Wave Accounting Software for Small Business - Course 2 - Customers, Invoices, Revenue | Larry Aiello | Skillshare

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Wave Accounting Software for Small Business - Course 2 - Customers, Invoices, Revenue

teacher avatar Larry Aiello

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Taught by industry leaders & working professionals
Topics include illustration, design, photography, and more

Watch this class and thousands more

Get unlimited access to every class
Taught by industry leaders & working professionals
Topics include illustration, design, photography, and more

Lessons in This Class

10 Lessons (45m)
    • 1. Wave Promotional Video Skillshare class 2

    • 2. Creating Customers in Wave revised

    • 3. Set up product service sales tax

    • 4. Create invoice and customization

    • 5. Recurring Invoices

    • 6. Creating Estimates

    • 7. Checkouts

    • 8. Customer Statements

    • 9. Sales Section recap

    • 10. Final Wave 2

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About This Class

A small business needs to have a good accounting software program to help keep track of its finances and to help make decisions.  You are setting yourself up for failure if you don't have useful and accurate business information.  This course will go over an accounting software program that can help you organize and take control of your finances.

Wave Accounting is a software package designed for the small business that is FREE to use and is cloud-based.

In this course we will look at the features and functions of Wave Accounting Software and how it can help your business.

This course, the SECOND course of a FOUR PART Series and will go over:

  • Creating Customers in Wave
  • Setting up Sales Tax
  • Creating Invoices and Customization
  • Recurring Invoices
  • Creating Estimates
  • Checkouts - Accepting Payments on your Website
  • Customer Statements

Designed for the Entrepreneur or Small Business Owner

I have designed this course so that you can learn how to handle your own bookkeeping function if that is your desire and you want to save money on hiring an accountant.

About the Instructor

I am not affiliated with the software.  I am an accounting professional with over 30 years of accounting experience and I can teach you how to use the software.  I have been using the software since 2015 and discovered it when I wanted to research for a client a more affordable solution than QuickBooks.


So join the course today and learn more about this powerful financial accounting software!

Meet Your Teacher

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Larry Aiello


Hello, my name is Larry Aiello and I am an accounting professional with 30 years accounting experience and a graduate of the University of Florida.

My experience covers a wide variety of industries including real estate, healthcare, financial services and doing a lot of different tasks related to the business world. And I’m also a big geek in figuring out how the computer can improve our lives.

I really enjoy teaching and sharing my knowledge with others no matter what the subject matter.

I grew up speaking Italian at home and developed a love for the Italian language at a very young age as we would travel back-and-forth every year to visit my family and friends. Early on I realized that knowing another language is indeed a gift. It allows you to have relation... See full profile

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1. Wave Promotional Video Skillshare class 2: Hi. Are you a small business owner that has overwhelmed by keeping your accounting records straight and looking for a program or system to help you without breaking the bank, then I might have the perfect solution for you. My course will go over a program called wave accounting, wave apps.com, which is a cloud-based solution that is perfect for many small businesses. And the best part is that it is free. With the program you can bill your customers, receive payment by credit card for a small fee like PayPal. Organize your finances and assess how your business is doing financially. All the standard accounting reports that you or your tax person needs is part of the program. So in the second course of the wave accounting program series of four courses, we will look at adding customers, products and services. We will set up sales tax. We will create invoices using templates and we can also set up recurring and voices. We would create estimates and proposals for your customers. We will accept payments on your website or you can even do it by e-mail. And we will also look at how to send your customer statements. So thanks for stopping. By my name is Larry I yellow and I have over 30 years of accounting experience. And I can help teach you this program in about two hours of class instruction. So what are you waiting for? Get started today so you can get a better handle of your business finances. And I will see you inside the course. 2. Creating Customers in Wave revised: Good day and welcome back. This is Larry ILO. So in this lesson we're going to look at adding customers to your wave database. Customers will be individuals that you want to send out bills. Now I believe it's a good idea to add customers, even if you will be using the billing feature or not. And I'll show you why later. So here we go. We'll add some customers. Now there's two ways to do it. And first way we will look at will be importing them. So go to the sales menu and then go to the customer's menu on the left. And you can either import them from a CSV file, which is basically a Microsoft Excel different version of Microsoft Excel file. You can import them from your Google contacts or you can add them manually. First, we will add them the CSV file. So here is where you will choose the file that you want to upload. Here they have instructions, now they have a template you can download. And I will download the CSV template that you need to get your information into the right format before you upload it. Here it is on the bottom left. And when we open it, it will look like this. So it will have a field for company name, firstName, lastName of your contact, email information, phone address, city, postal code, or country code, and currency codes. And notice there is not a code for a state, or a region or a province. So we'll head back to Wave here and we'll head on down, look at the instructions. And here are the country codes and the currency codes that you need to use for those fields in order for the data to be valid. So for the country code that will take you out to what Wikipedia page can scroll on down. And these are universal codes on the left there, ISO code, I guess international standards codes. You need to use these abbreviations in this column right here. If you are, if your customer is located in any of these countries. And a lot of them make sense. It for Italy, I L, for Israel, so on and so forth. Then we'll head on back. And we'll use this page for the currency codes. Usd will be for US dollars, CAD will be for Canadian dollar, so on and so forth. So I'm going to fill out all this information here and I will use this as a test scenario. This will be test customers that I will import on this file. And here notice I have the Country Codes here and the currencies here, I have different ones. So I will include both of these files in the resources section of this. Lesson. So you can look at to see what the format is that it needs to be in. And I'll have these as an example that you can refer to for when you are creating your import for the customers, for your customers, for your business. If you're converting from a program like QuickBooks for example, like I'm doing for the like like I did for the speech therapy client that I have. You can go into customers here and here is the customer contact list. I could just export this into Excel. And then from there I can take that information and create the CSV file that I will upload. So now I'm back and wave and I am going to select that file that I'm going to use for the class example I selected it and I will upload and preview the customers. Here you can see it's showing me what is going to be imported. This is the information that I typed in for customers on that CSV file. And I will look at them if there were any errors, you would see them here. So I will click yes and proceed with the import. And it says, hurray, we successfully imported for customers. So now I can view these customers and now I can go in and take the information. So here's the information that was on my CSV spreadsheet. But now that I have a country, now the province and state will pop up and I can pick the proper province. In this case, it will be Ontario. And here's some other information that I can add for this customer and I will save it. So this is a feature I'm not really fond of. I mean, if you have a few like this, you can go in and adjust the state after the fact. But I wish they had just given this a free field instead of having a dropdown. I wish they just made it a blank field that you can put this in from the beginning instead of having to go back and adjust that field. If you have many vendors, you know, this might be a task that to outsource to a VA or something of that nature. So I will just fix this one right here. So now those are my four vendors that I have imported through the CSV file. So here you can see you can add one and manually the only required field as the customer name and the novel key and the rest of the information. It can the currency, the country and the province or state. And then I will save this. And now I should have five customers for that I imported and one that I entered in manually. So as I mentioned before, it's a good good thing to add customers. You can track who was paying you and who's not paying you, even if you're not using the invoices function. Here, you can just go to your transactions and you can categorize your transactions by customer. Your banking deposits. Just take a banking deposit. Let's say you can associate it now with a customer. I could pick one of the customers that I that I imported. I'll save it, solve code that transaction and code it as it relates to that customer. Now if I go to Reports, I can see the income by customer and they're goes at $25 that I slated to Canada Supply Company. And also I can go to my general ledger and I can see their reports to count transactions. This will pull up everything, but I can just do by Contacts felt thereby Canada Supply Company update this. And here's that twenty-five dollar transaction that I picked them. So it's still a good idea to create clients so you can keep track of who's paying you, how much you're earning by client. And you can search for the transactions. That makes it a lot easier if you're keeping track of everything by client, even if you're not using the invoicing feature in wave and using something else. Like let's say your invoicing through PayPal or maybe FreshBooks or some other service. You can still set up customers and keep track of everything buy at a customer level. So we will finish it up for this lesson and we will continue on in the next lesson. Thanks for joining me today. If you have any questions, just leave them in the discussion board. Thanks. 3. Set up product service sales tax: Welcome back, welcome back to another lesson. So in this lesson we are going to go over invoicing, which is a really nice feature on Wave. And it's one that many small business owners utilize. It's, it's one of the main reasons why you could be using this software or should be using this software for your business. So we'll get into it right away. First thing you want to make sure of is just click on this except Payments button right here. And this will show you the ways of you can get paid by credit card. And here it goes over the fees for that or accepting ACH transactions and it'll go over the fees for that. It's very similar to what PayPal charges if you were to utilize them for collecting invoices. So I will click right here and turn on payments. So here now you see online payments are enabled. Here it gives you a few options. You can create an invoice, create a recurring invoice or Checkout, which will create a link that you can put on your website that you can have your clients click on and it will take them to a checkout page or you can email your clients that link. And it will drive them to a page on your website. Down here. If you wanna get verified, you can finish this Payments process. It'll go through a series of questions, your business type, tax ID, number, name, and address, so on and so forth. It will ask for your banking information so that way you can get paid quicker. It will verify your information, but we're going to skip that. And we will actually skip we're going to set up an invoice. But first, I want to do a couple of other tasks. I want to create a product or service that we are that I'm going to sell. So we're going to skip invoices for now because we we have our customer set up. There was a previous lesson where I imported some customers, but I want to add products and services. So I will go here. Here you can see I haven't added any products or services yet. So I'll click here on the top right, add a product or service. So I will add consulting services. I will write a little description here, salting services to various clients. Lets say I bill out a $100 and hour and I am selling this. And here I can pick the GL Account that I want associated with this. So I will click this, this is in my chart of accounts. I will just select consulting revenue and sales tax. I'm going to add a sales tax for this service. So here I'm going to add one. Let's assume I'm in New York. I will add this name, New York tax. And y, t will abbreviate it. Tax rate, we'll say it's 8%. Description. Description will be taxes paid to New York tax number I don't know. Let's make it 11 dash 111111. Now here it asks is if this tax is recoverable, I'm going to put not going to check the soft. You can read more about it. But basically it's netting against what you're paying. You can net against what you're paying to New York. Let's say I paid sales tax on an invoice to a vendor, not a client that I'm receiving money from, but from a vendor, whether or not I can net what I paid against what I am collecting. So you can check with your accountant, your CPA or chartered accountant, whatever the case may be, check and see what is applicable for you. I'm going to leave that unchecked. I will add that tax. Then I will save this product or service. So there you see I have Consulting Services setup as a product or service that I am selling. Now let's go set up another sales tax. Go down if you want to set up another sales tax. So I set one up for New York, let's say if I have clients in New Jersey, I'm going to need to be paying them tax in New Jersey. So you'll go to Settings here. And then make sure you click on the sales tax menu here in the middle. And we are going to create another sales tax for another taxing authority. This time we will put New Jersey, and the abbreviation here will be N JT description. New Jersey tax for tax number. We'll put 22222222. Well, uncheck the taxes recoverable box. Again, check with your accountant regarding your particular jurisdiction and we'll put 10% for this one and we will save it. So there you have it, there you see we have taxes setup for two different jurisdictions. You can add more if that is necessary for you. And we will stop this lesson right here. So you saw how we added a product or service to be built out to our customer. And we also length a sales tax with it. And we will continue on and invoicing in the next lesson. Thank you for joining me today. 4. Create invoice and customization: Welcome back and thanks for joining me today and this lesson we will go over setting up an invoice. So let's set up and we're going to customize the look of our invoice. So we will go into settings and now wants the Settings menu pops up, make sure you go on invoice customization. So here you can pick from a few different types. You have contemporary, classic or modern. We will stick with contemporary. And I'm going to pick a, choose a logo. I have a, I have a test logo here on my desktop that I will upload. So here I have the file chosen. That test logo will look like this. Scroll down, you could pick, change the color if you want. Here are some items you can set on your invoices. So now I'm going to zoom in here because this part is important. Here are your payment terms. You can have due on receipt. You also have other options. Do on fifth within 15 days, 304560, or 90 days. So here you can set up a default item. I'm just going to leave it on do on receipt. Then I'll zoom back out. We will just call this consulting services instead of invoice footer, we can put in a message. And here's what it looks like on the estimates. For your estimates will put a default heading about this estimate. Or services. Footer. Hope to earn your business and there's some other items you can go through or invoices. We will click on services, will change the units to ours. User rate for the price. And there's some other options here will save this as is. And now here it shows my logo After I saved it. So now let's go to the dashboard and we will create an invoice. So we go to sales, create an invoice that he'd seriously, I haven't created any invoices yet. So I'm going to create the first one. I will choose a customer. Call it New York distributors. Invoice. Number one, I could change this if I want. Now notice how the due date is today's date. This is because we selected due on receipt during our invoice customization. Here I will add an item, will pick the consulting services that we added in our services section, products and services. I'm going to build them out for ten hours, going to add the New York sales tax. I could have picked the New Jersey one if that was applicable. If you do work and different locales will pick that New York one. Of course, if it's not targetable, I can just click on the garbage item, that dispose item here and get rid of that sales tax. But I'm going to build it out to them. And here I can preview what it will look like for my customer. Here we put me here, we have consulting services from the test company that I have set up. Here's my address, here is the client's address. And here you can see they're going to be built $1080. We'll save that. Here are some more actions here. You can duplicate it, make it recurrent, exported as a PDF, get a shareable link, print it, customize it even further. Here's a nice feature. You can preview it as a customer. So here's what it will look like on a desktop for your customer. Here's what it will look like on a mobile phone for your customer. If they view it on the mobile phone, will go back to wave. Now this is a draft and voice. Here we'll scroll on down and we'll look Prove the draft. Here you have an option to send it to an email address. You can put in a message here. I will cancel that. We'll click on skip sending for now. We'll just mark it as sent. Here you can pick your payment options. And here you can set up some reminders three days after the due date, and we'll send an email reminder seven days, 14 days after, et cetera. And that's it. So now when we go to invoices, you will see that this one has been sent saying that it was sent even though I did not send it via email. It's due today, invoice number 100, and it shows me what is open. And here's a little dropdown feature. If I had invoices for other customers, I could filter by that. I can filter by all statuses, whether they are unsent sent, viewed, partially paid, are overdue. I can select the date range here, and I can select the invoice numbers here. So that will wrap up this lesson on creating an invoice and we will continue on in the next lesson. Thank you. 5. Recurring Invoices: Welcome back to another lesson. So in this lesson we will look at recurring invoices. These are invoices that you wanna set up for your customer. The few are billing someone every month, for example, a fixed amount of money on your invoice, then you can set up recurring invoices where way will handle that for you on a monthly basis. So I'm going to set up an example of me billing out some consulting revenue. Let's save to a client once a month. I'm on a consulting arrangement and I will set up a recurring invoice to be billed for the next year as that is the arrangement that I have with my customer, for example, or whatever arrangement you have with your customer, you can. And the occuring in voice at a moment in time or you can have it go on forever, indefinitely. So we'll take a look at under the sale section. If when you click on recurring invoices for the first time, it will take you to this screen and will in a little bit about it how you can even set up payments automatically using you're using your clients credit card information that is stored for future use. And here you can have flexible scheduling and of course it will have the professional invoice look and feel. So we'll click on create a recurring invoice. And it will take you to this screen. So we will add a customer, we will bill out for Florida distributors, for example. Payment due will just keep it on receipt. We'll add our consulting services. And we'll say every month. Let's just say we're building them out two hours every month. We will get rid of the sales tax. So here you see a recurring invoice for $200 a month. Here we can add another item if we wanted to hear, you could enter in some note. Thank you. We'll just put in thank you for your business and we will save and continue. So now the next part here is when you set up your schedule. We'll repeat this invoice on the first of the month, or you can pick any day, the last of the month, or any day of the month. Let's just say we want to do it on the tenth of the month. Create the first invoice on this date. And here you could say, Well, never ended, it will go on indefinitely, or you could set an end date. Let's say it will end on. And we could just so here I'm going to pick that it ends on January first, 2021. And here you can even pick this time zone that your client is located in. So it will generate at a certain time based on the time zone of your client. Pick US eastern. Here is a preview of what it will look like. Now, click on the Next button. Here you can enter in the credit card information and save it for future use. Or we'll switch back to manual payments. Here as an option. Allow my customer to pay each month invoice via credit card or bank payment. We will click on next. And here you can automatically send it, or you can send that manually each month to your client. And again, here's what it looks like. Here is the little Here is the note that we put, and it also has a standard note right here. And then going to the top here you have more actions. You can duplicate this. So now once I click on the manually send, I will click on the Next button. And here I can approve it and start recurring this invoice. And now you see you have activated a recurring invoice. So now when I click on the recurring invoices, I have one that is active. And here I have options I can view edit and that are duplicated. And this tells me all the details here. Next, then voice the amount, when it will start and when it will end, and if there had been any previous ones that had been built out. So that will end the lesson on recurring invoices and we will continue on in the next lesson. Thank you. 6. Creating Estimates: Welcome back to another lesson. So in this lesson we will go over the estimates feature in wave accounting. Now this is great if you're the type of business that sends out estimates. Perhaps you're a web developer or graphic designer, and you're sending out estimates to your clients. This can help you keep track of who you sent out an estimate to how much you've sent it out for. And it also can help you keep track of, hey, if my estimates are not being accepted, maybe on estimating the jobs too high or vice versa. If you're getting a lot of estimates accepted, maybe you can bump up your prices a little bit higher. So let's take a look at the estimates feature. The estimates is pretty much the same as setting up an invoice. If you came in from that lesson. It's very similar to creating an invoice. So we'll go right here, will create click on estimates. And here you see I have not created any estimates yet, but I will click on the top right to create an estimate. Now, if you remember, back when I set up the invoice customization here, I actually typed then that information is coming over from here. I typed in this part incorrectly, I misspelled it. I misspelled it here in the estimates setting. So when I create an estimate, it flows over to here. But it doesn't matter because I can just type over that and change it from what is in my settings into whatever I want on the actual estimate. Here, I'm going to just put in a number. You can come up with a numbering system. Perhaps you go with the year first, maybe 2019 dash one, that might be the first estimate of this year or whatever you come up with your own numbering system. Here I will pick a supply company. Let's pick on Florida just distributors. I can have it set an expiration date. I can use a customer PO number if I want. I can put a subheading. If I want. Maybe request for proposal, I could put in a memo here and I could add my consulting services. Let's say I'm going to estimate out at five hours for $500. If I wanna get rid of that New York tax, I will just click on that X button. And now you see the estimate is for $500. I will click on that. And here I have the option. I can edit this estimate. If I find there's an error on it, I can convert it to an a and an invoice. Here is the customer view. This is what the customer will say. You can print it or download it. Notice there is not an option for them to accept the estimate. It's one feature I do not like it would be nice if there was an except here I could send it with Wave. And when I do that, it will bring up this pop up. It brings in the address, the email address I have on file for the customer. I can type in a message. Please reply with a yes. To accept this estimate, I can click over here to send a copy to my email. I'm just going to cancel that out. Here is also a shareable link. And if I were to, again, this is what the customer will see if you were to email that there is not a place for them to click over here would be nice if there was a big button click Yes to accept. So you have to tell them to accept it in your email that you send it to them and had him back to the estimate. There is even some more information here. You can customize and set the faults, edit business information, duplicate it, export it as a PDF, print it, or delete it. And now let's go to the estimates screen and you can see this one is saved. And here I can do some of the same options. I can convert it to an invoice if you know that the customer has accepted it. And you can also filter here. I all statuses, all customers and date ranges. So it's a nice tracking feature if you do use the estimates function. So that will wrap up this lesson on setting. It's creating an estimate, and we will continue on in the next lesson. Thank you. 7. Checkouts: Welcome back to another lesson. This is Larry ILO, so we are still continuing on the invoicing section of the course. And in this lesson, we will look at a feature called Checkout. So right here it's checkout. Here they are in a beta process, but he still has the functionality. So check outs is accepting payments directly from your website, no coding required. And here is the fee for those accepting checkout. That will be it will send your client to a checkout page where they use their credit card. You don't even need their credit card information. They just do it securely on the site and it will send you a payment. So let's create our first checkout right here. So what product or service are you selling? We will type in consulting services. The price will be at a $100 per hour. Now here's the income account that we want it to go to in our general ledger. We will select consulting revenue tax. I'm not going to select the tax. We'll just leave that empty for now. And here you can request your customers phone number. We'll put that on M one will crest their address. And here after successful payment, you can put into a thank you message. Thank you for your service or something to that effect. We'll click on save and turn on. Now here is a link that you need to copy into your website or you can email them, email your customer this link. And basically it'll be a text link or you can link it to an image. But this is the page that your customer will see. Here. The consulting services, they put in their name, address, email, phone number, et cetera, and they're billing information. And it will send a payment to you in the amount of a $100 in this case? Actually, let me correct myself. You will receive a 100 and you will build your customer or a $100 way will take their fee of 2.9%. And they'll also take $0.30 per transaction. So what you'll end up with is $96.80, similar to how PayPal makes their fees. By the way, here is the HTML code that you would need to put into your website. For this link, this is a text link and it would say consulting services is what the website viewer would see on your website. And the length that, that wave generated for us is in red. So this is the HTML code you can also put in an image. You can also make a clickable image if you would like. And you can Google how to do that code. But basically the code that wave is generating is the link that you would use for your website. So let's head on back over to wave. So one thing I don't like they don't have the ability if someone wanted to purchase two or three or four units that can change the amount and increase the amount that they are paying you, you have to create a link for each scenario. So they don't have a dropdown feature or a forms feature like you'd have in PayPal. You can set up various buttons with different forms and options. But imagine that will be coming soon since you have to see that beta next to that checkout feature that they have on their website. But this is a way that you can invoice your customers directly from your website if you have a few products or offering that you are services that you are offering, then you can create a link for each of those. And it's an easy way that you can get paid by your customers. So that'll wrap it up on the checkout feature and we will continue more in the next lesson. Thank you. 8. Customer Statements: Good day or good evening. This is Larry ILO. So in this lesson, we are going to look at some of the customer statements feature in wave. When you want to send your customer your statements of the invoices that are due on his or her account or their account. So you can go to invoices. So this will bring up the link, the invoice that we did to New York distributors and it is past due right now because I set it up for payment terms the being due on receipt. So I could send a reminder with this link if I wanted to. But you also have the option to go to customer statements. And here I have the check box of showing unpaid invoices only. I will click on the customer for New York distributors. I can select the date range. And here I have options. I can preview what the customer will view. I can send V0 wave or using any of these email services. Or I have a link here that I can click on an email to the customer. Now clicking on the link, this is what the customer will view in their browser. Now it's unfortunate there is not a pay now button over here that they can pay easily. And that will be the same thing as if you click on this preview customer view. We'll take it to the same spot. Let's head back to Wave now. So scrolling down, looking a little bit better at this invoice, you can see it has that one invoice that we build out to our customer for $1080. Now this will come in handy if you have a lot of invoices that are past due, few or many invoices. If you have one, you can just send the invoice individually like I did previously. That is past due, but if you have a bunch of invoices, someone that you deal with regularly, then you can send your customers this statement which shows the invoices individually that are past due and in the various time bucket categories by aging bucket of how old they are, hopefully all your clients are paying on time and it's irrelevant for you. And using this toggle switch. Now this will show all invoices, not the unpaid invoices, but all invoices. So this would be a history of your clients account. If they were asking for a History of their activity, you can just send them that. Or if you just want to show the unpaid invoices only, you can click that button right there. So that will wrap it up for this discussion on statements and we will continue on in the next lesson. Thank you. 9. Sales Section recap: So in this section we will briefly go over what we learned in the sales section or the billing section, the section that's going to bring in the revenue for your business and that is sales. And in the sales, we saw the estimates where you can set an estimate for your send an estimate for your client and they can prove it or deny it via email. And this one expired because it passed the expiration date. But you can also turn an estimate into an invoice. We saw invoices. We have one now that is overdue. Now, look at the dashboard. This is the one we did in one of the lessons to New York distributors for 1000.80 and sales tax. We have an overdue and voice here on the dashboard. So that's a nice feature of the software program. And if we head into reports, will click on over to the balance sheet. Let's click on the details. And you will see there is an accounts receivable for $1080 from your client. And we also have the sales tax payable to New York, the New York tax of $80. So you will get $1000 once you receive payment from your client. Well, actually let me take that back. You will net $1000 after you make the $80 payment, you'll receive a 1080 from your client and you'll pay the $80 to New York. Going back to the sales section, we also looked at we also looked at recurring invoices. This one is set up to end on January first, 2021, and we'll build the build every month on the tenth of the month. We saw this checkout feature where you can create a link that you can put a text link or put a graphic behind it, or send an email text link to your client and they can view an invoice online. We went into the payments section. Various ways you can get paid. Checkout being one, recurring invoices and invoices. We did not go through the finished payments section, but here you would enter in your banking information where you will receive payments via these methods. When you get paid through waves, platform and fees will apply, of course, similar to how PayPal makes their money. We also looked at customer statements. Here is the one for New York distributors. Here you can send it to them, shows the aging breakdown right here. If they are past due, hopefully you will not have clients that are way past due. Here are the customers. We imported four of them using the import feature and we added one manually. And finally here on the services, we added our consulting service, what we are selling to our clients. This is the service that we were using in our estimates, in our invoices and in our recurring and voices. So that will wrap up this section. This is a powerful section. This is one of the main reasons why many businesses find it beneficial to use this program as it does have a powerful billing sales feature where you can send out invoices to your clients. So now we will continue on to the next section of the course. If you have any questions, please leave them in the discussion board. Thanks for joining me today. 10. Final Wave 2: So that will conclude the second course of wave accounting as part of a four part series. So be sure to follow me. I have other courses on this platform. You can just follow me and that way you'll get a notification for new courses. Or you can head on over to my course page, my instructor page on skill share. And you can see all the courses that I have available on the platform. Thanks for joining me today.