Hi there, @alabamarolltide.
Changing your payroll bank account is just a few clicks in QuickBooks Online (QBO).
Let me show you how:
Once done, we'll verify your new account with a test transaction within 2-3 business days. For more details about this, see Step 5 on this article: Change your payroll bank account.
As for transferring funds from your business checking to your newly formed payroll checking account, you can do this by doing a transfer online. You can also connect your bank account to online banking to have the transactions be automatically downloaded to your QBO account. For more details, see this resource: Connect bank and credit card accounts to QuickBooks Online.
If you have more questions about managing your payroll in QBO. Just reply in the comment section and I'll get back to you as quickly as I can. Have a great day.
Well, that didn't work. I don't have add banking account under the gear icon. I can to accounts nd add bank account but it doesn't show under banking nor does it ask for routing and account number.
Let me help provide clarifications to your concern, alabamarolltide.
The Banking page can be found on the Banking menu. From there you can add a new bank account for your payroll and transfer funds.
All you need to know about connecting a bank account in QBO can be found in thes articles:
For your next steps, here's an article that you might find helpful when matching and manage your downloaded transactions: Categorize and match online bank transactions in QuickBooks Online.
Keep in touch if you need any more assistance with this, or there's something else I can do for you. I've got your back. Have a good day.
Welcome to the thread, @KES3.
Let me share information about adding a new payroll bank account in QuickBooks Desktop (QBDT).
In changing the employer's payroll bank account, there are a few things you need to prepare and do.
These are the following:
For more detailed instructions for every step, here's an article: Change your payroll bank account. Then, go to the QuickBooks Desktop Payroll section.
Should you want to check your direct deposit limit amounts, look at this resource for more insights: Get help if you're over a direct deposit limit.
If you have any other concerns about managing your payroll, let me know by commenting below. I'll be glad to work with you anytime. Have a good day!