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Level 1

Veterans day direct deposit

will the direct deposit hit the bank on friday if i run payroll today?

 

1 Comment
QuickBooks Team

Veterans day direct deposit

Hi there, Me69. 

 

Thanks for stopping by the Community, if you're looking for information on banking holidays and direct deposit, then I'm your guy! Federal holidays are non-banking days. So, if payroll is submitted on a non-banking day, like today then your direct deposit will be drawn from your account the next banking day. Additionally, banks often close on state holidays. You’ll want to double-check with your bank for any state holidays they observe.

 

Note: Make sure to allow for your specific lead time for your payroll service.

 

You can read through the following article as it highlight's everything you need to know about banking holidays and when you can and can't process direct deposit. 

If you have any other questions, please don't hesitate to ask here anytime. Thank you and have a lovely day. 

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