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[sap-acct] Tips Clearing Account

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Question from kbrown on Apr 25 at 7:47 AM
We are a restaurant. We have customer that pay tips with credit cards, so in turn I have to pay tips out of Petty Cash. We have a clearing account for these transactions. It was originally set up on the COA as a BS liability. What do you suggest is the correct way to handle this type of transaction?
 
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