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mpbeverage
Level 1

Processing Payroll

If I process payroll on Sunday with paychecks dated the following Friday, when will funds be deducted from our account to cover direct deposits?  Will it still be on Thursday before the check date or will it be sooner?

Solved
Best answer August 22, 2019

Best Answers
JanyRoseB
QuickBooks Team

Processing Payroll

Thanks for getting back to this thread, @mpbeverage.

 

Allow me to chime in and help provide some additional information about the direct deposit processing timelines. 

 

I appreciate the information you've added. When you send direct deposit payroll transactions, we can't provide you the specific day however Intuit will debit the bank account associated on file a day before the check date. 

 

To learn more about the direct deposit, you may want to visit these articles below:

Please know that you're always welcome to post if you have any other questions about QuickBooks payroll. Wishing you and oyour business continued success. 

View solution in original post

3 Comments
Charies_M
Moderator

Processing Payroll

Hello there, mpbeverage.

 

It's my pleasure to give clarifications on how direct deposit works in QuickBooks Desktop.

 

If you send payroll earlier than the recommended processing time, paychecks will still be available on the paycheck date you entered when sending payroll.

 

You might also find the following articles handy for future reference to learn more about how direct deposit works in QuickBooks Desktop: 

Feel free to post any questions you may have aside form processing payroll and I'd be happy to answer them for  you.

mpbeverage
Level 1

Processing Payroll

Thank you Charies_M, but that isn't my question. 

 

Present Scenario:  Payday is on Friday, payroll is processed on Wednesday, Intuit debits the company account on Thursday to cover direct deposits.

 

Question:  Payday is on Friday, payroll is processed on Sunday, Intuit debits the company account on WHAT DAY to cover direct deposits?

JanyRoseB
QuickBooks Team

Processing Payroll

Thanks for getting back to this thread, @mpbeverage.

 

Allow me to chime in and help provide some additional information about the direct deposit processing timelines. 

 

I appreciate the information you've added. When you send direct deposit payroll transactions, we can't provide you the specific day however Intuit will debit the bank account associated on file a day before the check date. 

 

To learn more about the direct deposit, you may want to visit these articles below:

Please know that you're always welcome to post if you have any other questions about QuickBooks payroll. Wishing you and oyour business continued success. 

View solution in original post

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