Hey there, @ljensen.
Hope you're having a good evening. I'm here to provide some insight on the Direct Deposit processing cutoff times. Due to bank restrictions, Direct Deposit transactions must be processed before 5PM (PST). If processed after that time, it won't be processed by the bank until the following business day.
Here's an awesome resource on Direct Deposit I recommend checking out: Send payroll and direct deposit paychecks in QuickBooks Desktop Payroll
I noticed this was your first post here in the Community. We're glad to have you here. I wanted to share with you some other great resources, such as our business page. You can find tons of conversations involving small business owners and long-term business members looking to grow.
Use the Reply option below if you run into any other questions. I'll be here to help. Enjoy the rest of your evening!