Vision Payroll

December 16, 2018

New Year’s Day Holiday May Require Change in Processing Schedule

Filed under: News — Vision @ 7:02 pm
New Year's Day Holiday May Require Change in Processing Schedule

New Year’s Day Holiday May Require Change in Processing Schedule

Tuesday, January 1, 2019 will be New Year’s Day, a federal holiday. The offices of Vision Payroll will close New Year’s Eve, Monday December 31 at 3 pm EST and re-open Wednesday January 2. Most banks will also be closed in observance of the holiday. Payroll changes and hours must be submitted before the processing deadlines as listed below.

Normal Payroll Date Process Deadline
1/1/2019 12/27/2018
1/2/2019 12/28/2018
1/3/2019 12/31/2018

Payroll Dates May Be Affected by New Year’s Day

Payrolls dated January 1 will be paid December 31 unless a previous change in schedule has been submitted. Payrolls submitted after these processing deadlines will be pushed back until the next available processing day. No changes are required for payrolls dated January 4.

Bank Withdrawal Dates Will Change for Some Payrolls

For payrolls dated December 31, including those normally paid on Tuesdays, ACH withdrawals from clients’ accounts will occur on Friday, December 28. For payrolls dated January 2, ACH withdrawals from clients’ accounts will occur on Monday, December 31. This is necessary to ensure timely crediting of employees’ accounts on the proper day.

UPS Will Limit Deliveries and Pickups

Due to heavy USPS and UPS delivery requirements as well as limited bank hours and staffing, we strongly recommend submitting payrolls during this time as early as practicable. Since the final bank processing for ACH transactions on December 31 is 1 pm EST, in order to ensure proper crediting of transactions for Wednesday, January 2, we recommend submitting payrolls dated Wednesday no later than 2 pm EST, Friday, December 28. Ground packages received by UPS on December 28 will not be delivered until January 2. Ground packages received by UPS on December 31 do not ship from UPS until January 2 so we do not recommend submitting on that date any payrolls dated before January 3. If you prefer to upgrade your shipping to UPS Next Day Air, you may request this upgrade when submitting your payroll. Earlier deadlines, delivery limitations, and additional fees may apply to UPS Next Day Air shipments.

New Year’s Day Is Next Federal Holiday

The next federal holiday will be Monday, January 21, 2019, Birthday of Martin Luther King, Jr. Contact Vision Payroll as soon as possible to make changes to or for questions on your processing schedule.

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