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What is Execupay and how does it work with GoCo?
Curious about GoCo's embedded payroll option with Execupay? Read more below!
We’ve partnered with an industry-leading payroll provider to create an easy-to-use all-in-one solution; GoCo + Embedded Payroll (Execupay).
Embedded payroll allows you to run payroll directly from GoCo, seamlessly capture
paystubs and automatically manage reconciliations.
GoCo acts as the source of truth so changes in employee's personal information, benefit deductions and earnings will automatically flow into payroll. No more double entry for you!
FAQs:
- What fields transfer over to Execupay on the API?
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- If you are currently using GoCo's benefit module, and you have active, published lines, those deductions will automatically feed over to Execupay. Some common examples: Health, Dental, Vision, Group Life, Flex Spending, etc
- The only deductions not stored in GoCo are Garnishments (like Child Support). These need to be set up by your Payroll Specialist.
- If you are currently using GoCo's benefit module, and you have active, published lines, those deductions will automatically feed over to Execupay. Some common examples: Health, Dental, Vision, Group Life, Flex Spending, etc
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- GoCo Time Off and Time Tracking also seamlessly syncs to the GoCo pay run and onto employee paychecks.
- When you add one-time bonuses or earnings on your payroll run in GoCo, those get pushed to Execupay as well, straight onto employee checks.
- How do I add a one-time earning?
- One-time bonuses or earnings can be added directly onto the payroll run in GoCo before the checks are created:
- One-time bonuses or earnings can be added directly onto the payroll run in GoCo before the checks are created:
- How do I make a recurring commission/bonus/etc?
- On an employee's profile, you can set up any recurring earnings that should be included on all checks:
- On an employee's profile, you can set up any recurring earnings that should be included on all checks:
- How do you create an earning code? How do you create a deduction code?
- For the codes to be available to you in GoCo, we need to get them set up in Execupay first. Contact your GoCo Payroll Specialist for help on this!
- How much does embedded payroll cost?
- See our website for details on how to contact a rep for a quote.
For more detailed information on specific payroll functionality, visit our partner, Execupay.