Customer paid gratuity on invoice - how do I track this in Quickbooks Desktop?

LauraLeeL · ‎September 16, 2020

Good Day, I am entering an invoice in QB Desktop Pro 2020. The invoice has items on it that are taxable and the total came to $160.00. The Customer paid via e-transfer and added on a gratuity/tip of $20.00. So I have a transaction in my Chequing account for $180.00 received but an invoice for $160.00.

Would I add a line item to the invoice for the $20 Gratuity (with Tax Exemption)? I am unsure how to track this gratuity so that my accounts balance in the end.

Thanks very much in advance!

Laura

Nick K · ‎September 16, 2020

Hi LauraLeeL,

Being able to track and all transactions is the cornerstone of bookkeeping. QuickBooks Desktop makes it easy to enter gratuity added to an invoice payment. I can help point you in the right direction.

When entering gratuity into your QuickBooks desktop account there are a few things you need to make sure of. Such as if its just funds into your account or if employees will be getting it. I suggest reaching out to an accountant on how to add gratuity into your QuickBooks Desktop account as they are trained in how to enter this information. If you don't have an accountant we can help with that. You can go to our find an accountant page to find one in your area.

Hope this helped.

LauraLeeL · ‎September 16, 2020

Thank you, for now, it would just be staying in the account and not being paid out. I will consult with an Accountant.

Laura

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Customer paid gratuity on invoice - how do I track this in Quickbooks Desktop?

Customer paid gratuity on invoice - how do I track this in Quickbooks Desktop?

Customer paid gratuity on invoice - how do I track this in Quickbooks Desktop?

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