Check out the newest features from across the QuickBooks Payroll lineup.
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September, 2020: Next day direct deposit in QuickBooks Desktop Payroll Assisted
Next day direct deposit allows you to process payroll the banking day before payday. You get to keep your money in your bank account until payday and more time to make sure your payroll is accurate before sending it to us.
You don’t need to make any changes to your payroll schedule to use next day direct deposit. For instance, to pay your employees on Friday, send your payroll by 5:00 PM PT on Thursday. We debit your bank account for the direct deposits and taxes on Friday.
Here are answers to additional questions about next day direct deposit.
When can I start using Next day direct deposit?
This will be available to some customers starting Tuesday, September 15, 2020. All QuickBooks Desktop Payroll Assisted customers can start using this new feature by the end of October.
Look in your Payroll Center for the ‘Next day direct deposit’ banner. You can also check your Process payroll by date. If you see the banner or your process payroll by date is the banking day before payday, you can start using Next day direct deposit.
Is there an extra charge to use Next day direct deposit?
No. This is included in your payroll service.
Do my direct deposit limits change?
No. Your direct deposit limits stay the same.