If all employees are salary and direct deposit, is there any issues with processing payroll early but have it wait to do the deposits?

bookkeeper-peori · ‎October 02, 2020

This is my first payroll with Quickbooks online so I am not sure of the timing of everything.

john-pero · ‎October 02, 2020

You run a payroll schedule with a projected pay date and no matter when, as long as you submit by 5 pm PST 2 business days prior then the pay will de deducted from your account 1 day before payday and DD will happen on payday.

If you are just running payroll today then your employees will not see their DD until next Tuesday so you may want to issue paper checks today and plan on running payroll every Wednesday for a Friday payday

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john-pero · ‎October 02, 2020

You run a payroll schedule with a projected pay date and no matter when, as long as you submit by 5 pm PST 2 business days prior then the pay will de deducted from your account 1 day before payday and DD will happen on payday.

If you are just running payroll today then your employees will not see their DD until next Tuesday so you may want to issue paper checks today and plan on running payroll every Wednesday for a Friday payday

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If all employees are salary and direct deposit, is there any issues with processing payroll early but have it wait to do the deposits?

If all employees are salary and direct deposit, is there any issues with processing payroll early but have it wait to do the deposits?

If all employees are salary and direct deposit, is there any issues with processing payroll early but have it wait to do the deposits?

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