Restaurant Tip Pool Allocation Calculator
➔ Accountant
=ROUND((SUMIFS($C$2:$C$100,$D$2:$D$100,E2))*F2,2) & " Tip Allocation per Employee" & " | " & IF(SUMIFS($C$2:$C$100,$D$2:$D$100,E2)Professional Guide
This Excel tool automates restaurant tip pool allocation by calculating each employee’s share based on their hours worked and a predefined allocation percentage (e.g., 70% for servers, 30% for bussers). The SUMIFS function tallies total tips per shift, while the ROUND function ensures allocations are to the nearest cent. A separate IF function flags tip pool shortfalls when total tips are less than the minimum wage supplement threshold. It tracks 100+ employees across multiple shifts, integrates with POS tip data exports, and aligns with federal and state tip pooling laws (e.g., FLSA requirements). Ideal for restaurant finance teams, it reduces allocation time by 80% and eliminates disputes over tip distribution.