Important Payroll and Invoice Processing Dates

We understand that timely payroll processing and invoice management are crucial aspects of maintaining smooth operations within your organizations. To assist you in planning and adhering to deadlines effectively, we've outlined the key dates and times related to our monthly payrun and invoice processing.

Monthly Payrun Schedule:

Our payrun is conducted on a monthly basis, typically scheduled for the last working day of each month. This ensures that all employees receive their salaries or wages promptly. For example, if the last working day of the month falls on a weekend or a public holiday, the payrun will be processed on the preceding working day.

Cut-off Dates and Times for Invoice Processing:

To ensure timely payment and accurate financial records, it's essential to adhere to the following cut-off dates and times for invoice submission:

Submission Deadline:	Time Cut-off:	Invoice Approval Process:	Payment Processing Time:
Invoices must be submitted no later than the 20th of each month to be included in the upcoming payrun.	All invoices should be submitted by 12:00 PM (noon) local time on the 20th of the month. Any invoices received after this time will be processed in the subsequent payrun.	Please ensure that invoices are complete, accurate, and accompanied by any necessary supporting documentation. Invoices requiring additional approval or clarification may experience delays in processing.	Once invoices are received and approved, payments will be processed within our standard payment terms, which may vary based on contractual agreements.

Important Considerations:

• Late submission of invoices may result in delayed payment, impacting cash flow and vendor relationships.
• Incomplete or inaccurate invoices may be returned for correction, causing further delays in processing.
• It's recommended to submit invoices well in advance of the deadline to allow ample time for review and resolution of any issues.

Communication Channels:

If you encounter any challenges or have questions regarding the invoice submission process or payment status, please reach out to our Accounts Payable department. We're here to provide assistance and ensure a smooth experience for all parties involved.

It is important to follow the specified payrun schedule and invoice processing deadlines to keep your organization's financial operations running smoothly. We thank you for your cooperation in submitting everything on time and we are excited to keep working together.