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rentalfinders01
Level 1

How to update company Bank Account for Direct Deposit

 
1 Comment 1
Nick_M
QuickBooks Team

How to update company Bank Account for Direct Deposit

Hello, rentalfinder01. 

 

I'm more than happy to show you how to update your bank account for direct deposit. Follow the steps below and you'll be on your way in no time. 

 

Add the account in QuickBooks Desktop

  1. Select Lists, then Chart of Accounts.
  2. Select the Accounts button, and then select New.
  3. Select Bank, and then select Continue.
  4. Enter your bank account information
  5. Select Save & Close to save your changes.

Update your bank info in Payroll

  1. Select Employees, My Payroll Service, then Accounts/Billing Information.
  2. Sign in using your Intuit Account login.
  3. Go to Payroll Info section. Under Direct Deposit Bank Account select Edit.
  4. Enter your payroll PIN then select Continue.
  5. Enter the new bank account details, and then select Update.
  6. Wait for the confirmation, and then select Close.

Now, update the account that direct deposit paychecks and fees will post to if necessary.

  1. Select Employees, then Send Payroll Data.
  2. On the Send/Receive Data window, select Preferences.
  3. In the Account Preferences, select the new bank account from the drop-down list.
  4. Select OK to save your changes.
  5. Select Close on the Send/Receive Data window.

Verify your new direct deposit bank account

  1. Select Employees, then My Payroll Service, then Account/Billing Information.
  2. Sign in using your Intuit Account login.
  3. Go to Payroll Info section, under Direct Deposit Bank Account select Verify.
  4. Enter and confirm your payroll PIN.
  5. Select Submit.

You can find additional information on these steps and processes at this link below. 

 

- Change your direct deposit bank account for QuickBooks Desktop Payroll

 

If you have any other questions or concerns, feel free to post them below. 

 

Thank you and have a nice afternoon. 

 

 

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