Tax
What drives an employee's state tax?
Work Tax Location
Where can a customer add a new deduction for an employee, that will pull onto payroll each pay period?
Team > Profile Overview > Pay > Pay Information > Deductions
What is the difference between a Salary and a Hourly Earning Code?
Salary: Earnings paid out via a flat amount (ex:. $2,000 per pay period)
Hourly: Earnings calculated based on multiplying hours times an hourly rate
What is the navigation path to begin processing payroll?
Dashboard > View Payroll > Run payroll
OR
Company > Payroll > Pay Cycle Dashboard > Run payroll
What is the Navigation Path to the Toast Payroll Integration Settings?
Company > Setup > Toast
What is the Supplemental withholding rate for Bonuses?
The supplemental withholding rate for Federal Income tax is 22%.
Can HR+ Users setup a new company deduction code?
No, only admin users can setup a new deduction code under Admin > Payroll Admin > Deductions
What does Deferred Compensation Eligible mean?
The funds paid under the earning are included in the calculation of retirement plan withholding on the same paycheck
Name two items an HR+ user should do, prior to opening payroll?
1. Add any Payroll To-Dos for an individual employee
2. Attach any Quick Calcs for an individual employee
3. Make an necessary positions/pay changes
4. Approve Timesheets
What information is needed to send a new profile from Payroll to POS?
Location Level, Job Level, and Unique Email
What are Quarterly Tax Packages?
Quarterly Tax Packages are the documents that contain all the tax returns filed on behalf of a client. Quarterly tax packages are typically available the third full week of the month following quarter-end.
What is the difference between an amount based and a percentage based deduction codes?
Amount: The same amount is deducted each pay period
Percent: The amount withheld is based on a percentage of the gross earnings on the paycheck
What is the difference between a Cash and Non-Cash Earning?
Cash: The funds paid under the earning increase the net pay on the employee’s paycheck Ex: Tips Owed
Non Cash: The funds paid under the earning do not increase the net pay on the employee’s paycheck. Non cash earnings are used to record that payment was already distributed to an employee and to calculate the amount of tax owed on the payment
Can a customer edit payroll after it has been posted?
NO!
They can edit when calculated by click the 'Previous' button next to 'Post,' which will bring the HR+ User back to the Spreadsheet step to make any changes.
What does the 'Sync To Toast' button on an employee's Profile Overview page do?
Sends information to the POS from Payroll (pushing new specialities/rates into the POS)
How can you find a client's current SUTA rate?
In the quarterly tax package in the report. The SUTA rate will be on the last page of the Quarterly tax Package
You can also see it by going to Admin > Payroll Admin> SUTA rates. This will pull all SUTA rates for all clients in Toast Payroll's database.
What are deduction limits?
Limits: Some deductions have a limit on how much can be withheld from the employee. Limits can be federally mandated (ex: Federal limit for 401K $19.500 in 2020) or they can be imposed on an individual basis (ex: an employee owes $5,000 for a garnishment)
What is Tip Makeup?
Tip Makeup is an earning that occurs on payroll when a tipped employee's effective hourly rate is below minimum wage.
How can a customer reset their payroll?
Navigate to the Pay Cycle Dashboard, click 'Continue' and within the Preview set, select the Advanced actions drop down and click Reset Payroll
What are the steps to add a new job in Toast Payroll?
Add the job level under Company > Setup > Levels. Then map the job to the POS job code.
What is state reciprocity?
Reciprocal agreements between states allow employees that work in one state but live in another to only pay income taxes to their state of residency.
What is the difference between a Pre Tax and a Post Tax Deduction?
Pre Tax: Deductions that are withheld from the employee before taxes are calculated and withheld
Post Tax: Deductions that are withheld from the employee after taxes are calculated and withheld
What is Blended Overtime?
Blended Overtime calculates a rate to pay an employee for overtime when they perform work for multiple rates of pay in a work week.
How can a customer ensure an individual employee receives a live check on payroll, rather than a direct deposit?
Force Live Check on the Payroll Spreadsheet
How do you navigate to an employee's Toasttab location database?
Navigate to Company > Setup > Toast > Locations and copy and paste the location GUID into Toasttab.