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How will Memorial Day affect my direct deposit? | Monday, May 29, 2017

Good bookkeeping is crucial to the success of your business. But there is more to it than balancing your checkbook. Whether you just want someone to do the data entry for you, or you need everything reconciled, we can do as much or as little of the monthly processing as you require. Since we speak the same language, we can act as the liaison with your tax preparer, ensuring that closing entries are posted and financials tie to tax returns. out of the box technology's Bookkeeping manager will speak about the way we work with clients to ensure a successful relationship when it comes to handling your books. Don't miss this one!

How will Memorial Day affect my direct deposit? | Monday, May 29, 2017

Please be advised that Monday May 29th is Memorial Day. This may affect Payrolls that you are responsible for.  How will Memorial Day (Monday, May 29, 2017) affect my direct deposit?
QuickBooks Payroll will not process direct deposits on Monday, May 29, 2017 due to the Federal Reserve Bank’s observance of the Memorial Day holiday.

In order for your direct deposit employees to receive their paychecks by 5/29/2017, you should:

  1. Change your paycheck date to Friday, 5/26/2017
  2. Send your payroll by 5 PM Pacific Time on Wednesday, 5/24/2017

For other paycheck dates, you might need to send your direct deposit payroll a day earlier than usual, as described below:

* Accounts are typically debited before regular banking hours, so you should have sufficient available funds in your account the day before the actual debit occurs.

 Additional questions about payroll?

Call one of our payroll specialists at (503) 885-0776 today.

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