When will my employees receive their funds in their bank account?
When will my employees receive their funds in their bank account?
There are two types of processing times, so it depends which schedule your agency has been set up for.
2 - Day Processing: your employees will receive their money 2 days after you submit payroll.
4 - Day Processing: your employees will receive their money 4 days after you submit payroll.
Holiday exceptions: if the paydate falls on a federal reserve holiday, then you will need to adjust the paydate to the day prior or after.
Your workers will get paid on the pay date you selected, as long as you submit payroll by the cut-off time.
NOTE: There are four deposit schedules, so if you submit later in the evening your workers will get paid later in the day.
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