1. 7shifts
  2. Product Guides
  3. Tip Management
  4. Tip Payouts
  5. Tip Payouts Set Up Guide

1. Add Funds to Your Tip Payouts Account

Updated

To begin, you'll enable Tip Payouts and link your restaurant's bank account while also setting a minimum float reserve in 7shifts. From here, you'll be able to load funds designated for paying tips and ensure that you always have enough to pay employees.

Prerequisites

⚠️ Only Admins can enable Tip Payouts and configure the Account's float funds.

⚠️ Depending on your bank, the initial setup funds can take up to 5 business days to appear in the Account.

Enable Tip Payouts

Here's how you can start your 28-day trial! 

  1. Log in to the web app as an Admin.
  2. In the left navigation bar, head to Tip Management (or, Settings > Add-ons) > select Tip Payouts.
     
  3. Click Start setup :
  4. Alternatively, click Book a demo to get in touch with our team and learn more about Tip Payouts!

Got more questions? Check out our Tip Payouts Trial FAQs here.

Set Up a Float

⚠️ A maximum limit of $ 30 000 that can be held per Location. In-app, you can initiate a float setup of up to $ 20 000. To initiate a float setup of $ 30 000, please click on the Book a Call button on the Edit Float Amount screen.

⚠️ Each Location will require Tip Payouts to be set up individually (even if the funds will be taken out of a shared bank account).

⚠️ A maximum amount of $2000 can be sent to an Employee per day.

⚠️ If a float amount needs to be refunded, please reach out to our team (tippayouts@7shifts.com) for assistance.

⚠️ It may take 5 business days for the initial setup funds to appear within the Account.

  1. Login as an Admin.
  2. In the left navigation bar, click Tip Management > select the Tip Payouts tab.
     
  3. Click Start setup.
  4. Select a Location from the dropdown menu > click Next.
     
  5. Select who covers the transaction fee > click Next.
  6. Set your Float amount.  Select a minimum amount that you want in your Account at all times. We recommend that you set a float of 4x the number of tips from your busiest day to account for bank processing times. 
  7. Click Next. 7shifts will automatically top-up funds into the Account when the balance falls below the amount you have set. The regular float top-up funds can take up to 2-3 business days to process.

     

    Check out this article to learn more about: Understanding 7shifts Payout Times

  8. Verify your identity or click Skip it for now to complete it later on your Tip Payouts Dashboard. We require the bank account owner/Admin to complete this step before sending a Tip Payout. 
  9.  Select an account for payouts. You'll have the flexibility to (1) connect a new bank account:
    Screenshot 2025-01-03 at 2.30.26 PM.png
    Or, (2) choose an existing bank account. Only bank accounts previously set up in your user profile will be displayed.
  10. Follow the on-screen prompts to securely connect your bank account.
     

    If your financial institution is not supported on the web app, start a chat with our Support team for further assistance. Please note that you will be required to provide proof of ownership for security and reporting purposes.

  11. Review and click Confirm transfer > Done  to confirm your bank account and payment selection.
  12. Great job! You've successfully set up this Location's float.

RELATED ARTICLES

Tip Glossary 
Tip Payouts FAQs
 

To see this in action, check out our Tip Payouts Overview video!

Next Steps

Click on each step to navigate through your Tip Payouts setup journey:

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