How far in advance do I need to initiate a transaction to ensure funds are available for payroll?

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• When should I submit the payroll transaction to get funds in my bank account?

  To have the funds in your bank account before QuickBooks processes payroll, you need to submit the payroll transaction at least two days in advance. If you don't need the funds ahead of time, you can process payroll as usual and Zil Money will ...

• What are the credit card transaction fees for payroll?

  Online Check Writer is very affordable and charges only 2.90% of the payroll transaction and a $0.20 if the processing method is ACH and $10 for Wire. The receiver doesn't need to pay any fees.

• What is the reason for negative available funds?

  Your available limit is a dynamic limit that can be adjusted or changed based on the business's performance. Sometimes, when your business performance is low, your available limit can be reduced below the available funds. This will result in negative ...

• What payroll documents do I need to upload?

  You need a payroll summary from your payroll provider that clearly shows the total payout amount. This is required for each payroll cycle, even if the amount stays the same.

• What's the process for payroll payments?

  Upload payroll summary/statement Enter the amount to be processed Submit for processing Funds are available in 2 - 5 business days