Yes. You can enable tracking your Tipout from the Settings Page. Enable tracking them by clicking on the selector next to "Track Tip Out".
Once enabled the following will happen:
The Tip Out field will show on the Tip Add and Tip Update pages.
You'll see the Tip Out field below each chart on the History and Average pages.
If you'd like for the Tip Outs to be subtracted from your Total Tips, enable the Subtract Tip Out from Total Tips option.
If you'd like to track all of the people/positions you tip out, please setup Expenses. Search the FAQ for either Expenses or Categories on how to do this.