Tips are part of income that service providers earn. It is essential for businesses and providers to report them (by filing taxes). To this end, it is useful to keep a record of tips providers earn to be compliant with local laws and regulations.
When to Use this Report?
Use this report to:
- See a summary of tips your employees earned as a result of sale of items such as services and day packages during a given time period.
- Verify numbers in case of disputes about the tips employees earned if their payroll numbers do not match.
- Quickly glance over data to understand which providers are earning tips and the amount they are earning as tips (useful for managers).