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How will Veterans Day and other federal holidays affect my payroll processing?

If a payday falls on a federal banking holiday, how to get your payroll or when you having your paycheck.

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How will Veterans Day and other federal holidays affect my payroll processing?

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  1. How will Veterans Day and other federal holidays affect my payroll processing? Presented By: QuickBooks Payroll Support WizXpert

  2. How will Veterans Day and other federal holidays affect my payroll processing? Overview If a payday falls on a federal banking holiday: • If no changes are made to your payroll, direct deposit paychecks will be posted on the first business day after a bank holiday. • If you want to pay employees before the holiday, adjust the paycheck date accordingly. You will also need to adjust your submission date to allow for the two business days needed to process payroll and direct deposits (Holidays are not considered business days). If your date change includes the leap year day, February 29, verify your computer/operating/calendar system recognizes the date. • If a payday falls within two banking days of a holiday, payroll must be submitted one day earlier than usual. Example: Labor Day holiday falls on a Monday. Payroll must be submitted Wednesday August 28th for a payday of Friday August 30th.

  3. Details Note: Payroll Transmissions are normally due: • QuickBooks Desktop Payroll Basic / Enhanced​ and QuickBooks Desktop Payroll Assisted - 2 business days before the check date before 5:00 pm Pacific Time. Federal banking holidays are not considered business days. • Intuit Online Payroll and QuickBooks Online Payroll Enhanced - 2 business days before the check date before 5:00 pm Pacific Time. Federal banking holidays are not considered business days. • Intuit Full Service Payroll (IFSP) and QuickBooks Online Payroll Full Service - 2 business days before the check date before 3:00 pm Pacific Time. Federal banking holidays are not considered business days. Select the Federal Reserve Holiday listed below to see how the holiday affects your payroll processing schedule, payroll tax payments and direct deposit and for tips on how you can stay compliant with the Fair Labor Standards Act.

  4. Veterans Day (Saturday, November 11, 2017): In 2017, Veterans Day is Saturday, November 11 and will not affect payroll processing dated for normal business days. If your normal paycheck date is on 11/11/17, you should: • Change your paycheck date for your direct deposit employees to Friday, 11/10/17. • Send your payroll: • QuickBooks Desktop Payroll Basic / Enhanced​ and QuickBooks Desktop Payroll Assisted - before 5 p.m. Pacific Time on Wednesday, 11/8/17. • Intuit Online Payroll and QuickBooks Online Payroll Enhanced - before 5 p.m. Pacific Time on Wednesday, 11/8/17. • Intuit Full Service Payroll (IFSP) and QuickBooks Online Payroll Full Service - before 3 p.m. Pacific Time on Wednesday, 11/8/17.

  5. If your paycheck date is immediately before or after Veterans Day, consult the table that follows to find out when to send your payroll and when your account will be debited. *Accounts are typically debited before regular banking hours, so you should make sure you have funds in your account to cover the payroll on the day before the actual debit occurs.

  6. Thanksgiving Day (Thursday, November 23, 2017): To allow for the Thanksgiving Day holiday, you might need to send payroll a day earlier than usual. Doing so will help you to comply with the Fair Labor Standards Act and ensure timely payroll tax payments. If your normal paycheck date is on 11/23/17, you should: • Change your paycheck date for your direct deposit employees to Wednesday, 11/22/17. • Send your payroll: • QuickBooks Desktop Payroll Basic / Enhanced​ and QuickBooks Desktop Payroll Assisted - before 5 p.m. Pacific Time on Monday, 11/20/17. • Intuit Online Payroll and QuickBooks Online Payroll Enhanced - before 5 p.m. Pacific Time on Monday, 11/20/17. • Intuit Full Service Payroll (IFSP) and QuickBooks Online Payroll Full Service - before 3 p.m. Pacific Time on Monday, 11/20/17.

  7. If your paycheck date is immediately before or after Thanksgiving Day, consult the table that follows to find out when to send your payroll and when your account will be debited. *Accounts are typically debited before regular banking hours, so you should make sure you have funds in your account to cover the payroll on the day before the actual debit occurs.

  8. Christmas Day (Monday, December 25, 2017): To allow for the Christmas holiday, you might need to send payroll a day earlier than usual. Doing so will help you to comply with the Fair Labor Standards Act and ensure timely payroll tax payments. If your normal paycheck date is on 12/25/2017, you should: • Change your paycheck date for your direct deposit employees to Friday, 12/22/17 • Send your payroll: • QuickBooks Desktop Payroll Basic / Enhanced​ and QuickBooks Desktop Payroll Assisted - before 5 p.m. Pacific Time on Wednesday, 12/20/17. • Intuit Online Payroll and QuickBooks Online Payroll Enhanced - before 5 p.m. Pacific Time on Wednesday, 12/20/17. • Intuit Full Service Payroll (IFSP) and QuickBooks Online Payroll Full Service - before 3 p.m. Pacific Time on Wednesday, 12/20/17.

  9. If your paycheck date is immediately before or after Christmas Day, consult the table that follows to find out when to send your payroll and when your account will be debited. *Accounts are typically debited before regular banking hours, so you should make sure you have funds in your account to cover the payroll on the day before the actual debit occurs.

  10. New Year's Day (Monday, January 1, 2018): To allow for the New Year's Day holiday, you might need to send payroll a day earlier than usual. Doing so will help you to comply with the Fair Labor Standards Act and ensure timely payroll tax payments. If your normal paycheck date is on 1/1/2018, you should: • Change your paycheck date for your direct deposit employees to Friday, 12/29/17. • Send your payroll: • QuickBooks Desktop Payroll Basic / Enhanced​ and QuickBooks Desktop Payroll Assisted - before 5 p.m. Pacific Time on Wednesday, 12/27/17. • Intuit Online Payroll and QuickBooks Online Payroll Enhanced - before 5 p.m. Pacific Time on Wednesday, 12/27/17. • Intuit Full Service Payroll (IFSP) and QuickBooks Online Payroll Full Service - before 3 p.m. Pacific Time on Wednesday, 12/27/17.

  11. If your paycheck date is immediately before or after New Year's Day, consult the table that follows to find out when to send your payroll and when your account will be debited. *Accounts are typically debited before regular banking hours, so you should make sure you have funds in your account to cover the payroll on the day before the actual debit occurs.

  12. Martin Luther King, Jr. Day (Monday, January 15, 2018): To allow for the Martin Luther King, Jr. Day holiday, you might need to send payroll a day earlier than usual. Doing so will help you to comply with the Fair Labor Standards Act and ensure timely payroll tax payments. If your normal paycheck date is on 1/15/18, you should: • Change your paycheck date for your direct deposit employees to Friday, 1/12/18. • Send your payroll: • QuickBooks Desktop Payroll Basic / Enhanced​ and QuickBooks Desktop Payroll Assisted - before 5 p.m. Pacific Time on Wednesday, 1/10/18. • Intuit Online Payroll and QuickBooks Online Payroll Enhanced - before 5 p.m. Pacific Time on Wednesday, 1/10/18. • Intuit Full Service Payroll (IFSP) and QuickBooks Online Payroll Full Service - before 3 p.m. Pacific Time on Wednesday, 1/10/18.

  13. If your paycheck date is immediately before or after Martin Luther King, Jr. Day, consult the table that follows to find out when to send your payroll and when your account will be debited. *Accounts are typically debited before regular banking hours, so you should make sure you have funds in your account to cover the payroll on the day before the actual debit occurs.

  14. Presidents' Day (Monday, February 19, 2018): To allow for the Presidents' Day holiday, you might need to send payroll a day earlier than usual. Doing so will help you to comply with the Fair Labor Standards Act and ensure timely payroll tax payments. If your normal paycheck date is on 2/19/18, you should: • Change your paycheck date for your direct deposit employees to Friday, 2/16/18. • Send your payroll: • QuickBooks Desktop Payroll Basic / Enhanced​ and QuickBooks Desktop Payroll Assisted - before 5 p.m. Pacific Time on Wednesday, 2/14/18. • Intuit Online Payroll and QuickBooks Online Payroll Enhanced - before 5 p.m. Pacific Time on Wednesday, 2/14/18. • Intuit Full Service Payroll (IFSP) and QuickBooks Online Payroll Full Service - before 3 p.m. Pacific Time on Wednesday, 2/14/18.

  15. If your paycheck date is immediately before or after Presidents' Day, consult the table that follows to find out when to send your payroll and when your account will be debited. *Accounts are typically debited before regular banking hours, so you should make sure you have funds in your account to cover the payroll on the day before the actual debit occurs.

  16. Memorial Day (Monday, May 28, 2018): To allow for the Memorial Day holiday, you might need to send payroll a day earlier than usual. Doing so will help you to comply with the Fair Labor Standards Act and ensure timely payroll tax payments. If your normal paycheck date is on 5/28/18, you should: • Change your paycheck date for your direct deposit employees to Friday, 5/25/17. • Send your payroll: • QuickBooks Desktop Payroll Basic / Enhanced​ and QuickBooks Desktop Payroll Assisted - before 5 p.m. Pacific Time on Wednesday, 5/23/18. • Intuit Online Payroll and QuickBooks Online Payroll Enhanced - before 5 p.m. Pacific Time on Wednesday, 5/23/18. • Intuit Full Service Payroll (IFSP) and QuickBooks Online Payroll Full Service - before 3 p.m. Pacific Time on Wednesday, 5/23/18.

  17. If your paycheck date is immediately before or after Memorial Day, consult the table that follows to find out when to send your payroll and when your account will be debited. *Accounts are typically debited before regular banking hours, so you should make sure you have funds in your account to cover the payroll on the day before the actual debit occurs.

  18. Independence Day (Wednesday, July 4, 2018): To allow for the Independence Day holiday, you might need to send payroll a day earlier than usual. Doing so will help you to comply with the Fair Labor Standards Act and ensure timely payroll tax payments. If your normal paycheck date is on 7/4/18, you should: • Change your paycheck date for your direct deposit employees to Tuesday, 7/3/18. • Send your payroll: • QuickBooks Desktop Payroll Basic / Enhanced​ and QuickBooks Desktop Payroll Assisted - before 5 p.m. Pacific Time on Friday, 6/29/18. • Intuit Online Payroll and QuickBooks Online Payroll Enhanced - before 5 p.m. Pacific Time on Friday, 6/29/2018. • Intuit Full Service Payroll (IFSP) and QuickBooks Online Payroll Full Service - before 3 p.m. Pacific Time on Friday, 6/29/2018.

  19. *Accounts are typically debited before regular banking hours, so you should make sure you have funds in your account to cover the payroll on the day before the actual debit occurs. If your paycheck date is immediately before or after Independence Day, consult the table that follows to find out when to send your payroll and when your account will be debited. QuickBooks Point of sale Invalid Product Number

  20. Labor Day (Monday, September 3, 2018): To allow for the Labor Day holiday, you might need to send payroll a day earlier than usual. Doing so will help you to comply with the Fair Labor Standards Act and ensure timely payroll tax payments. If your normal paycheck date is on 9/4/17, you should: • Change your paycheck date for your direct deposit employees to Friday, 9/1/17. • Send your payroll: • QuickBooks Desktop Payroll Basic / Enhanced​ and QuickBooks Desktop Payroll Assisted - before 5 p.m. Pacific Time on Wednesday, 8/30/17. • Intuit Online Payroll and QuickBooks Online Payroll Enhanced - before 5 p.m. Pacific Time on Wednesday, 8/30/17. • Intuit Full Service Payroll (IFSP) and QuickBooks Online Payroll Full Service - before 3 p.m. Pacific Time on Wednesday, 8/30/17.

  21. *Accounts are typically debited before regular banking hours, so you should make sure you have funds in your account to cover the payroll on the day before the actual debit occurs. Note: Direct Deposits are also affected by Bank Holidays. These dates are included in the last columns of each table above. If your paycheck date is immediately before or after Labor Day, consult the table that follows to find out when to send your payroll and when your account will be debited.

  22. Columbus Day (Monday, October 8, 2018): To allow for the Columbus Day holiday, you might need to send payroll a day earlier than usual. Doing so will help you to comply with the Fair Labor Standards Act and ensure timely payroll tax payments. If your normal paycheck date is on 10/8/17, you should: • Change your paycheck date for your direct deposit employees to Friday, 10/5/17. • Send your payroll: • QuickBooks Desktop Payroll Basic / Enhanced​ and QuickBooks Desktop Payroll Assisted - before 5 p.m. Pacific Time on Wednesday, 10/3/17. • Intuit Online Payroll and QuickBooks Online Payroll Enhanced - before 5 p.m. Pacific Time on Wednesday, 10/3/17. • Intuit Full Service Payroll (IFSP) and QuickBooks Online Payroll Full Service - before 3 p.m. Pacific Time on Wednesday, 10/3/17.

  23. *Accounts are typically debited before regular banking hours, so you should make sure you have funds in your account to cover the payroll on the day before the actual debit occurs. If your paycheck date is immediately before or after Columbus Day, consult the table that follows to find out when to send your payroll and when your account will be debited. GET SUPPORT FOR QUICK BOOK

  24. Direct Deposit schedule calculator, for reference. If a Federal Reserve bank holiday falls on a scheduled payday, or one or two days prior to a scheduled payday, you may need to adjust your paycheck date or send in your payroll earlier than you would otherwise. For example, if the check date is Tuesday and Monday is a holiday, send your paychecks by: • QuickBooks Desktop Payroll Basic / Enhanced​ and QuickBooks Desktop Payroll Assisted - the preceding Thursday before 5:00 p.m. Pacific Time. (The time stamp can't be later than 4:59 p.m.) The debit then occurs on Friday. • Intuit Online Payroll and QuickBooks Online Payroll Enhanced - the preceding Thursday before 5:00 p.m. Pacific Time. (The time stamp can't be later than 4:59 p.m.) The debit then occurs on Friday. • Intuit Full Service Payroll (IFSP) and QuickBooks Online Payroll Full Service - the preceding Thursday before 3:00 p.m. Pacific Time. (The time stamp can't be later than 2:59 p.m.) The debit then occurs on Friday.

  25. Intuit Payroll Calendar 2012 • Intuit Payroll Calendar 2013 • Intuit Payroll Calendar 2014 • Intuit Payroll Calendar 2015 • Intuit Payroll Calendar 2016 • Intuit Payroll Calendar 2017 The table below shows when to send payroll for bank holidays, based on when your payday and the bank holiday occur. Any Query call now toll free: QuickBooks Proadvisor Support Phone Number 1855 441 4417

  26. Thanks for Watching! Article Source: https://community.intuit.com/articles/1436612-how-will-veterans-day-and-other-federal-holidays-affect-my-payroll-processing

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