Using Wafeq

Getting started with Wafeq
- Getting started with Wafeq
- Setting up opening balances for your accounts
- Setting up customers and vendors opening balances
- Moving from Xero to Wafeq
- Moving from QuickBooks to Wafeq
Importing your data
- Importing your data 1/4: Contacts
- Importing your data 2/4: Invoices and Bills
- Importing your data 3/4: Expenses
- Importing your data 4/4: Inventory
- Setting up customers and vendors opening balances
- Setting up opening balances for your accounts
- Moving from Xero to Wafeq
- Moving from QuickBooks to Wafeq
Account settings and user permissions
- Inviting users and managing users permissions
- How can I share feature requests?
Contacts
- Importing your data 1/4: Contacts
Invoicing and receipts
- Creating and sending an invoice
- Creating a recurring or scheduled invoice
- Recording sales from a Point of Sale with Simplified Invoices
- Recording a customer invoice payment
- Recording bank fees and invoice payments
- Recording a customer advance or downpayment
- Sending a payment receipt to your customer
- Writing off an invoice
- Choosing an account for an invoice or bill line item
- Offering discounts in fixed amounts
- Adding a Stamp or Signature
- Why can't I see all my accounts in the Paid through drop-downs?
- Hide or rename line item columns
- Importing your data 2/4: Invoices and Bills
Quotes
- Creating a quote for your customers
- Converting a quote to an invoice
- Offering discounts in fixed amounts
- Adding a Stamp or Signature
- Why can't I see all my accounts in the Paid through drop-downs?
Credit notes
- What are credit notes for?
- Credit notes: issue, apply to invoice or refund
Bills
- Importing your data 2/4: Invoices and Bills
- Creating a bill
- Recording a bill payment
- Recording a supplier advance or downpayment
- Choosing an account for an invoice or bill line item
- Why can't I see all my accounts in the Paid through drop-downs?
Chart of accounts
- Setting up your chart of accounts
- Organizing your Chart of Accounts with sub-accounts
- What are Accounts Receivable?
- Why can't I delete an account?
- Why can't I see all my accounts in the Paid through drop-downs?
Banking and reconciliation
- Importing your bank account and reconciling transactions
- Setting up an opening balance for your bank account
- Entering initial capital contributions
- Entering transactions in a bank or petty cash account
- Recording bank fees and invoice payments
- Recording bank or petty cash transactions
- Exchange gain or loss for invoices in foreign currencies
Manual journals
- Manually recording transactions
- Setting up opening balances for your accounts
Exchange rates
- Exchange gain or loss for invoices in foreign currencies
Items and inventory
- Importing your data 4/4: Inventory
- Setting up an initial quantity on hand for an inventory item
- Tracking inventory
- Adjusting your inventory
- Invoicing for inventory items
- Billing for inventory items
Expenses
- Importing your data 3/4: Expenses
- Using the Expenses sheet to enter expenses
- Handling expenses paid by the owner
- Submitting expense claims as an employee
- Managing expense claims
- Exchange gain or loss for invoices in foreign currencies
- Why can't I see all my accounts in the Paid through drop-downs?
Fixed Assets
- Record and depreciate fixed assets
Payroll
- Running Payroll
- Submitting expense claims as an employee
- Managing expense claims
- How do I email payslips PDFs to my employees?
- Why can't I see all my accounts in the Paid through drop-downs?
Projects
- Tracking project profitability
Reports
- Viewing customers' statement of account
- Creating a bill
Integrations
- Connecting your Stripe account to Wafeq
- Configuring Foodics integration with Wafeq
Using sheets view
- Using Wafeq Sheets
- Managing expense claims
- Using the Expenses sheet to enter expenses

Connecting your Stripe account to Wafeq

You can connect your Stripe account to Wafeq and start accepting payments from your customers directly to your Stripe account.

1. What’s the benefit of connecting my Stripe account to Wafeq?

When you are creating an invoice, you have the option to accept online payments from your customer through your Stripe account. This will generate a payment link that you can share with your customer.
When you send an invoice to your customer, the email will include a link to pay the invoice online.
You can sync your invoices, products, and statement. You only need to sync your data once and it will stay in sync in Wafeq.

2. How to connect your Stripe account

Before you proceed, be sure to already have a valid Stripe account, then follow these steps

Go to Integrations in the left side menu
Click on Connect next to the Stripe integration, and complete the connection process.
When you are returned to Wafeq, select the bank account where Stripe deposits the money.

The steps above complete the configuration, and you are ready to start accepting online payments.

3. How to enable online payments for an invoice

You enable online payments on a per-invoice basis. Follow these steps

While editing an invoice, choose your Stripe account.
Send the invoice through Wafeq.

Your customer will receive an email with a Pay online button.

Once your customer clicks on the Pay online button, they will be redirected to the page where they can enter their credit card information and submit their payment.

In case you need to share that online payment link with your customer separately, you can retrieve it from your invoice payment form by clicking on Copy online payment link. The link will automatically be copied to your clipboard.

Once your customer pays the invoice, Wafeq will automatically record that payment and will mark the invoice as PAID through your Stripe account.

3. Processing fees

Wafeq does not charge any additional processing fees. Stripe will charge you its standard fees for accepting payments (typically 2.9% of the transaction value).

Configuring Foodics integration with Wafeq