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How do I match a direct deposit that is split into 2 banks account. Quickbooks doesn't recognize the 2 separate deposits as a match for the employee

 
6 Comments
QuickBooks Team

Hello there john.raganoheati, I'm glad to have you here i...

Hello there john.raganoheati,

I'm glad to have you here in the QuickBooks Community. Allow me to help you with split direct deposit transactions.

In QuickBooks Online, you're unable to match the transactions from online banking to the one in the register. The steps in the article below will allow you to work around this limitation:

How to deal with split direct deposit transactions with Online Banking (OLB).

This will help you set up match split direct deposits. If you have additional questions about QuickBooks, please let me know by clicking the Add comment button below.
Active Member

Re: Hello there john.raganoheati, I'm glad to have you here i...

The link you provided "does not exist" -- this problem is one I have as well. 

Senior Contributor *

Re: Hello there john.raganoheati, I'm glad to have you here i...


@soundslikejoe wrote:

The link you provided "does not exist" -- this problem is one I have as well. 


Yep, same. 

QuickBooks Team

Re: Hello there john.raganoheati, I'm glad to have you here i...

Hello there, soundslikejoe, dylanh724.

 

I'd be glad to share additional clarification about split direct deposits in QuickBooks Online.

 

Since users are migrating from Learn and Support into the new QuickBooks Community forum, the article I've attached above is already archived. However, I want to let you know that split direct deposits will now show as two transactions on your register.

 

That said, you can now match them with the downloaded transactions from your bank. For more information about the process, I'm adding the article I recommend on this:

 

Add and match downloaded banking transactions.

 

I'm here anytime you need help so please don't hesitate to reach out. The Community will keep an eye out on your response.

Active Member

Re: Hello there john.raganoheati, I'm glad to have you here i...

hi John,

The link above does not clarify how to match 1 entry in Payroll (a paycheck to an employee) that has a split direct deposit into 2 different accounts (they appear as two withdrawals on the bank statement).

 

Can you assist?

 

QuickBooks Team

Re: Hello there john.raganoheati, I'm glad to have you here i...

I can provide clarifications about split direct deposit transactions, btvlad.

 

QuickBooks Online (QBO) can match only one bank transaction to one QBO transaction. In your case, I'd suggest to manually clear the payroll transaction you've created in QBO. To do this, we need to exclude the downloaded transactions first. 

 

Here's how to exclude it:

  1. From the Banking page, check the direct deposit transactions.
  2. Select the Batch actions drop-down.
  3. Choose Exclude Selected.

reconcile.PNG

 

Then, go to your Chart of Accounts.

  1. Locate the correct account.
  2. From the Action column, click View register
  3. Select the transaction. On the reconciliation status field, click on it to change the status to C (Cleared).

reconcile1.PNG

 

If you have other concerns about bank transactions, please let me know.