What's covered in this guide?
Accessing company details
To access and configure your company details, navigate to Payroll > Payroll Settings > Company Setup.
Company Files
If you have multiple company files, first select which file you would like to update. You should have multiple company files if you:
Pay both contractors and W-2 employees (you should have a company file for each)
Have multiple EINs for your company (you should have one company file for each EIN)
General Settings
The general settings tab allows you to set up a name for the company file. This is optional but is helpful if you have multiple company files.
You can also select who this company file should apply to. For instance, if you pay 1099 contractors from a "Contractors" pay group, you can have your 1099 company file apply to "Contractors." You can select "Everyone" to have the company file apply to all pay groups that don't have an assigned company file.
Finally, you can specify a default admin contact. This admin will be the designated contact for payroll-related communications, like W-2s.
Bank Details
The direct deposit account will be set up once you enter your business's details to the following fields:
Business Name: The account name of your business bank account
Routing Number: The 9-digit number that acts as an address to your bank
Account Number: The 10-12 digit code provided by your bank
Configuring default journal accounts
This page is where you set defaults for your journal. Learn more in the Journal Setup guide.