Adding allocation level gross receipts for the individual gross receipts method

On Gross Receipts Allocation (TP20.3), the application compares the gross receipts you add on this form for the selected allocation level, with the total of the individual gross receipts you add in Employee Gross Receipts by Allocation Level (TP20.1) or Employee Gross Receipts Allocation (TP20.2) for the same date and allocation level, to determine if they are in balance.

Use Gross Receipts Allocation (TP20.3) to create gross receipts records to use in the Individual Gross Receipts method of calculating shortfall allocations for specific allocation levels.

– or –

Use this form to record charged tips, charged receipts, and service charges of less than 10% paid as wages to employees. The application uses this information for year-end federal reporting. This method requires daily TP20.1,2,3 records for gross receipts associated with a single, specific date. This daily record can be created using Point of Sale Gross Receipts Interface (TP125).

Select Yes in the Control Totals field on Company Allocation (TP00.1) for total gross receipts added for an allocation level for any given time period. Balance these figures with the individual gross receipts added for that time period and allocation. If you use this option, all allocation levels defined for the selected company are affected. Setting up Tips

Note: For year-end federal reporting, on Gross Receipts Allocation (TP20.3) you can add charged tips, charged receipts, and service charges of less than 10 percent paid as wages to employees.

Add allocation level gross receipts for the individual gross receipts method

Access Gross Receipts Allocation (TP20.3).
Select a Company, Process Level, Department, or Shift to record gross receipts for a Company, Process Level, Department, or Shift.

Note: Information in the Charged Tips, Charged Receipts, and Service Charges fields is not required for shortfall allocation calculation, but provides information for year-end federal reporting.
Complete the form. Specify this information:

Date

Type the transaction date. If you do not type a date, the application date defaults.

This field is required with form action Inquire.

If you use the Individual Gross Receipts method and select Yes in the Control Totals field in Company Allocation (TP00.1), the gross receipts you add on this form for the selected allocation level must equal the total of the gross receipts you add for all employees in the selected allocation level, or you cannot release records.

To release the gross receipts records, type a date in the Release Date field and select the Release function.

Gross Receipts

Type the gross receipts for the allocation level and date entered.

Charged Tips

Type the amount of charged tips for the allocation level and date entered.

Charged Receipts

Type the allocable charged receipts for the allocation level and date entered.

Service Charges

Type the service charges of less than 10 percent paid as wages to employees for the allocation level and date entered.
Select the Add form action to Add the form.

Related reports and inquiries


To	Use
Report the gross receipts of employees who report tips in allocation levels that use the Individual Gross Receipts method of calculating shortfall allocation, or to report any charged tips, charged receipts, and service charges of less than 10 percent paid as wages to employees added on Gross Receipts Allocation (TP20.3).	Gross Receipts Edit by Employee (TP120)