First, I am the accountantSecond, it was not "my own way" of accounting for tips. In 2021 QBO Payroll mapped "tips out" to the expense account. For some reason ...
MirriamMYour suggestion means I will be paying my employees their tips AGAIN... They get their tips each night. I ALREADY put their tips on the weekly payroll a...
In my restaurant situation, we cash out tips to EE's each night. On the weekly payroll we report "tips in" so that the tips get taxed to each EE. We also includ...