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December 22, 2021
Question

Why is direct deposit not depositing on the 24th?

  • December 22, 2021
  • 1 reply
  • 0 views

why is direct depost showing to deposit on monday

1 reply

JasroV
December 22, 2021

I'll help you run your direct deposit (DD) seamlessly, @ren-tools.

 

Since Christmas day falls on Saturday (Dec. 25th), it will be observed on the preceding Friday (Dec. 24th). Thus, if the direct deposit pay date falls to Dec. 24, 2021, it will be processed on Monday (Dec. 27,2021). 

 

To ensure you can process your DD on Dec. 24th, I recommend submitting your payroll two days before a holiday. This way, you can pay your employees on time. You can also refer to this link to learn more details about the process: How do federal holidays affect my direct deposit?

 

Let me also add this link that you can read to learn more about how DD works in QuickBooks Desktop (QBDT):

 

 

I'll be here to help you anytime in running your payroll. Just leave the details in your reply and I'll get back to you as soon as I can. Have a good one!