Payroll Funding Options
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      3. Payroll Funding Options

      Payroll Processing Timelines

      When does payroll need to be processed to meet the deadline?

      Overview

      • It is important to know your payroll processing timeline and proper funding methods to ensure your employees and payroll taxes are funded timely. 
      • Be careful when your processing window falls around a weekend or holiday, as those do not count as business days included in any timeline.
      • Please review your funding options and required submission dates. Contact support@fuseworkforce.com if you have any questions or concerns.

      Reviewing Scheduled Submit Dates

      1. Navigate to Menu>Team>Payroll>Process Payroll.
      2. If you do not see Scheduled Submit Date as a column on your report, you can Add/Remove Columns using the ellipses on the top right to add to your view.

      Payroll Funding Options

      Your payroll funding options will limit or extend the amount of time you need to submit/finalize your payroll before your check date. Don't hesitate to get in touch with support@fuseworkforce.com if you are unsure of the funding option selected by your company.

      • 5-Day processing Window
        • Your payroll needs to be finalized four business days before your check date by 3:30 pm EST.
        • ACH funds for direct deposits, taxes, and invoicing will be collected the business day after your payroll is finalized.
        • If your processing window is affected by a holiday, you will need to submit payroll earlier than your normal processing day, or if you are not able to process early, you will need to send a manual wire. Please contact support@fuseworkforce.com if you need to override your funding to manual wire.
      • Reverse Wire (a.k.a. wire drawdown)
        • Your payroll must be processed/finalized at least two business days before your check date by 3:30 pm EST.
        • The reverse wire/wire drawdown request is sent to your bank the business day before your check date.
        • The transactions should clear by 1 pm EST. If you do not see this on your bank transactions by this time, please contact your bank for additional assistance. You may need to send a manual wire at this time. Wired funds must be received by 5 pm EST when the wire department closes.
        • If your processing window is affected by a holiday, you will need to submit payroll earlier than normal, or if you are not able to process early, you will need to send a manual wire. Please contact support@fuseworkforce.com if you need to override your funding to manual wire.
      • Mandatory/Manual Wire
        • You must manually wire all payroll funds the business day before your check date. Wired funds must be received by 5 pm EST when the wire department closes.
        • We suggest processing payroll at least two business days before your check date to allow time to get the wire information and start your wire processing.