SmartPOSapp
POS accounting

POS system with accounting

Tips kept out of your turnover and VAT

Tips belong to your staff, not your turnover. The till keeps them separate, even when guests tip by card.

Where it often goes wrong

Card tips arrive at your bank together with turnover. Without separating them you pay VAT on them and your card settlement doesn't match turnover.

How it works

  1. 1

    Record tips

    Tips are recorded separately for cash and card.

  2. 2

    Separate in the close

    The day close shows turnover and tips separately.

  3. 3

    Settlement adds up

    Turnover plus tips matches what the bank pays out.

What you gain

  • No VAT on tips
  • Card settlement matches
  • Clear for your accountant
  • Fair sharing for the team

Real-world example

The bank pays out €2,340. Your day close shows €2,180 turnover and €160 card tips: exactly what came in.

Frequently asked questions

Do tips count towards VAT?

No, tips are kept separate from turnover and VAT.

Do tips go to my accounting package?

Tips are separate in the close, so they are not booked as turnover.

More accounting features

Never retype a till roll again?

We deliver your POS system fully pre-installed and set it up for your venue.