Fintra Payroll
Know exactly what you owe, to whom, and when
Remittance Liabilities
Example figures- OPEN
- $18,204
- across 5 agencies
- NEXT DUE
- Fri
- IRS 941 deposit
- AGENCIES
- 5
- this run
- IRS: FIT + FICA (employee + employer)
- $12,880
- CA EDD: SIT + SUI
- $3,410
- Columbus city tax
- $214
- Mark paid, then audit-logged
- ready
From pay run to payable liabilities
The moment a run is approved, Fintra recalculates it fresh, locks it, and builds a remittance liability for each taxing authority: the IRS for federal income tax and both halves of FICA, each state for income tax and SUI/SUTA, and each locality for city taxes. Every liability carries its amount, the agency name, a due date, and the agency’s payment portal link.
- Liabilities grouped by jurisdiction level: federal, state, local
- Employee-withheld and employer-owed taxes rolled into the right agency bucket
- Deduction and garnishment payables tracked alongside tax payables
- Open vs paid status with a mark-paid action that is fully audit-logged
- A running total of open liabilities you can reconcile against cash
What Fintra does and doesn’t do here
This split is deliberate: the hard, error-prone part, computing the exact per-agency liability to the cent from every paycheck, is fully automated and traceable, while the movement of money stays under your control and your bank’s security.
Reports that back the deposits
| Report | What it shows |
|---|---|
| Tax liability | What is owed per tax and agency for a period |
| Tax payments | What has been remitted and when |
| Tax & wage summary | Taxable wages and tax per jurisdiction |
| Cash requirements | Total cash needed to fund net pay + taxes + deductions |
| Form 940 | Annual FUTA (full 5.4% credit assumed) |
Inside Fintra
Remittance liabilities share their numbers with the GL export and year-end forms, so the taxes you deposit, the journal you post, and the W-2s you file all reconcile to the same source.
Questions people ask
Does Fintra pay my payroll taxes automatically?
No. Fintra computes each liability, groups it by agency with a due date and portal link, and lets you mark it paid. The deposit itself is made by you or your payroll provider: Fintra is the calculation and reconciliation layer.
How are due dates determined?
Each liability is stored with its agency and a due date so you can sort by what’s next. Fintra surfaces the total open amount and the next due item.
Can I see historical remittances?
Yes. Liabilities keep an open/paid status with the paid timestamp, and the tax-payments report lists what has been remitted over any period.
What about Form 940?
Fintra produces an annual Form 940 FUTA summary. It currently assumes the full 5.4% state credit (no credit-reduction states), which is documented as a known limitation.
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See how every Fintra pay run rolls up into agency-ready remittance liabilities.