funding time for direct deposit (desktop with assisted payroll)

Hello there, @Tharmon321.

Let me share the reason why you have a payroll overdue notification for Next-day direct deposit, as well as some insights into the said features timing or funding time for holidays in QuickBooks Desktop (QBDT) Payroll. This way, you can pay your employees on time and manage your transactions accordingly.

Yes, the sudden change has something to do with July 4th, Independence Day. Since you use QBDT Assisted Payroll, you have a Next-day (1-day) funding time. However, if your payday falls on or two days after a holiday, you'll have to submit your payroll info (hours) for employees one business day earlier than you normally would.

Based on your description, I can tell that your payday is on July 6 (Wednesday). Since it's two days after Independence Day (July 4, Monday), you should've submitted payroll info (hours) for your employees on July 1st, Friday. The money will be drawn from your account before regular banking hours the next business day. This way, they can receive their pay on time.

You can read these articles for the complete details: 

• Holiday Payroll Calendar
• How do federal holidays affect my direct deposit?

After running your payroll, you can check if it was sent successfully and received by Intuit. This is to guarantee that your direct deposits are processed on time. You can learn more about this through this article: Send payroll and direct deposit paychecks in QuickBooks Desktop Payroll.

Please don't hesitate to keep me posted in the comments below if you have other payroll concerns or questions about managing direct deposit transactions in QBDT Payroll. I'm always ready to help. Take care, and have a great day, @Tharmon321.