Restaurant
Split Bill (Part Cash, Part Card)
Recording a table where two guests split the bill — one pays cash, the other pays by card.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Cash in Hand | Asset (+) | 58.00 | - |
| Cash in Bank (Net Card) | Asset (+) | 56.55 | - |
| Bank Processing Fees | Expense (+) | 1.45 | - |
| Food Sales Revenue | Revenue (+) | - | 100.00 |
| Sales Tax Payable (VAT Output 16%) | Liability (+) | - | 16.00 |
💡 Accountant's Note
Split payments require you to record each payment method separately while keeping the total revenue and VAT intact as one transaction.
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Expert Analysis by Qusai Ahmad
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