For a detailed outline of the purpose of our Training Call and what we go over, please visit this article: https://help.collective.com/en/articles/4690488-onboarding-for-accounting-and-payroll-zoom-agenda
For set up instructions prior to your training call, please watch the following videos.
Introduction:
Setting up your Xero account
If you were previously mixing business and personal transactions, that's ok - but we're going to fix it going forward 😉
You don't need to connect your personal accounts. Please read through this article for instructions on how to gather your business transactions to be added to your S Corp books.
Setting up Gusto for Payroll
If you signed up for Collective prior to mid January 2023, you will not see this on your dashboard which means you will have our classic Gusto experience.
If you have regarding how your salary is determined, please watch this video
Please read this article for how to set up your Gusto with the previous method.
Filling out your Reimbursements Module
This does not need to be completed prior to your Training Call, but can save time if you are able to watch beforehand.
The Onboarding team is looking forward to meeting with you! If you get stuck, please email [email protected] to schedule 15 min with your onboarding accountant to help you through it :)
Disclaimer: The information contained in this document is provided for informational purposes only and should not be construed as financial or tax advice. It is not intended to be a substitute for obtaining accounting or other financial advice from an appropriate financial adviser or for the purpose of avoiding U.S. Federal, state or local tax payments and penalties.