Tips and change

[Michael Hendry]

> On 8 Jul 2015, at 03:51, Jonathan Garber <jonnathan500 at gmail.com> wrote:
> 
> I am so unsure about what to do about these basic transactions. I am hoping
> someone can give some support to me about these situations.
> 
> I get paid a check for which includes a $10 tip. Even though I have to
> deposit the entire check into my bank account, would I only list the income
> as $40?

A tip is income, so needs to be recorded as such.

You might wish to keep income from tips in a separate account, but as far as the tax-man is concerned it’s all the same!

> 
> Also, when I get a check and have to give change from my petty cash, how do
> I record that in GNU?

Record the check as income and the change as if it were negative income.

Michael