Gusto Knowledge 1
Hourly workers, or ______ employees, are paid a set rate for every hour they work and record their time in a timesheet that is submitted each pay period.
Non-Exempt
Tiffany, the Payroll Admin at Hale's Nail Salon would like to set up a pay schedule for her hourly staff. She's already selected her desired pay period, which is going to be bi-weekly with her employees getting paid every other Friday. She isn't sure if she should set her pay schedule up in an Arrears or Non-arrears status. Which status do you think would be best suited for Tiffany and her employees?
Arrears
In Panda > Employees, if you click the employee name, it will take you to another page within Panda that provides specific detail about the employee and their employment.
True
What time is the deadline to run payroll?
5pm MT / 4pm PST
What is the Wage Base Limit for Social Security in 2024?
$168,600
When somebody is using another person's account information to obtain products and services. It is a form of financial identity theft.
Account Take over
In a Semi-Monthly pay schedule, how many workable hours are there per pay period?
86.67
What could be the reason why the new hire is not showing up on the next payroll?
It could be because their start date is not included in the pay period
A nine-digit number assigned by the IRS to identify taxpayers who are required to file business tax returns.
FEIN
True or False: For Medicare, once the employee’s wages have exceeded $200,000, the employee and employer will have an additional 0.9%.
False
What taxes are employers liable for? Check all that apply.
FICA
FUTA
SUTA / SUI
In Panda, this part of the page provides all the details associated with this specific contractor.
Contractors Details
In Panda, this section houses all the payrolls submitted by the admin, starting from the most recent.
Payroll / Most Recent Payrolls
What are the 4 steps when running payroll in order?
1. Hours and Earnings
2. Time Off
3. Review and Submit
4. Confirmation
What taxes are employees liable for? Check all that apply.
FICA
FIT
SIT
This is an itemized list of an employee’s wages and deductions for a specified pay period that may be attached to a check, or given to an employee upon a direct deposit transaction.
Paystub
How do we transfer to Mineral HR via phone?
Verify the customer, place them on hold, dial Mineral HR and initiate warm transfer
For customers asking how to cancel their account, or indicating they're going to cancel their account, get them in touch with our ______ team.
Retentions
A _______ is the time frame an employer needs to account for in order to determine their company’s future tax liability and deposit schedule.
Look back period
How do we accept payroll cases from Mineral HR?
Create a follow-up case
What is error R09?
Uncollected Funds
Francesco, an admin, called in to inform us that one of his employees entered the wrong bank account information in their profile. However, the pay date is today. How do we help Francesco?
Convert the payroll to check and have Francesco issue a check
This is our payroll feature that uses the supplementary rate of 22% tax rate.
Bonus Payroll
Where in the app do we guide the admin to cancel a payroll?
Payroll History
Where in the app can we find any past or pending payments for international contractor payments?
1. Payroll tab
2. Payroll History
3. International Contractor Payment History