Direct deposit to and from the same account

div-six · ‎April 26, 2019

Greetings, I thought I had payroll set up correctly but when I direct deposit a paycheck to myself, the funds are both debited and credited to my personal checking account! The transaction is shown on QB in my business checking account, but it doesn't appear on my bank statement. Personal Checking.JPG QB error.JPG

div-six · ‎April 28, 2019

It seems as though I set up direct deposit incorrectly. I entered my Personal account info under bank information in the setup page. It's odd to me though that QB still entered the debit into my Business checking register!

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Charies_M · ‎April 26, 2019

Hello there, div-six.

It's nice to see you here in the Community. Let me to share some information about the Direct Deposit process in QuickBooks Desktop.

Once you send your direct deposit, paychecks will automatically be posted in QuickBooks Desktop. In this case, I recommend you get in touch with your bank to check and verify the status of your direct deposit.

To be more familiar on how direct deposit works in QuickBooks, you can refer to this article (scroll down and go to Direct Deposit processing timeline.): Set up direct deposit.

Please let me know if you're referring to something else by leaving a comment below. I'd be glad to answer if you have follow-up questions.

div-six · ‎April 28, 2019

It seems as though I set up direct deposit incorrectly. I entered my Personal account info under bank information in the setup page. It's odd to me though that QB still entered the debit into my Business checking register!

View solution in original post

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Direct deposit to and from the same account