cancel
Showing results for 
Search instead for 
Did you mean: 
susanhd
Level 1

Depositing credit card payments & gratuity

When I deposit my credit card payments into QB should I put the gratuity on the deposit under my other liability account? If so then when I pay it in my employee's check where does it come out ofthanks in advance.

1 Comment 1
valprice1
Level 5

Depositing credit card payments & gratuity

@susanhd  My clients who pay credit card tips with payroll enter the credit card tips as a payroll liability.  When the tips are paid out with payroll, they debit the payroll liability account using the payroll item Reported Paycheck Tips.  

Sign in for the best experience
Ask questions, get answers, and join our large community of QuickBooks users.
Sign In / Sign Up

Need to get in touch?

Contact us