Someone please correct me if I'm wrong, but the conclusion we came to is as follows. Accounting for tips this way will result in your payroll wage reporting not...
Hi Nunesauto. We have tips collected flowing into a tips liability account and then coming back out of that account when they are paid to the employee. Tips are...
Maybe the question I should be asking is whether the tips should appear in wages expense at all. They technically aren't an expense. They're collected from cust...
I appreciate the response. I should've clarified, we do not use QB payroll. We're doing a manual entry to record the payroll done by a payroll service.
