An Overview to Process a Late Payroll | QuickBooks

The Customers who are using QuickBooks Desktop Assisted Payroll or Direct Deposit services are supposed to submit payroll 5:00 P.M. Pacific Time at least 2 banking days before the paycheck date.

A banking day refers to a banking business day (Monday through Friday) that does not include a Federal Reserve Bank holiday, or a state or local holiday. This deadline enables Intuit to process the payroll, properly deposit funds or submit filings on your behalf.

Processing a late payroll can adversely impact your business in the following ways:

  • A paycheck on direct deposits takes two banking days to post, so employees do not get paid on time.
  • Tax amendments and penalties can be incurred if filing submissions are not entered correctly.
  • Any fees, interest or penalties due to the agency will be your responsibility, and you may also have to pay service fees for filing amendments.
  •  For Assisted payroll, you will be penalized with a Late Payroll Processing Fee If …
  • User has an active Intuit Desktop QuickBooks payroll subscription with direct deposit on paycheck or you are on the Intuit QuickBooks Desktop Assisted Payroll service.

Learn More:

How to handle drive payroll processing exceptions in QuickBooks Details about processing a late payroll

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