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March 28, 2024
Question

What is the payroll core lead time for direct deposit?

  • March 28, 2024
  • 1 reply
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1 reply

March 28, 2024

It's good to see you here in the Community space, Sam.

 

You may have a day or five-day lead time for your direct deposit feature in QuickBooks Online Payroll Core. I'd be glad to discuss this in detail and guide you on how to proceed.

 

With a one-day lead time, you can submit your payroll before 5:00 PM PST one business day before payday. This allows you to void or add paychecks up to 4:59 PM OST that day. After 5:00 PM, payroll begins processing and can't be stopped.

 

On the other hand, a five-day lead time means you can submit your payroll before 5:00 PM PST, five business days before payday. If the payday falls on a Friday, submit your payroll before payday.

 

Once the payroll is submitted, the money will be withdrawn from your account. Then, your employees will receive their payment on payday.

 

After running your payroll, you can also check your payroll reports to review your liabilities in QuickBooks before paying your taxes.

 

If there's anything else I can do to help you with your payroll in QBO, please don't hesitate to comment down below.