I acknowledge the value of time and money when you're managing a business, especially in the current circumstances, Samarth.
It appears that your question has been previously addressed in the Community. You'll find the detailed response by clicking on this link: https://quickbooks.intuit.com/learn-support/en-us/employees-and-payroll/payment-scams/01/1468033#M13...
In addition, the timing of direct deposits can impact when you receive your payment. If the transaction was submitted before the cut-off time, you'll receive your direct deposit on the transaction date. Additionally, keep in mind that receiving banks have until 5 PM local time on the pay date to credit the funds to your account.
On the other hand, if the transaction was sent after the cut-off time, it'll be processed the following banking day and deposited a day later. To learn more about funding times for direct deposit and how the holidays affect the transaction, open each link below for the complete details:
Incase you require further information on how to handle a specific task in QuickBooks Self-Employed (QBSE), browse through this link to access our online resources: QBSE hub.
Feel free to visit to the Community if you have any other payment-related concerns or questions. We're always here to offer the support you need.
