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Basin404
Level 2

Direct Deposit Holiday Season 2020

Is there a direct deposit schedule yet for November and December?  We would like to plan ahead.

1 Comment 1
CharleneMaeF
QuickBooks Team

Direct Deposit Holiday Season 2020

Let me first welcome you here in the Community, Basin404.

 

Thanks for choosing QuickBooks to cater to your business needs.

 

As of now, we don't have a schedule for the November and December holiday season. When processing the direct deposit, you'll have to ensure that your payroll should be processed and sent before 5 p.m., Pacific Time, two federal banking days before your paycheck date. 

 

Additionally, if payroll is submitted on a non-banking day, your direct deposit will be drawn from your account the next banking day. Also, banks often close on state holidays. Make sure to double-check with your bank for any state holidays they follow.

 

I also suggest reading this article to learn how to make sure your employees get paid on time when there’s a holiday: How Do Federal Holidays Affect my Direct Deposit?

 

I've also included an article that'll help you fix if you get an error message about direct deposit limits when you process payroll. This ensures all your employees are paid: Get Help if You’re Over a Direct Deposit Limit.

 

I'll be right here to help if you need further assistance. Feel free to tag my name anytime. Doing so helps me to assist you as soon as I can.

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