How to Run Payroll with Square - Square Payroll

Go to your Square Dashboard to start using Payroll.

See all the ins and outs of the Square Payroll interface. Import timecards, or set employees’ hours manually. Set their pay rate and Square automatically takes taxes out accordingly. Employees are paid with funds taken directly from your linked bank account. Learn how to process payroll yourself at https://squareup.com/us/en/the-bottom....

Transcription:
Square Payroll helps you pay your whole team in just a few clicks. Simply import any timecards or enter your employees’ hours. We calculate all the taxes for you, and even email your employees to tell them they’ve been paid.


Start by logging in to your Square Dashboard. Then, click Payroll, and Run Payroll. Here you can enter and edit your employees’ hours and earnings for your upcoming pay period.

If you are tracking timecards with the Square app or a partner timecard app, simply click Import Timecards in the top-right corner. Your employees’ hours for the pay period automatically appear in the appropriate column.

If you’re not using integrated timecards or would prefer to manually enter employee hours, simply click the Regular Hours column and type in each employee’s hours.

To add additional earnings such as commissions, bonuses, or tips, click the plus sign on the right side of the screen to select the columns you need. Then, enter the hours or additional earnings.

There are many different types of hours and earnings you can capture with Square Payroll.

Regular hours are the number of hours worked during the pay period that are calculated at the hourly rate.

Overtime hours are calculated at one-and-a-half times the hourly rate, and double overtime at two times the hourly rate.

The Additional column lets you include any extra earnings, like commissions or bonuses. These are taxed at the normal rate.

You can also add any tips your employees have earned.

Paycheck tips are tips to be paid out in the paycheck, typically credit card tips. We withhold tax and include the net amount in the employee’s deposit.

Cash tips are tips already paid out in cash. We calculate and withhold the tax, and don’t include this pay in the employee’s deposit.

Once you’re finished with the hours and earnings page, click Continue in the top-right corner.

Next, you can make any adjustments to your employees’ paycheck. Deductions can be adjusted on this screen, or added to an employee’s profile at any time. Select Continue when you’re done.

Now you can see the Review page with a summary of the payroll run and exact amount to be withdrawn from your bank account.

If everything looks good, click Confirm Withdrawal. We’ll withdraw funds from your bank account by 8 p.m. Pacific Time. If you need to cancel the pay run, you have until 7 p.m. Pacific Time.

Square Payroll makes it easy to pay your whole team.