Product

Treasury, payouts and 1099s on one balance.

Hold operating cash and the money you owe contractors in one USD treasury, pay each person over the fastest rail their bank takes, and let January’s tax forms file themselves.

See what it costs
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Sweep rule

On

When Operating ••4812 is over $1,200,000, move the excess to Tax reserve ••7031.

Fridays · 4:00 PM ET

  • Sep 12

    $48,220.75

  • Sep 5

    $31,904.10

  • Aug 29

    $52,618.00

Treasury

One balance, cut into accounts.

Open up to twelve USD accounts under one treasury — operating, payouts, tax reserve, benefits — each with its own routing number, and move money between them on a rule instead of a reminder.

  • Sweep the excess over a ceiling every Friday at 4:00 PM ET
  • Fund a payout run from one account and reserve the tax from another
  • Statements per account, exported to CSV or your ledger
A glacier of blue ice flowing between dark peaks into a still meltwater lake at blue hour

Routed by bank

Run of Sep 12

  • Marisol Peña

    First Plains Bank

    RTP

    4 sec

  • Owen Gallagher

    Cascade Federal

    FedNow

    6 sec

  • Tamsin Reyes

    Lakeshore Credit Union

    Same-day ACH

    By 5:00 PM ET

  • Desmond Achebe

    Red River Savings

    RTP

    3 sec

RTP declined at Lakeshore Credit Union, so it went out same-day ACH instead.

Payouts

Paid over the fastest rail their bank takes.

Pinnacle checks every contractor’s bank before a run and picks the rail: RTP or FedNow where the bank answers in seconds, same-day ACH where it doesn’t, a wire only when you ask for one.

  • About seven in ten US checking accounts take instant payouts
  • A declined instant payment falls back to same-day ACH on its own
  • Every contractor gets a receipt with the rail and the minute it landed
Compare the rails
A wooden fire lookout on a rocky summit with one warm window lit at blue hour

Lena Ortiz

Boise, ID · added Mar 3, 2025

TIN matched

TIN
•••-••-4417
Paid in 2025
$38,412.00
1099-NEC
E-filed Jan 27
Copy sent
Jan 28 · mail and email

Tax forms

The W-9 in March, the 1099 in January.

Contractors add a W-9 when they sign up and Pinnacle matches each TIN with the IRS that week, not in the last days of January. When the year closes, every 1099-NEC is e-filed and a copy goes to each contractor.

  • TIN mismatches flagged the day a contractor is added
  • Federal filing, plus the states that want their own copy
  • Corrections filed from the same screen, through April
A frozen alpine lake ringed by snowy firs, cracks traced across its dark ice

Sync to general ledger

4:12 PM ET

  • 6100

    Contract labor · field

    $318,240.90

  • 6110

    Contract labor · design

    $121,452.50

  • 6120

    Contract labor · support

    $47,113.00

  • 6890

    Payout fees · RTP and FedNow

    $106.00

212 lines$486,912.40

Reconciliation

Books that close the day a run settles.

Each settled run posts to your general ledger as journal lines, split by account and class, with the contractor, the rail and the fee on every line. Month-end becomes a review instead of a rebuild.

  • Map rails, fees and accounts to your own chart of accounts once
  • Lines post within minutes of settlement, not overnight
  • A run that fails to post holds in a queue you can see
See what it connects to

Posts to the books you already keep.

Each settled run lands in your accounting system as journal lines, and contractors arrive from the HR tool that onboarded them. Connect once, in about ten minutes, with a read-and-post token you can revoke.

  • Brookledger

    Accounting

    Journal lines per run, split by class and location, posted within minutes of settlement.

  • Plumbline

    Accounting

    Bills marked paid the moment a payout lands, with the rail and fee on the memo.

  • Sumwise

    Accounting

    A daily summary entry per account for teams that close on totals.

  • Ledgerwood

    ERP

    Subsidiary-aware posting for companies paying from more than one entity.

  • Ironleaf

    ERP

    Vendor records kept in step with contractors, including TIN status.

  • Cairnline

    HR and onboarding

    New contractors arrive with their W-9 link already sent.

  • Fieldbook

    Time tracking

    Approved hours become the next run’s line items, rate by rate.

  • Stonebook

    Expenses

    Reimbursements ride the same run as the invoice they belong to.

Not on the list? Every run is also a CSV and a signed webhook, in the same shape the ledgers above receive.

Read the API reference

What a controller asks before switching.

Anything not here goes to the people who run the rails: +1 (816) 555-0147, weekdays 8:00 AM to 6:00 PM CT.

Email the treasury team
Can we keep our current bank?

Yes. Most teams keep their operating account where it is and fund Pinnacle by ACH pull or wire before each run. Some move everything over a quarter later; nothing requires it.

How many accounts can one treasury hold?

Up to twelve, each with its own account and routing number. Sweep rules can move money between any two of them on a schedule or a threshold.

What happens when a contractor’s bank rejects a payment?

An instant payment that is declined falls back to same-day ACH by itself. A returned ACH payment comes back to the funding account within two business days, and the contractor is asked to fix their details.

Do you support contractors outside the United States?

Not today. Pinnacle pays US bank accounts in all 50 states and DC, and files US tax forms. That focus is why the rails and the 1099s work the way they do.

Is there an API?

Yes — the same one the dashboard uses. Create contractors, build and approve runs, and receive signed webhooks when each payout settles.

Move one pay cycle and keep the rest.

Import your contractors as a CSV, fund the balance from your business checking, and send a test payout to yourself before anyone else is paid.

Open an account Talk to treasury