QuickBooks is the top-leading accounting software that provides exceptional accounting features and functions. It also provides its users with the direct deposit feature using which you can deposit the employee's salary into their bank account electronically. Direct Deposits is the easiest way businesses can pay their employees on time without making much effort. But before paying the employees, users need to setup QuickBooks payroll direct deposit. Therefore, we recommend you continue reading his post to get the QuickBooks payroll tutorial.
Users with no technical knowledge might find the steps to setup direct deposit a bit tricky. So, to assist you with this, we have enclosed the stepwise instructions to setup QuickBooks Payroll direct deposit in this post. However, if you find these steps difficult to implement on your own, connect with our experts. You can connect with our experts by dialing our helpline number +1(855)-738-0359.
You need to perform three different steps to set up QuickBooks payroll direct deposit. However, to learn about these steps in detail, go through the below-listed points attentively.
Related Post: QuickBooks Multi-User Mode Not Working
To begin the process, open QuickBooks and log into your QB account via valid QB admin credentials.
Select the My Payroll Service from the Employees menu and then opt for the Activate Direct Deposit. Further, click on the Get Started button.
Following this, tap on the Start option on the business tab and add the required details within the respective text fields.
Move ahead by tapping on the Next button after inserting the principal info correctly.
Now, pick the Add new bank account option and then select Next.
Soon after this, feed all the required details for your employer's bank account and the principal officer of the account. Furthermore, click on the Continue option.
Establish a new PIN for sending payroll to Intuit, confirm it twice, and then click Submit.
After clicking Next, choose to Accept and Submit.
If QuickBooks prompts you, enter the Principal Officer's SSN and click Submit.
As a result, you will be displayed with any one of the following messages:
Your bank accounts are linked: If this notice occurs, you can skip through to the third phase of the operation.
Thank you for registering for QuickBooks Direct Deposit: This notification indicates that your bank is not yet fully connected, and you must proceed to the next step in the process.
Recommend Blog: QuickBooks Closes Unexpectedly
You must verify your bank account within two business days for a $1 or less deduction from Intuit QuickBooks Payroll.
After this, open QuickBooks and log in as QB admin once the amount has been debited.
Thereafter, opt for the My Payroll Service from the Employee menu.
Log into your Intuit Account and select "Activate Direct Deposit."
Enter the amount deducted from your bank account twice on the page and then click Verify.
After you have verified your payroll PIN, click Submit.
Finally, press the OK button.
To keep your company records, you must have a voided check with the Direct Deposit Authorization form from your employees.
Proceed further by clicking on the Employees menu followed by the Employee Center to bring up the employee list of your organization.
Pick any of your employee’s names from the list of options, and then go to the Payroll Info tab.
Click on the Use Direct Deposit for [employee's name] from the Direct Deposit window.
Soon after this, you need to pick whether to pay the employee by depositing the paycheck into one or two accounts and then feeding their bank details like bank name, routing number, account number, and account type.
Fill in the Amount to Deposit area with the amount or percentage to deposit into the first account if you choose two accounts.
If prompted, enter your direct deposit PIN and click OK to save the information.
Ending Note!!
We assure you that this post has helped you better understand how to Setup QuickBooks Payroll Direct Deposit. However, if you are stuck at any of these steps or unable to proceed further, consult with our experts by dialing our helpline number +1(855)-738-0359.