Toast Payroll Company

Overview of Toast Payroll

Toast is a simple and powerful payroll tool made just for restaurants. It helps restaurant owners handle payroll, team schedules, and reports all in one place. With Toast, you can save time, avoid mistakes, and make sure you follow all the rules for paying your team. Over 127,000 restaurants trust Toast because it makes managing employees easy and stress-free.

Key Features

Toast Payroll automates the most time-consuming aspects of restaurant payroll by integrating deeply with your POS system. It helps you:

• Run error-free payroll with real-time sync from your POS
• Track team hours, tips, and overtime automatically
• Stay compliant with tax and labor regulations
• Offer employees access to pay stubs and time-off requests via a self-service portal
• Monitor labor costs with real-time reporting

For restaurants evaluating different solutions, it’s crucial to understand the key factors to consider when choosing payroll software—from automation and integration to scalability and compliance. Toast Payroll addresses many of these essentials, especially for food service environments.

How to Set Up Toast Payroll: Step-by-Step Guide

Setting up Toast Payroll is a fairly simple process, especially for restaurant teams already using Toast POS. Here’s how it generally works:

• Log In: Start by logging into your Toast dashboard. You’ll find the Payroll option in the main menu.
• Add Business Details: Enter your business name, address, tax identification number (EIN), and any state-level tax info. The system walks you through the required fields.
• Input Employee Information: You can manually enter employee details like names, roles, hourly rates, and tax preferences—or import them if already using Toast POS for scheduling or time tracking.
• Set Your Payroll Schedule: Choose how often you want to pay employees (weekly, biweekly, etc.). You’ll also define payday rules and any overtime calculations.
• Direct Deposit Setup: Employees can enter their bank account information if they prefer direct deposit. Otherwise, paper checks can be issued.
• Run Payroll: Once all information is entered, you can preview each pay period, verify work hours, and submit payroll.
• Tax Handling: The system can help with generating tax forms and filing required federal or state payroll taxes, depending on your setup.

This process is designed to save time and reduce manual errors. However, users should double-check data accuracy before running their first payroll.

How to Purchase a Toast Payroll Subscription Plan

• Visit the Toast Website: Go to the Toast official website and navigate to the Payroll section under the "Pricing" menu.

• Explore the Pricing Plans: Toast offers three plans: the Starter Plan for small restaurants starting with payroll, the Essentials Plan with advanced features like POS integration and reporting, and the Custom Plan for larger businesses needing personalized solutions.

• Click “Get a Demo”: Select the option to schedule a demo or request pricing. Fill out the form with details like your name, email, phone number, and restaurant information.
• Talk to a Sales Representative: After submitting the form, a Toast representative will contact you within 24 hours. They’ll discuss your restaurant's needs and help you choose the best plan.
• Review the Proposal: Once you’ve decided, you’ll receive a detailed proposal that outlines the features, costs, and setup details.
• Sign the Agreement: After reviewing and agreeing to the terms, sign the subscription agreement to confirm your plan.
• Set Up and Start Using Toast Payroll: Once your subscription is confirmed, the Toast team will assist with setting up your payroll system and training your team.

Tip: Ask about add-ons like scheduling tools or integrations with other Toast products during the consultation!

Is Toast Payroll the Right Fit?

Toast Payroll is mainly built for restaurants, but it may not suit every type of business. Here's who it typically works best for:

• Smaller to Mid-Sized Restaurants
  Businesses with around 5 to 100 employees may find the system manageable and efficient for day-to-day payroll needs.
• Teams Already Using Toast POS
  If you already use Toast for taking orders, tracking time, or managing staff schedules, Toast Payroll can make use of that existing data.
• Businesses Needing Basic Automation
  Owners or managers who want to simplify payroll calculations, reduce paperwork, and ensure tax forms are generated correctly may find it helpful.
• Multi-location Restaurants
  It can handle multiple branches from one account, which may be useful for businesses operating more than one location.

It's important to assess whether your current workflow and team size align with what the platform offers. Trying a demo or consulting support before committing can help make an informed decision.

Pros and Cons

Pros:

• Industry-specific features tailored for restaurants.
• Robust compliance tools for tax and labor laws.
• Integrated with POS for real-time data sync.
• Excellent 24/7 customer support.

Cons:

• Pricing may be higher for smaller businesses.
• Limited offline capabilities in remote areas.

How Toast Payroll Will Help in the Future

Toast Payroll is built to evolve with your restaurant’s needs. Future updates focus on advanced AI analytics to predict labor needs, enhanced compliance tools for new regulations, and deeper integrations with Toast POS for holistic restaurant management. As the restaurant industry shifts toward automation, Toast ensures your workforce management stays ahead of the curve.

Recent & Upcoming Improvements

Toast continues to evolve its workforce tools. Notable enhancements include:

• AI-powered labor forecasting to predict scheduling needs
• Improved tax compliance dashboards with real-time error detection
• Deeper POS-payroll integration to automate even more employee data transfers
• Expanded reporting metrics for turnover and labor efficiency

Contact Information

Address: Boston, Massachusetts, United States

Customer Care: +44 204 571 3302

Sales: +44 204 586 7710

Email: [email protected]