Payroll

Automatic funding, the evening sweep and paying when a pull clears

With a payroll account at Moov, money comes in by pulling it from your bank. Worktrim can do that on a schedule, return what's left each evening, or pull for a run and pay when it clears.

Needs a plan with payroll (Payroll, Pro, or Senior Care with payroll).

Steps

1. A payroll account at Moov has no account number, so money comes in only from your linked bank: link and confirm it under Funding first.
2. Automatic funding: under Funding, choose Set up and enter an amount, how often and the first day. Moov pulls it from your bank on those days; it can be used for payroll two to three business days later.
3. Evening sweep: choose Turn on and the amount to always keep. Each business day at 4 PM Eastern, money above that amount plus payroll you haven't paid yet goes back to your bank, and a negative balance is pulled back in.
4. Pay when the pull clears: if the account doesn't cover a run, the review step offers to pull the run's net pay now and pay each person once it clears, about three business days later. Approve early enough for payday.
5. History & statements shows every payment in and out by month (download a CSV for your records) and Moov's monthly fee statements as PDFs.