Good day, kathrynhollis195.
Having two bank accounts won't affect the W-2. As long as the payroll transactions are there and correct, your W-2's will be accurate. The same goes for the reports.
You'll want to check these links for more details about PPP:
Keep on posting here if you have more questions. Stay safe!
Since I don’t see a full year’s payroll posted in reports & I should, I must have set the bank accounts up incorrectly. Can you tell me what setting would keep the 2 accounts from reporting jointly?
So since I should see all the months of payroll from both bank accounts show up in reports and am not, there must be a setting that is not allowing both bank accounts to combine. Can you tell me what setting would keep the 2 accounts from combining for reports & possibly w-2’s?
Hi there, kathrynhollis195.
I can share some information about how reports work in QuickBooks.
Most reports in QuickBooks Online will combine the data in the data from your bank accounts, especially if they contain the same type of transactions. You can try filtering them by distribution account to individually view their associated transactions. However, please take note that this option only available on selected reports. Here's how to do it:
Unfortunately, we're unable to keep the two bank accounts from being jointly reported in Form W-2. Moreover, having multiple bank accounts won't affect the accuracy of the reports and tax forms. As long as you've assigned the payroll transactions to the appropriate bank account, they'll all reflect in your reports and tax forms.
It's possible that some of the transactions weren't properly allocated that's why they're not showing on your reports. To isolate the issue, you can open all your transactions and make sure that they're assigned to the correct bank account.
If they're still unable to view your payrolls for the whole year after reviewing all the transactions, you can perform some basic troubleshooting steps to fix this issue. At times, the stored cache in your browser becomes corrupted causing unusual behaviors in the program. You may start by accessing your QuickBooks account in a private/incognito browser. Feel free to use these shortcut keys:
Once you're in, please run your reports again. If they're now accurate, you'll have to go back to your regular browser and clear the cache to get rid of the accumulated junk files. You can also use other supported browsers as an alternative.
In addition, I've enclosed some articles that will help you streamline the reporting process in QuickBooks Online:
Lastly, I would appreciate if you could tell me what specific report are you trying to pull up. This way, I'll be able to further check it for you.
You can always count on the Community Team if you have any other concerns or follow-up questions. Have a pleasant day ahead.