Direct Deposit Funding and Timing Options

As a Patriot Software customer, you have two options for how to fund direct deposit payments to your employees. This will determine your deadlines for running payroll before the pay date.

1. Standard Option:You must process payroll at leastfour daysbefore the pay date. Patriot will collect money from your business bank account after payroll is run.
2. Expedited Option:2-day direct deposit is available for established well-qualified customers. Please contact support for expedited direct deposit consideration.
3. Prefund Option:爱国者将从您的企业银行账户提前收款，所以它将准备更快地发送给员工。你可以在发薪日前一天处理工资单。

In both cases, your deadline for processing payroll with direct deposit will be 8:00 p.m. Eastern time, although we recommend not waiting until the last minute, in the event of an unexpected technical delay.

For more details about how prefunding works and disabling prefund for a payroll, seeUsing Prefunded Direct Deposit.

您也可以在发薪日前一个银行日电汇资金到爱国者。汇款到爱国者的截止日期是发薪日的前一天下午3点。SeeWire Instructions for Patriot Software Direct Deposit.

Standard 4-Day Direct Deposit

When you use the Standard Option, the pay date must always be at least four (4) banking days after the date you run payroll. Patriot will collect the money from your business bank account after you run payroll, confirm the collection is successful, then send the money to the employee bank accounts.

Here is an example:

The transaction on your bank statement will read “Patriot Software Payroll” for direct deposit collections and refunds.

Prefunded Direct Deposit

When you use the Prefund Option, Patriot has already collected money from your business before you run payroll, so you can pay employees quicker. Once your current prefunded balance is established, you can make the pay date either one, two, three, or four days after the date you run payroll. Any pay date over 4 days will use the Standard option, and your prefunded balance will not be used. For more details, seeUsing Prefunded Direct Deposit.

Here is an example showing setting the initial prefunded balance to $1000 for the first time.

你的银行对账单上的交易将会写着"爱国者软件预融资"用于所有预融资的托收和退款。188金宝慱平台

Bank Holidays

When a bank holiday falls within a payroll week, you will need to add an extra day to your process. For more details, seePatriot Direct Deposit Bank Holidays.

Direct Deposit Timing Tool

We’ve created a direct deposit spreadsheet tool for you to help determine the day you need to run payroll. Just input your desired pay date, and the tool will indicate the day to run payroll by. This works best in Google Docs or Excel.

Turn Off Direct Deposit for One Payroll

To turn off the direct deposit for one payroll, go toPayroll > Run Payroll.

Change the Direct Deposit toggle from “Enabled” to “Disabled.” The payroll run will not have direct deposit and you will need to print or handwrite paychecks. The Direct Deposit setting will return to “Enabled” after the payroll run.