Gears Posted July 29, 2009 Share Posted July 29, 2009 Hey, If a client were to give you a tip for a service provided, how would you handle it in WHMCS? Thanks 0 Quote Link to comment Share on other sites More sharing options...
bear Posted July 30, 2009 Share Posted July 30, 2009 If a client were to give you a tip for a service provided, how would you handle it in WHMCS? That's a new one on me. Personally, as the owner, I don't accept tips. I'd most likely thank them and apply it as a credit to their account. 0 Quote Link to comment Share on other sites More sharing options...
Gears Posted July 30, 2009 Author Share Posted July 30, 2009 That's a new one on me. Personally, as the owner, I don't accept tips. I'd most likely thank them and apply it as a credit to their account. Well, the service provided wasn't like a hosting account or anything... it was something that you'd accept a tip for, in my opinion at least Anyway, question still applies. I can either add it as a credit (which I'm not going to do), add it to the invoice for record keeping purposes (which I'll probably do), or just not record it at all. 0 Quote Link to comment Share on other sites More sharing options...
Nexxterra Posted July 30, 2009 Share Posted July 30, 2009 Add it there, and when you pay out things like office supplies, you invoice petty cash -XXX dollars I have everything, Enom, Servers, Office rent, Staffing etc going through WHMCS It gives great reports and tracking too... 0 Quote Link to comment Share on other sites More sharing options...
Gears Posted July 30, 2009 Author Share Posted July 30, 2009 Can you clarify that for me, Nexxterra? When I pay out things, I invoice petty cash? I don't really understand what you're saying 0 Quote Link to comment Share on other sites More sharing options...
scurrell Posted July 30, 2009 Share Posted July 30, 2009 Surely the whole idea of a "tip" is that it doesn't go through the books? Straight in your sky, no questions asked. 0 Quote Link to comment Share on other sites More sharing options...
redrat Posted July 30, 2009 Share Posted July 30, 2009 Surely the whole idea of a "tip" is that it doesn't go through the books? Straight in your sky, no questions asked. I have to agree. Pray harder and be grateful.......you might get more. 0 Quote Link to comment Share on other sites More sharing options...
simplybe Posted July 30, 2009 Share Posted July 30, 2009 The last tip I had was 24 bottles of imported lager from a very good customer so i just drank it. 0 Quote Link to comment Share on other sites More sharing options...
openmind Posted July 30, 2009 Share Posted July 30, 2009 The last tip I had was 24 bottles of imported lager from a very good customer so i just drank it. Now that would be tricky to record into WHMCS, especially after the 24th bottle 0 Quote Link to comment Share on other sites More sharing options...
simplybe Posted July 30, 2009 Share Posted July 30, 2009 Now that would be tricky to record into WHMCS, especially after the 24th bottle Well i only kept 19 bottles I had to give 5 to the tax man 0 Quote Link to comment Share on other sites More sharing options...
redrat Posted July 30, 2009 Share Posted July 30, 2009 Good job it wasn't brandy. I'd apply for a Tax Refund. 0 Quote Link to comment Share on other sites More sharing options...
Gears Posted July 30, 2009 Author Share Posted July 30, 2009 lol So it seems that tips don't need to be recorded, right? It was all part of one paypal payment though. Eh, it isn't a big deal. Just wanted to see what other people thought and what they would do. Thanks 0 Quote Link to comment Share on other sites More sharing options...
HostOrca Posted July 30, 2009 Share Posted July 30, 2009 lol So it seems that tips don't need to be recorded, right? It was all part of one paypal payment though. Eh, it isn't a big deal. Just wanted to see what other people thought and what they would do. Thanks Actually tips are still taxable income. So if the taxman goes though your books and see's an entry for £x.xx, then checks your paypal statement, and see's an entry for £xx.xx he's going to ask you to explain the difference. Saying "oh it was a tip, so I didn't declare it", is going to go down like a lead balloon. 0 Quote Link to comment Share on other sites More sharing options...
redrat Posted July 30, 2009 Share Posted July 30, 2009 (edited) Alas, HostOrca is correct in this instance as you have now mentioned the PayPal combined transaction aspect. That does make a difference. Grab a Taxi business card from a Taxi firm with a receipt on the back and allocate it as a tax deductible business expense under Transport instead. Edited July 30, 2009 by redrat 0 Quote Link to comment Share on other sites More sharing options...
Gears Posted July 30, 2009 Author Share Posted July 30, 2009 Actually tips are still taxable income. So if the taxman goes though your books and see's an entry for £x.xx, then checks your paypal statement, and see's an entry for £xx.xx he's going to ask you to explain the difference. Saying "oh it was a tip, so I didn't declare it", is going to go down like a lead balloon. Ah hah. Thanks for that info. Originally I thought it was taxable but then after reading this thread I assumed it wasn't. Now I know it is. (I was never a server/waiter) So, yeah, basically what I did was had the client send payment to our paypal address. Then I created the invoice and listed the items and the leftover amount I listed as "Tip". Finally I did the "Add Payment" option. 0 Quote Link to comment Share on other sites More sharing options...
redrat Posted July 30, 2009 Share Posted July 30, 2009 (edited) oooooops! I'd print that out and frame it on the office wall. Either that or change 'Tip' to 'Expenses' if you can and resend the invoice to your 'understanding' client. Edited July 30, 2009 by redrat 0 Quote Link to comment Share on other sites More sharing options...
Nexxterra Posted July 31, 2009 Share Posted July 31, 2009 (edited) GEARS..Here is what I mean... I have a client called petty cash, I credit the account $500, as time goes on I generate invoices as they come in, Copy paper, office supplies, 46.50$ Someone paints the office, $100, etc. When the amount get low I ad credit again. I now have a report for client petty cash... I do this for Other bills related to the business as well, including domain names... This way the billing system gives me a more accurate picture of profit/loss! As far a most tax departments for many countries go, even gifts are taxable! Edited July 31, 2009 by Nexxterra 0 Quote Link to comment Share on other sites More sharing options...
Gears Posted August 1, 2009 Author Share Posted August 1, 2009 GEARS..Here is what I mean... I have a client called petty cash, I credit the account $500, as time goes on I generate invoices as they come in, Copy paper, office supplies, 46.50$ Someone paints the office, $100, etc. When the amount get low I ad credit again. I now have a report for client petty cash... I do this for Other bills related to the business as well, including domain names... This way the billing system gives me a more accurate picture of profit/loss! As far a most tax departments for many countries go, even gifts are taxable! Oh I see now. I do something completely different. Whenever I make an expense I go to the Transactions page and add a new transaction. I select the client, put an amount in the Outgoing section, fill out the description, and fill out any other necessary fields. Then I can filter by client or outgoing transactions and make reports. This way seems much better to me in my opinion. 0 Quote Link to comment Share on other sites More sharing options...
Nexxterra Posted August 11, 2009 Share Posted August 11, 2009 How long has that been there??? Doing it my way gives you the same search results, your way is faster. Thanks! 0 Quote Link to comment Share on other sites More sharing options...
meechp123 Posted February 18, 2010 Share Posted February 18, 2010 Can you make "cash" a payment option? 0 Quote Link to comment Share on other sites More sharing options...
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