There are three timelines used to process payments by direct deposit. All customers will be put on 2-day payments when they begin running payroll with Gusto, and some customers will qualify for next-day payments.
Payments run on a weekend or bank holiday will not begin processing until the following business day.
Next-day payments are available to our Complete, Concierge, and Select customers. If you don’t have access to this feature, admins can upgrade the plan. With next-day payments, you can run payroll or contractor payments up to one business day in advance of the check date.
Important reminder about payment timeline—notify your employees
For next-day payments, funds are deposited in your team's bank account by the end of the next business day. Most people—depending on their bank—will see the funds arrive the next afternoon, but payments may arrive as late as the end of the business day.
Next-day payment requirements
Next-day payment timeline example
With 2-day payments, you can process payments up to two business days in advance of the check date. Funds are usually deposited in your team's bank account(s) earlier in the morning.
2-day payment requirements
2-day payment timeline example
With 4-day payments, you have to process payments four business days in advance of the check date.
If you're processing 2-day or 1-day payments and want to go back to a 4-day processing time, follow the instructions below.