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Sheri28
Level 1

With tomorrow being a holiday when should we submit payroll of our submit time is Thursday by 5 PM??

 
1 Comment 1
Rea_M
Moderator

With tomorrow being a holiday when should we submit payroll of our submit time is Thursday by 5 PM??

You should submit the payroll by 5 PM today, Wednesday, Sheri28.

 

Holidays can affect your paydays and when you need to send your payroll.

 

With QuickBooks Online Payroll (QBOP) Core, you may have a 1-day or a 5-day lead time. This means you need to send your payroll before 5:00 PM PT one business day before payday with a 1-day lead time. If you have a 5-day lead time, ensure your payroll is processed by 5:00 PM PT five business days prior to payday.

 

If you have Premium or Elite payroll products, you have same-day direct deposit or a 5-day lead time. With same-day direct deposit, you must approve your paychecks the day before payday. Then, submit your payroll an additional day in advance if you have a 5-day lead time.

 

For more insight about the information above, please see this article: How do federal holidays affect my direct deposit?

 

After running your payroll, you'd like to generate a summary report to review your employees' totals and other payroll-related data. For guidance, check out this article: Create a payroll summary report in QuickBooks.

 

Also, if you want to elevate your payroll processing, I highly recommend exploring QuickBooks Payroll. With its robust time-tracking and faster direct deposit features, you can transform your business.

 

If you have other payroll concerns, return to this thread so we can help you.

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