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accounting227
Level 1

I am switching bank accounts. How do I switch my payroll withdrawals from the old to the new account?

 
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Anonymous
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I am switching bank accounts. How do I switch my payroll withdrawals from the old to the new account?

Hi there, accounting227.

 

I have the steps for you to follow on how to update your bank account for payroll:

  1. Select Employees, then 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. Then select Update. 
  6. Wait for the confirmation. Then select Close. 

Now, let's update the account that direct deposit paychecks and fees will post to. 

  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.

After one to two banking days, check your bank statement. You'll see two small one-time withdrawals made by QuickBooks Payroll Service. Enter these two test debits in the Payroll Account Management Portal: 

  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.

If you have the Assisted Payroll Service subscription, please follow the steps in this article: Change bank account for Assisted Payroll service deductions

 

We are here to help if you have any other payroll questions. Have a great day! 

 

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