Funding: What to Expect for Your Payroll Week With a Wednesday Check Date

Overview:

Process and Deadlines:

By Monday Close of Business

You have entered all time, proofed all timecards, and notified LOP (via the LOP Help Center) that payroll is ready to be processed.

All timecard backups transmitted to LOP
LOP pays all available transactions and posts payroll

By Tuesday at 11:00 AM
LOP closes the week

By Tuesday at 1:00 PM

We complete a Funding Run and will initiate a bank wire for the amount you are funded.

If you are negative for the week, we will complete a reverse wire to collect the owed amount.

LOP then releases payroll to employees following receipt of funds
  • EPay Checks are delivered via ACH
  • Live Checks are sent via FedEx overnight delivery to delivery address

After funding has been completed, you can review the "Funding Earning Statement" report for a full breakdown of your Funding.

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