Company bank transactions

We'll initiate 3 separate debit transactions from your company's bank account after each payroll is submitted:

  • One for employee pay (who are being paid by direct deposit)
  • One for your employee reimbursements
  • One for all payroll taxes

These transactions will happen at the same time, 3 business days before payday. Employee pay and reimbursements will be submitted for direct deposit payments, and we'll send your payroll tax amounts to the applicable state and federal agencies.

You may also see debit transactions from your company's bank account for:

  • Contractor payments
  • Monthly invoices
  • Historical tax payments

You can view the Bank Account Transactions report to see all debit transactions, or view the Tax Payments report to see which taxes we've paid on your behalf.



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