I don't think it was just an issue with the notice being wrong.  I think the whole system was messed up.  Usually when you try to process direct deposit after the cutoff, it gives you a pop up notification that it is too late to process the payroll.  It will then give you the option to change the date of the paychecks or issue paper checks instead.  When I processed the payroll on Wednesday for Friday direct deposit, it didn't give my any kind of notice that it would be late.  If it had, I could have given the employees warning that the direct deposit would be late and the option for a paper check.