Changing the default bank account

Forum|Forum|7 years ago
January 23, 2019
22 replies
374 views

I recently changed banks, set that new bank account up in Quickbooks, had to use the old one for a while until I set up everything that is involved when changing banks. I have now closed the old account, but it still comes up as the default bank account for all my transactions: payments, payroll, etc. How do I change the default bank account to my new one?

QuickBooks Desktop

Best answer by Rochelley

Edit --> Preferences --> Chequing --> Choose default account to use for Write Cheques, Pay Bills and Make Deposits.

RochelleyAnswer

Level 2

Edit --> Preferences --> Chequing --> Choose default account to use for Write Cheques, Pay Bills and Make Deposits.

susan459Author

Thank you! This is so simple, I wonder why it wasn't in the Help file...

RCV

QuickBooks Team

Thank you! I do not have Payments feature; I meant recording payments, as in Write Checks and Print Checks. How can I change the default bank account for recording transactions in QB Online? Thank you!

Thanks for coming back, CMB23.

QuickBooks Online (QBO) does not have a Company Setting to set a default bank account for writing checks. On the other hand, QBO employs "sticky" settings. It will recall the bank account that was used in the previous transaction of that type. Although this is not a default account, it functions similarly to a regular account.

When a new transaction is entered, features such as Checks, Pay Bills, and the Deposit field on the Receive Payments screen will always populate with the last account used. The "sticky" settings are unique to each user. Until they create a check with a different account, each user will default to the first bank account listed on the Chart of Accounts.

You can also check out these links that'll help you review your downloaded bank transactions and put them in the correct accounts. This way, you can ensure your record is accurate:

I'll be here to continue assisting if you have any other concerns about managing your bank accounts in QuickBooks. Just leave the details below, and I'll get back to you.

Sign up

Login with SSO

Let's get you signed in

Login with SSO