thread Re: How to have direct deposit processed and deposited to employees bank within 3 days after pay ... in Archived Discussions (Read Only)

Square Payroll: Is it possible to have an irregular pay schedule?

billdozer — Thu, 19 Apr 2018 20:30:55 GMT

My income is done by the number of jobs. Sometimes I have months with no income and others with income. Is it possible to set up an manual pay schedule? For example, pay myself twice in one month and one 3 months from now.

Re: Square Payroll: Is it possible to have an irregular pay schedule?

Helen — Mon, 23 Apr 2018 21:30:20 GMT

Sorry for this late reply @billdozer!

Square Payroll offers four pay period schedules: monthly, weekly, semi-monthly (2 pay periods per month), and bi-weekly (every two weeks).

If you need to make a payment outside of the payroll schedules above, you can run an off-cycle Payroll payment.

Let me know if you have any other questions!

How to have direct deposit processed and deposited to employees bank within 3 days after pay period?

MoMoToGo — Wed, 24 Jun 2020 22:23:13 GMT

I use Square Payroll. All my employees are enrolled into direct deposit. Pays are done weekly basis, meaning Monday to Sunday's payroll are paid on the following Wednesday. But it looks like direct deposit is not happening before the Friday. Can I change it to happen in Wednesday or at least earlier than the Friday?

Re: How to have direct deposit processed and deposited to employees bank within 3 days after pay ...

JustinC — Fri, 26 Jun 2020 14:55:26 GMT

Thanks for writing in @MoMoToGo!

With On-cycle payments, the payday is always 5 business days after the end of the pay period (the due date is always the first business day after the end of the pay period, and payday is 4 business days after that).

So you have a couple options:

Submit an off-cycle payment 4 business days before the desired pay date. This requires manual action is cannot be automated.
Apply for 2 day payroll which allows you to submit payroll up to 2 business days from your team’s pay date.

I hope this helps!