Can i pay my employee today with direct deposit?

Hi there, diamond-dmsclogi.

We definitely to make sure that you're able to pay your employees on time. Is your Direct Deposit already active? What is the expected payday? 

We're asking these questions so we would know that we share the correct information to address your concern.

Please add a reply below to share more details. We look forward to it. 

I ran payroll yesterday but it seems the employees won't get paid until Monday.  
Is there a way I can get them paid today?

I ran the payroll yesterday expecting them to be paid today but it says they will not be paid until Monday.  Is there anyway for me to get them paid today?

Thanks for getting back to us and providing additional details, @diamond-dmsclogi.

In QuickBooks Online (QBO), the processing and approval of cut-off times depend on your payroll service. When you run a direct deposit (DD) that has two banking days lead time, your employees will receive their pay two banking days after submitting it.

That said, if you process the direct deposit last Thursday then your employees will receive the payment on Monday since weekends are excluded for the two banking days. 

If you want to get them paid today, you can issue a paper check. Just follow the steps below on how to create a paycheck in QuickBooks Online:

1. Go to Workers on the left panel and select the Employees tab.
2. Click the Run payroll button at the upper-right corner.
3. Select a pay schedule for this payroll.
4. Click Continue.
5. In the Pay Meth column, select Paper check.
6. Once ready, you can now submit it.
7. Select Preview payroll.
8. Click Submit.

You'll want to check this article to know more about paychecks: Create paychecks in online payroll.

On the other hand, you can cancel or void a direct deposit payroll depending on its paycheck check and status. You'd want to consider the following:

• Next day direct deposit: If you submit your payroll before 5:00 PM PT the day before the pay date, then after 5:00 PM PT that same day, paychecks will begin processing and cannot be deleted.
• Same day direct deposit: If you submit your payroll before 7:00 AM PT the same day as the payment date after 7:00 AM PT that same day, paychecks will begin processing and cannot be deleted.

If it's already submitted, we can no longer stop the direct deposit process. I'd recommend contacting our Payroll Support team. They have the tools to securely access your account and further assist you with voiding your direct deposit payroll.

On the other hand, you can cancel or void a direct deposit payroll depending on its paycheck check and status. You'd want to consider the following:

• Next day direct deposit: If you submit your payroll before 5:00 PM PT the day before the pay date, then after 5:00 PM PT that same day, paychecks will begin processing and cannot be deleted.
• Same day direct deposit: If you submit your payroll before 7:00 AM PT the same day as the payment date after 7:00 AM PT that same day, paychecks will begin processing and cannot be deleted.

If the paycheck was already submitted, we can no longer stop the direct deposit process. I'd recommend contacting our Payroll Support team. They have the tools to securely access your account and further assist you with voiding your direct deposit payroll.

I'm also attaching this link for additional reference on how to handle direct deposit issues and create reports for voided checks:

• Create unscheduled checks in Online Payroll
• Fix direct deposit issues
• How to create a report of voided checks

I'm always here to help if you have any other concerns or questions. Just tag my name in the comment section and I'll get back to you as soon as I can. Have a great day, @diamond-dmsclogi.

 On average, direct deposit usually takes one to three business days to clear. The process is fast, but the actual time frame for the funds to hit your account depends on when the issuer initiates the payment. Several other factors can also cause delays.

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