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Latest Compliance News

Thanksgiving holiday payroll schedule

11/05/20

Author: ADP Admin/Wednesday, November 4, 2020/Categories: News

ADP would like to remind you that Thanksgiving Day, Thursday November 26, 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.

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/approved by the end of the business day on:


Wire Clients and Over Threshold Clients - Funding Due Date:



ACH Clients - ADP Will Debit Your Account:

Wednesday, 11/25/2020

Friday, 11/20/2020

Monday, 11/23/2020

Tuesday, 11/24/2020


Thanksgiving Day Thursday, 11/26/2020


Move Pay Date to Wednesday, 11/25/2020 or Friday, 11/27/2020

Follow Wednesday or Friday Pay Date processing information listed here

Friday, 11/27/2020

Monday, 11/23/2020

Tuesday, 11/24/2020

Wednesday, 11/25/2020

Monday, 11/30/2020

Tuesday, 11/24/2020

Wednesday, 11/25/2020

Friday, 11/27/2020

 

Note: Electronic transactions received with a pay date of 11/26/2020 will not be deposited until 11/27/2020, 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 additional questions or concerns, Go to the Support icon in ADP Workforce Now® - the question mark icon in the upper right part of the Workforce Now screen.