Payroll
Payroll pays employees on schedule, withholds and remits taxes, and files employer returns in every state where they work.
Contract
| Clause | Terms |
|---|---|
| Starts | The first employee is hired, after Tax IDs registers the Company as an employer. |
| Each run | Prepared by agents, approved by the Payroll Specialist as the Setting requires, and paid on the scheduled day. |
| Signs | An officer signs employer returns, or authorizes a reporting agent to sign them (Sworn filings). |
| Records | Each run in Pay runs, posted to the Ledger. |
| While held | Not used. Employees join a Startup that has its own Company. |
| Not in | An Autonomous Startup, which has no employees. |
Verbs
| Verb | Object | Event |
|---|---|---|
| PayRun.prepare | Pay Run | PayRun.prepared |
| PayRun.approve | Pay Run | PayRun.approved |
| PayRun.pay | Pay Run | PayRun.paid |
Interfaces
Upstream
payruns.co, under an Agreement.
Example
An onboarding-video studio hires two editors who live in different states. The first run on the 15th withholds for both states, and both state accounts exist before it starts.