QB Issue Resolution:

If the paychecks are dated Jan 5 2015 you would have to send the information to Intuit by Wednesday Dec 31 by 5PM PDT.

Resolution for Issue 'When is the latest I can process payroll to have it direct deposited to employees on January 5, 2015?' available: Yes (Solved).
Source: Intuit Community forum.

When is the latest I can process payroll to have it direct deposited to employees on January 5, 2015?: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.

Support for Payroll
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Error Recovery for Payroll [Canada]
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