cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
Level 1

We are set up for same-day direct deposit. I ran the payroll Friday, October 30. I did this around 3 PM. When should we receive our direct deposit?

 
1 Comment
Highlighted
QuickBooks Team

We are set up for same-day direct deposit. I ran the payroll Friday, October 30. I did this around 3 PM. When should we receive our direct deposit?

Hi there, SammyJ1.

 

I'll provide information about the funding time when setting up payroll direct deposit.

 

When you submit your payroll before 7:00 AM PST on payday, your money will draw from your account the same day. Your employees will see the money by 5:00 PM (for the employee’s bank timezone). If you approve your paychecks before 5:00 PM PST the business day before payday, we’ll process the direct deposit and debit your account the day before payday. Your employee will receive the funds the next day (on payday).

 

Since you've run the payroll on Friday around 3 PM, your direct deposit will process the next business day(Monday). This means your employees will get paid on that day.

 

For additional information, you can refer to the articles below.

 

 

Please check this article to see information on how you can fix an issue if you get an error message about direct deposit limits when you process payroll in QuickBooks: Get help if you’re over a direct deposit limit.

 

Please know that I'm always here anytime you need more help with this. Have a great day! Take care!

Need to get in touch?

Contact us