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Join nowYes, you can pay an owner using direct deposit, pjjmsteed. I'll guide you on how to do this accordingly below.
Given that you're already subscribed to our payroll service and finished setting up your company for direct deposit, all you need to do is add the owner as an employee. Here's how:
After that, open the owner's profile and make sure their Payment method is set up for direct deposit.
Once you're done, create and run your payroll. You should now be able to pay the owner using direct deposit.
For any other payroll concerns or questions about managing employee transactions, you can tag me in the comments below. I'm always ready to help you out.
Note: Not sure what state you're in, but know that in NYS you cannot add an owner of an LLC to payroll. In NYS LLC owners cannot be considered employees and are therefore excluded from payroll. Rather use distribution. S-Corp and C-Corp officers may be included in payroll.
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