Why is my Wave invoiced total lower than expected?
The Wave Accounting help pages give 5 common reasons. The first to rule out: A draft invoice does not count in Wave's accounting or reports until it is approved.
Is it broken, or just quiet?
A number can fall because fewer people came, or because something stopped counting them. Below are the causes the Wave Accounting help pages give, and how to check each one yourself.
What causes it?
A draft invoice does not count in Wave's accounting or reports until it is approved.
In the Wave Accounting help:
Saving an invoice as a draft does not make any changes to accounting and your reports.
The difference between creating and approving a draft invoice, read 2026-11-12.A recurring invoice that was set up but never activated will not create invoices on its schedule.
In the Wave Accounting help:
You've finished creating this invoice but have not activated it.
Recurring invoices: What does this status mean?, read 2026-11-12.When a recurring schedule is ended, Wave stops creating those invoices.
In the Wave Accounting help:
You chose to end this recurring invoice schedule. No further invoices will be created or sent.
Recurring invoices: What does this status mean?, read 2026-11-12.A recurring schedule with a set end creates its last invoice and then stops, which can lower the total from then on.
In the Wave Accounting help:
This schedule has generated all invoices and is now complete.
Recurring invoices: What does this status mean?, read 2026-11-12.A recurring invoice can run into a problem creating an invoice, which can leave an expected invoice out.
In the Wave Accounting help:
The error could be a creation error, a sending error, or a payment error.
Recurring invoices: What does this status mean?, read 2026-11-12.
How do I check it myself?
Look for drafts waiting to be approved, since an invoice only shows on accrual basis reports once it is approved.
In the Wave Accounting help:
Once you approve the draft, it will reflect on your accrual basis reports,
The difference between creating and approving a draft invoice, read 2026-11-12.If you compare with a cash basis report, expect it to differ from what you invoiced, since it counts money only when it arrives.
In the Wave Accounting help:
Cash basis accounting only records income and expense transactions when funds have been received or paid.
Accrual vs. cash-basis reporting, read 2026-11-12.
How would I know the day it starts?
- Feder reads the amount you invoiced in Wave each day and compares each day with your own history.
- It tells you when invoicing goes quiet or moves outside its usual range.
Some numbers are too quiet to judge daily, such as a form filled in a few times a week. Until there is enough of your own history to judge a change, Feder says it is still learning and scores nothing, rather than guessing.
See what Feder reads from Wave Accounting, which feeds Money. Feder only reads. It never changes anything in Wave Accounting.
What else goes wrong with these numbers?
- Why is my Wave invoiced total higher than the money I received?Wave Accounting
- Why did my Wave invoiced total suddenly jump?Wave Accounting
- Why did Google Analytics stop collecting data?Google Analytics
- Why aren't my key events showing in Google Analytics?Google Analytics
- Why does Google Analytics show (not set)?Google Analytics
See every question.
Where do these answers come from?
Every cause and check on this page comes from the Wave Accounting help pages, quoted above with the date we read them. Last reviewed 2026-11-12. We read them again by 2027-11-12. If one changes, this page changes or comes down.