Money Movement

Employer debits

Employer debits represents the total cost to be withdrawn from the employer account to cover worker payments, tax payments, and any reimbursements.

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Total employer debit

Gross wages + Employer taxes + Reimbursements

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Employer contributions are not currently included in the employer debit

For now, any employer contributions to company sponsored plans will be tracked in Salsa but will need to be reconciled outside of the system with the appropriate providers.

Worker payments

Worker payments represent the earned pay a worker is to receive, usually in the form of a direct deposit, paper check, or sometimes cash. Employers determine the method of payment for their workers. We quickly define each below.

• Direct deposit – automatic movement of funds from the employer bank account directly into the employee bank account for wages earned
• Paper check – physical paper check for wages earned
• Cash – cash payment for wages earned

Tax payments

Tax payments represent the various types of taxes that must be paid (e.g. federal income tax, state income tax, local income tax, social security and Medicare taxes, etc.)

Paying and filing taxes can be quite complex and confusing. Salsa ensures all employers remain compliant by withholding and submitting all payroll tax payments on their behalf.