Why do my bank debit amounts differ from a run's total cost in Zenefits Payroll?
The amount that Zenefits Payroll will debit from your company's payroll account includes net pay and reimbursements for employees paid by Direct Deposit and employee/employer taxes.
Zenefits Payroll uses this equation to calculate the total amount withdrawn from your account:
Total Debit = Net Pay and Reimbursements (by Direct Deposit) + Employee Taxes + Employer Taxes
This debit amount does not include employer contributions, employee deductions, or any net pay amounts paid by manual checks. Consequently, the actual debit may be less than the total cost of the run.
For example, consider a pay run with two employees:
| Gross Pay | Deductions | Employee Taxes | Employer Taxes | Net Pay (DD) | Cost to Employer | |
| Employee 1 | 5 ,000 | 300 | 1606.18 | 552.25 | 3093.82 | 5252.25 |
| Employee 2 | 3 ,000 | 200 | 854.75 | 329.00 | 1945.25 | 3129.00 |
| Totals | 8 ,000 | 500 | 2460.93 | 881.25 | 5039.07 | 8881.25 |
The total cost is:
| 8 ,000 | + | 881.25 | = 8881.25 |
The total debit is:
| 2460.93 + | 881.25 + | 5039.07 | = 8381.25 |