Welcome to Connecting Gusto to Digits! We've partnered with our friends over at Gusto so that you can have all your important payroll and benefits information integrated directly into Digits – unlocking real-time insights, trusted financials, and hassle-free tax management for businesses. This document will walk you through the key steps to establish and sustain this connection.
What is a Connection?
A connection is a secure link that bridges your Gusto account with the Digits platform. By connecting your Gusto account to Digits, you enable the platform to access transaction data directly from these accounts. This integration is crucial for efficient bookkeeping and accounting, as it allows Digits to automatically fetch and organize your payroll data. With a connection in place, you gain a comprehensive and up-to-date view of your payroll activities, streamlining your financial management and ensuring accuracy in your accounting processes.
How to Connect Gusto
Integrating Gusto with Digits enhances your financial management capabilities by streamlining data access. Follow these steps to establish the connection:
- From your home dashboard, click on Connections in the left toolbar.
Only an admin user of Digits can access and set up connections. If you do not see this option in your sidebar, please reach out to your account owner and admin to complete the set-up.
- You'll see two sections:
- My Connections: Displays all accounts you've already linked.
- All Connections: Lists accounts you haven't linked yet.
- Next to the Gusto icon, click the Connect button.
- A pop-up window will appear. Enter your Gusto admin credentials and log in.
- After logging in, proceed to set up your integrations settings.
- Specify white transactions to import by setting a specific start date. If you do not choose a date, all historical transactions will be imported by default.
- Finish any mappings not done by Digits automatically.
- Once setup is complete, your transactions will automatically sync to Digits according to the specified settings.
What Happens When I Connect Gusto to Digits?
After connecting Gusto to Digits, the platform will begin importing the full history of your transactions. Once the connection is complete, data transfer will commence, and we will start analyzing your financial data. The time required for this process depends on the type and size of the data being transferred, so we cannot provide a specific time frame as to when this will be completed. Rest assured, you will receive a notification once the data transfer and analysis are completed, ensuring all your transactions are viewable and ready for effective management in Digits.
Category Guide for Gusto Transaction Imports
This may help you understand how Gusto manages payroll debits in your bank account. Here's a recap of how they handle it: According to Gusto's Process
- Employee Pay: Gusto debits your account for direct deposit salaries.
- Employee Reimbursements: A separate debit covers reimbursements.
- Payroll Taxes: Gusto processes a debit for all payroll taxes.
These transactions are executed simultaneously, three business days before payday. Gusto facilitates direct deposits and ensures tax amounts reach the appropriate state and federal agencies.
Additional Debits You Might Notice:
- Contractor Payments
- Monthly Invoices
- Historical Tax Payments
The following table will help understand the different bank codes related to debits and/or credits from Gusto.
| Transaction Type | Code | Transaction Type | Code |
| Bank Verification Credit | BVC | Credit Payroll Fee - Invoice Refund | INV |
| Bank Verification Debit | BBV | Credit Tax | TXP |
| Credit Child Support Garnishment | CSC | Credit Tax Liability Refund | TLR |
| Credit Contractor Pay | CON | Credit Tax Penalty | TPI |
| Credit Contractor Payment Refund | CRF | Credit Tax Refund | TRC |
| Credit Donation | DCR | Credit Wages Refund | PAR |
| Credit Employee Pay | PAY | Debit Child Support Garnishment | CSD |
| Credit Employee Savings | SAV | Debit Contractor Pay | CND |
| Credit Flex Pay Fee (Modern Bank) | FPF | Debit Donation | DDR |
| Credit Flex Pay Principal (Modern Bank) | FPP | Debit Employee Wages | PDR |
| Credit Flex Pay Repayment (Modern Bank) | FRP | Debit Historical Payroll Taxes | HPT |
| Credit Internal Error Expense (Concessions) | IEE | Debit Net Pay | NET |
| Credit Internal Transfer Child Support Garnishment | ITG | Debit Overpayment | DOV |
| Credit Internal Transfer Contractor Pay | ITC | Debit Payroll Fee | FEE |
| Credit Internal Transfer Employee Pay | ITE | Debit Refund | RFD |
| Credit Internal Transfer Fees and Penalties | ITF | Debit Reimbursement | REM |
| Credit Internal Transfer Invoices | ITI | Debit Tax | TAX |
| Credit Internal Transfer Other | ITO | Debit Tax Correction | TCD |
| Credit Internal Transfer Overpayment | ITP | Electronic Bank Verification - Credit Test Transaction | EBV |
| Credit Internal Transfer Tax Payment | ITT | Flex Pay Debit (Modern Bank) | FPD |
| Credit Transfer Verification | ITV | International Contractor Pay | ICD |
| Credit Overpayment | COV | Tax Department Payment | TAX DEP |
| Credit Partner Revenue Share | PRS | Wire Payment Fee | WPF |
If you'd like to learn more - check out Gusto's help center.
If you require additional support or have any questions, please don't hesitate to reach out to us through our contact form. Our team is here to assist you with any concerns or further guidance you may need.