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Latest Compliance News

Memorial Day holiday

5/7/20

Author: ADP Admin/Thursday, May 7, 2020/Categories: News, Compliance Corner

ADP would like to remind you that Memorial Day, Monday May 25, 2020 is a bank holiday. The Federal Reserve will be closed as will ADP’s offices. 

To ensure timely employee direct deposits we recommend you accept and approve your payroll 48 business hours prior to pay date and no later than 2:30pm Eastern Time / 11:30am Pacific Time. Payrolls processed less than 48 hours prior to pay date could experience late funding of employee direct deposits and tax deposits, and a delay in the delivery of your payroll package.

In order to prevent a delay in the posting of the direct deposit transactions to your employees' accounts, it is very important that you review your payroll processing schedule prior to submitting your payroll.  Consider your current processing date and pay date to determine if a change is necessary to account for the bank holiday.  If a change is necessary, please contact your Payroll Service Representative for assistance.

Use this chart as a guide to determine if a payroll schedule change is necessary. Please note if you are a wire client or over threshold client, you will need to check with your bank for their wire cut-off times. To ensure timely employee direct deposits, ADP must have funds by Noon (local time) 2 business days prior to check date.

If your Pay Date will be:

Your Payroll must be Completed/Accepted by 2:30pm Eastern Time on:

Wire Clients and Over Threshold Clients -
Funding Due Date:

ACH Clients

ADP Will Debit Your Account:

Friday

05/22/2020

Tuesday

05/19/2020

Wednesday

05/20/2020

Thursday

05/21/2020

Monday

Memorial Day

05/25/2020

Move Pay Date to Friday 05/22/2020 or Tuesday 05/26/2020
Follow Friday or Tuesday Pay Date processing information listed here

Tuesday

05/26/2020

Wednesday

05/20/2020

Thursday

05/21/2020

Friday

05/22/2020

Wednesday

05/27/2020

Thursday

05/21/2020

Friday

05/22/2020

Tuesday

05/26/2020

 

Note: Electronic transactions received with a pay date of 05/25/2020 will not be deposited until 05/26/2020, depending upon the individual’s depository institution.

Submit changes to your ADP Payroll Schedule through self-service directly from Workforce Now which are effective real-time.  Select Process > Payroll > Payroll Schedule.  Click on the About This Page link for additional information.

In addition, you will be able to schedule Previous Quarter Adjustments Payrolls and Submit Prior Quarter Adjustments.  Select Process > Payroll > Payroll Schedule > Choose Payroll Type > Previous Qtr. Adjustments.

If you have any questions, got to the Support icon in ADP Workforce Now® - the question mark icon in the upper right part of the Workforce Now screen.