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TempleFiergola
Level 1

Direct Deposit - multiple bank accounts

Hello! Is there a way to do MORE than two accounts? Thank you!

TempleFiergola
Level 1

Direct Deposit - multiple bank accounts

Is there a way to direct deposit into MORE than two accounts? Thank you!

Jovychris_A
Moderator

Direct Deposit - multiple bank accounts

Hi there, @TempleFiergola.

 

It's my pleasure to answer your query in this Community thread. At this time, the ability to pay more than two accounts using direct deposit is unavailable.

 

In QuickBooks Online Payroll or QuickBooks Desktop Payroll, you're able to use two accounts for each employee's direct deposit. To set them up, follow the steps and screenshots below.

 

QuickBooks Online Payroll:

  1. Go to the Payroll menu.
  2. Select the Employees tab.
  3. Click the employee name and then press Edit Employee.
  4. Scroll down to the bottom and find step 6, How do you want to pay [Employee Name].
  5. Click the Pencil icon.
  6. From the drop-down, choose Direct Deposit to two accounts.
  7. From there, you can enter the accounts an employee will want to use.
  8. Hit Save.

 

QuickBooks Desktop Payroll:

  1. Go to the Employees menu and then choose Employee Center.
  2. Select the employee's name from the list.
  3. Click the Payroll Info tab.
  4. Select the Direct Deposit button, in the pop-up window, choose Direct Deposit to two accounts.
  5. Record the employee's bank account and details and then choose to enter the amount or the percentage used to deposit to the first account in the Amount to Deposit field. The remainder goes to the second account.
  6. Click OK.
  7. Enter direct deposit PIN when prompted.

 

I've added this article that outlines the details: Set up direct deposit for employees.

 

Should you want to check your direct deposit limit amounts, you can take look at this resource for more insights: Get help if you're over a direct deposit limit.

 

Feel free to place a comment if you have any additional questions or concerns about payroll direct deposit. We're always available to help. Take care and have a lovely day.

info1827
Level 2

Direct Deposit - multiple bank accounts

I see this was posted back in 2019, but is there a way to split direct deposits for two separate bank accounts for Contractors yet? 

FritzF
Moderator

Direct Deposit - multiple bank accounts

Hi there, info1827.

 

Thanks for joining this conversation. Allow me to chime in and share information about the contractor's direct deposit (DD) in QuickBooks Online (QBO).

 

Currently, the ability to split DD for contractors is unavailable in QBO. This option is only available for employees at this time.

 

I can see how having this option would be helpful for you and your business. While this isn't available yet, I suggest sending feedback directly to our product developers. They're always looking for ideas to consider on how to improve QuickBooks.

 

Here's how to submit feedback:

 

  1. In QBO, go to the Gear (Settings) icon at the top right.
  2. Select Feedback.
  3. Enter your comments or product suggestions. Then click Next to submit feedback.

 

For more information about managing contractors DD in QBO, consider checking out this article: Pay a contractor with direct deposit.

 

I also recommend visiting our website for more tips and other resources you can use in the future: Self-help articles.

 

Please post again or leave a comment below if you have additional questions about this or anything else. I'm always here, ready to help. Keep safe.

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