at your account, either way, Wave lets you add any number of users to your current account and you can set their roles. 
Sooner or later, you’ll have to know all these things and when you reached that point, congratulations, your business is really growing and making a lot of money. Then, these features will make sense to you. In the Chart of Accounts, you can manage all your assets, liabilities, credit cards, expenses, and equity. 
Have a small business to run? Well, now you know what to use. :)
Accounting Software
Yes, the most important part of the digital transformation is transferring all the bookkeeping and the balance sheet to digital. True, because of the current legislation, you still need to keep some of the hardcopy documentation. Well, that’s fine, for audit purpose. But for business processes, it’s time to have a proper, trackable, and convenient system to handle all your money. Just so you know, using MS Excel might be fine, but going forward, it is an unwise step to take. And you have to be really good at it to be able to fully utilise its functionalities. What we want to share you, is something even a technology dinosaur can use. Presenting, Wave Apps, the best FREE accounting software there is in the market! No, before we go further, do know that this is not a paid review. It is just a great app that we voluntarily write this piece to know about it. That’s what happens when you have a great app.What can you do here?
Invoicing and Sales Tax
Create sales tax if your business is applicable to any, say GST, SST, anything. You can further customise your invoice by setting the payment terms, title, memo, items, units, price, and etc. Do note that Wave does allow you to create recurring invoice too, if you need it. Then, you can directly send the invoice through the app. Keep Track of Your Invoices and Record Payment
Connect Your Bank Account
That’s right. But don’t worry, it doesn’t have any authority to handle any transaction. This feature is very helpful when you are looking for a matched record between your accounting data and your backend. Adding Other Users
Alright, your business is doing good, and you have somebody else handling your account as well, or you just want them to be able to look at your account, either way, Wave lets you add any number of users to your current account and you can set their roles. Accountant’s Tool
Sooner or later, you’ll have to know all these things and when you reached that point, congratulations, your business is really growing and making a lot of money. Then, these features will make sense to you. In the Chart of Accounts, you can manage all your assets, liabilities, credit cards, expenses, and equity. Add Customer and Vendor
Add a Product or Service
Generate Reports
Integrations
Create New Businesses
Have a small business to run? Well, now you know what to use. :)
