Does that mean that if i process the payroll and submit for Direct Deposit before 5pm on Weds, then the employees would receive their pay in their bank accounts by that Friday??
Thanks for getting back to us. Allow me to help share additional details about the direct deposit in QuickBooks.
As long as there are no holidays in between the direct deposit processing timeline, then yes, your employee will receive their pay by Friday. I'd like to provide you with further details through this helpful article: Set up direct deposit.
You can scroll down and check the processing timeline scenarios provided in this article. This should help you ensure that your deposits to your employees aren't delayed.
For additional support about payroll, you can check out our support website for desktop payroll: https://community.intuit.com/products/payroll-help-en-us?infosrc=qs&service=16.
Let me know if you have additional questions about direct deposit. I'll be here to help.
Thanks for bringing this payroll situation to my attention, @Becca87.
Ensuring your employees receive their payment on time is my priority. Allow me to provide you with some details about the processing timelines for QuickBooks Desktop direct deposit payroll.
The payroll should be submitted last Wednesday before 5 pm PST, at least two Federal banking days prior to the paycheck date.
To verify when you submit the payroll, here’s how:
Once verified, I’d recommend letting your employee contact their bank to verify with them the exact time on when their payroll will be posted to their account.
For additional insights, you may check out these articles:
Thank you for dropping by here in the Community. I can help you with your concern about processing payroll in QuickBooks.
If you submit your payroll on Fridays, your employees will get paid on Tuesdays. However, this will depend on if there are banking holidays in between when processing the paychecks.
If you're not sure on when to send payroll, I have a tool here that I'm sure you'll find helpful. Just choose the check date on the calendar and the system will show when is the last day you need to process it.
Here's the link:
For future reference regarding Direct Deposit, such as the processing times, I'm adding the article I recommend:
Feel free to let me know if you need additional assistance with running payroll. The Community is always up to lend a hand.
Thanks for joining us here, hollydazzle.
Direct Deposit does not process transactions during weekends. Following a 2-day time lead, the paycheck will be deposited in the employee's bank account on Monday.
Please take note that federal holidays also affects the timing when deposits are made. Please refer to these articles for more details:
Don't hesitate to reach out to us again if you need anything else.
Ive set the pay date for my employee to be on previous Friday, they got the email saying they will get funds on their account on previous Friday as well. Then they got the email they will get funds on Monday. It is end of Tuesday and there is no money on their account. Also on the Quickbooks paycheck list it says processed.
Thanks for posting to the Community, @tpisnik.
The bank account or routing number of the employee may have incorrectly entered when setting up a direct deposit payment.
To check this, you'll need to reach our Payroll Support team to verify it and ways to get the deposits posted into the right account. From there, they have tools to pull up your payroll account and assist you in getting this resolved.
I've added some articles for additional reference which covers how to update an employee's bank account information and update your bank info as well:
Feel free to leave a comment if you have more questions. The Community is always here to help. Take care!
I'll point you in the right direction for support with your query.
Since that's the case, I suggest contacting our Payroll Support team for further assistance. They can investigate as to why your employees haven't received their pay via direct deposit yet.
You can follow the steps provided by my colleague @Jovychris_A above.
Take a look at this article as well: How do federal holidays affect my direct deposit? It shares insights on how you can manage your pay dates, especially if they fall during a federal holiday.
Have other questions in mind? Share them in the comments below, and I'll be sure to get back to you.