Troese
Level 3
07-22-2024
11:27 AM
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I have a client who's employees get tips, but are paid those tips ON their check, so should be included in their NET pay. How do I do this in EasyACCT?
All other clients pay the tips out at the end of each day so the are noted as income, but come back out as a deduction and not paid out on their check.
TIA - any advice is helpful!
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nickeypoo72
Level 5
07-22-2024
11:37 AM
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Give them a GP category called "Tips Check" and assign W2 box code 'BTP'. Then make sure The W2 Boxes 1 and 7 are checked (DO NOT CHECK BOX 3) - along with whatever appropriate other codes you need for federal & state taxes.
Troese
Level 3
07-22-2024
12:03 PM
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Thank you - that was it! I knew it was rather simple, but the Mondayness got to me. Thanks again!
nickeypoo72
Level 5
07-22-2024
12:10 PM
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You're most welcome. Good luck with the "Mondays" LOL!
