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August 23, 2026
Question

I'm planning to submit a Monthly payroll (pay period 2026-07-21 to 2026-08-20, pay date 2026-08-27) via Direct Deposit.

  • August 23, 2026
  • 1 reply
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Could you confirm: The latest date I need to submit payroll to have funds deposited by 2026-08-27? How many business days Direct Deposit typically takes? Thank you!

1 reply

QuickBooks Team
August 23, 2026

Direct Deposit usually takes one to two business days to process. However, for new accounts or specific plans, it may take up to five days. Please note that this process excludes weekends and provincial or statutory holidays.

 

Since your target pay date is August 27, which falls on a Thursday, the latest date for submitting your payroll will depend on your specific funding speed tier:
 

- If you're on the standard two-day processing timeline, you must submit your payroll by Tuesday, August 25. 
- If you're on a next-day processing plan, you can submit as late as Wednesday, August 26. 
- For a five-day processing timeline, you need to submit your payroll by Thursday, August 20.

 

To find your exact processing speed and submission cutoff time, please refer to this article for detailed steps: View your direct deposit funding time.

 

Feel free to reach out if you have any additional questions.