Hello there, LindseyMem.
I'm here to ensure you're able to confirm the test transaction in QuickBooks. This way, you can verify your new payroll funding account and pay your employees on time.
Verifying the test transaction is required when you connect or update your payroll bank account. Please note that you only get one attempt to confirm your test transaction. To successfully verify, you'll have to enter the test transaction amount in both boxes without a dollar sign or decimal point.
In your QuickBooks account, you can verify your test transaction in two ways. Its either by selecting the payroll task notification in the Employees page or through the Payroll settings window. Let me guide you how.
- Go to the Workers menu.
- Select Employees.
- Click Finish payroll tasks on the main Employees page.
- Select Verify the test deposit now.
- Enter the test transaction amount in both boxes (less than $1.00).
- Click OK.
In case you don't have the New payroll tasks button, here's another way to verify test transaction:
- Go to the Gear icon.
- Select Payroll Settings.
- Under Bank Accounts, select Company.
- Select Verify Account, then enter and confirm the amount.
With your payroll account, you can pay your employees with direct deposit. To learn more about how to set up and add employees to direct deposit, kindly check out this article for the detailed steps: Set up direct deposit for employees. It also contains reminders before performing the process.
Moreover, there are a variety of payroll reports that the system offers. This is to effectively manage your employees and monitor your account. Kindly refer to this article for the complete list of payroll reports available in QuickBooks and their description: Run payroll reports.
Please let me know if you have other concerns. I'm just around to help.
