How much float should I have?

Updated May 07, 2026 15:19

⚠️ Important: As of June 30, 2026 the 7shifts Tip Payouts feature will no longer be available in the 7shifts app. We know waiting weeks for payday is hard on hourly workers, so we're partnering with Clair to bring employees free, on-demand access to their earned tips and wages directly in the 7shifts employee mobile app. No float required on your end, no extra admin work. Your tip pools are not affected. Learn more about the transition to On-Demand Tips with Clair here.

Question

What’s the recommended amount of float to set up Tip Payouts in 7shifts?

Answer

We recommend a float of 4x the amount of your busiest day to account for bank processing time (5 business days). The appropriate amount of float can vary depending on your business needs and transaction volume.

Can you increase our float higher than the maximum amount allowed?