Payroll Transactions

After you complete payroll setup tasks, you can begin performing payroll transactions in NetSuite.

Task	See...
Processing Payroll Batches	Payroll Processing Schedule Creating a Payroll Batch Creating an Off-Cycle Payroll Batch Viewing Payroll Batches Calculating a Payroll Batch Viewing Individual Paychecks Editing Payroll Items in Bulk on a Payroll Batch Editing an Individual Paycheck from a Payroll Batch Committing a Payroll Batch
Payroll Reversals and Adjustments	Creating a Payroll Reversal Committing Payroll Reversals Creating Payroll Adjustments
Payroll Transaction Status	Viewing the Status of a Payroll Batch Viewing Payroll Disbursements
Payroll liabilities	Making Payroll Liability Payments
Print checks and vouchers	Print Payroll Checks or Vouchers Printing Paychecks Printing Direct Deposit Vouchers
Other	Allocating Paycheck Expenses to Projects Complete Quarterly or Yearly Payroll Tasks Recording Third-Party Sick Pay Payments

The paycheck journal transaction is not a part of SuitePeople U.S. Payroll. When the Paycheck Journal feature is enabled, this transaction is available for partners' use in creating international payroll solutions. For more information, see Paycheck Journal Feature.

About Direct Deposit

Direct deposit is included in SuitePeople U.S. Payroll. NetSuite uses an authorized third party to permit Electronic Funds Transfer (EFT) payment of payroll funds and to permit the transfer of payroll funds. Using direct deposit for the automatic transfer of funds between financial institutions can help to simplify your payroll process.

When you commit payroll batches, NetSuite transmits direct deposit payment data to the authorized third party. This party then transfers the funds to the appropriate financial institutions.

Important:

For payrolls received by 2:00 p.m. Pacific Time, payrolls are processed as received. Direct deposits for payrolls received by 2:00 p.m. Pacific Time are processed and sent to the bank the next business day. Settlement in the employees’ accounts occurs one business day later. You can track the status of all Direct Deposit transactions by going to Transactions > Employees > View Payroll Status (Administrator).

Before you can use direct deposit, you must set up your company bank accounts for transferring funds. For more information, see Setting Default Accounts for Payroll.

For more information about using direct deposit with SuitePeople U.S. Payroll, see the following topics:

• Setting up Direct Deposit for an Employee

• Enabling Employees to Update Direct Deposit Information

• Viewing the Status of Direct Deposit Transactions

Related Topics

Processing Payroll Batches

Searching for Paychecks

Payroll Dashboard Overview

Payroll Transaction Status

Making Payroll Liability Payments

Payroll Setup

Payroll Reports and Workbooks

Frequently Asked Questions: Payroll

SuitePeople U.S. Payroll

General Notices