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Split Direct Deposit Paychecks After Onboarding an Employee

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Kimberly Banow
  • Updated

If you or an employee would like their paycheck paid into two or more bank accounts, they can split their direct deposit payments during payroll onboarding or in their Employee Profile on the Payroll tab

Prerequisites: This feature requires Vagaro Payroll and is available only to businesses in the US.

On a Phone

To split an employee's direct deposit paycheck on the Employee Profile screen:

  1. Go to More → Settings → Employees → Employee Profiles.

  2. Select Employees to view the employee list.

  3. Select the employee's profile.

  4. In the employee's profile, select the Action kebab menu, then select Payroll.

  5. At the top of the screen, select the Payment tab.

  6. In the Select Payment Method list, select Direct Deposit, then select Add Bank Account.

  7. Select Add Bank Account and add the first bank account's information:

    • Login to Bank with Plaid: Select Agree, select or search for your bank, and then enter your bank account information. We recommend logging into your bank through Plaid to verify your banking information.

    • Manually Enter Bank Details: Enter the bank account information that the funds will be deposited into, then select Save.

      Note

      The employee will have to check their bank statement for two micro transactions amounts, which may take 24-48 hours to show up on your bank statement. These amounts must Verify Bank Account to confirm that you're the owner and for the funds to be deposited on pay day.

      Those amounts will be credited back to their bank account within three business days.

  8. Select Add New Bank Account and add the second bank account's information. Repeat this step as required to add any other bank accounts to split the paycheck into.

  9. At the bottom of the screen, select Split Paycheck.

  10. Under Select Payment Split, select the By Percentage % or By Amount $ tab, then enter how much of each paycheck should go into each account.

    split_payment.png

  11. Select Save.

On the Web, Tablet, or Pay Desk

To split an employee's direct deposit paycheck on the Employee Profile screen:

  1. Go to Settings → Employees → Employee Profiles.

  2. At the end of the row of the employee's profile, select the Action kebab menu, then select Payroll.

  3. At the top of the screen, select the Payment tab.

  4. In the Select Payment Method list, select Direct Deposit, then select Add Bank Account.

  5. Select Add Bank Account and add the first bank account's information:

    • Login to Bank with Plaid: Select Agree, select or search for your bank, and then enter your bank account information. We recommend logging into your bank through Plaid to verify your banking information.

    • Manually Enter Bank Details: Enter the bank account information that the funds will be deposited into, then select Save.

      Note

      The employee will have to check their bank statement for two micro transactions amounts, which may take 24-48 hours to show up on your bank statement. These amounts must Verify Bank Account to confirm that you're the owner and for the funds to be deposited on pay day.

      Those amounts will be credited back to their bank account within three business days.

  6. Select Add New Bank Account and add the second bank account's information. Repeat this step as required to add any other bank accounts to split the paycheck into.

  7. At the bottom of the screen, select Split Paycheck.

  8. Under Select Payment Split, select the By Percentage % or By Amount $ tab, then enter how much of each paycheck should go into each account.

    split_payment.png

  9. Select Save.

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