I just did Payroll and QB applied payments internally to the wrong bank account. How do I fix this? Direct deposits are already processed thru correct bank acccount.

Thank you for reaching out to us here on the Community page, @dan107.

Let's make sure your payroll will be posted to the correct bank moving forward.

To start, let's correct the bank account set up from the Accounting Preferences so payroll transactions will be applied to the correct bank account.

Here's how:

1. Open your QuickBooks Online account then select Payroll Settings from the Gear icon.
2. Select Accounting from the Payroll Settings.
3. Tap on the edit icon from the Paycheck and payroll tax payments section.
4. Choose the correct account from the Bank account drop-down, then click Continue.

For these transactions that were showing up in the wrong account and already processed through direct deposit, you can enter the payroll checks manually as a journal entry so you can reconcile the account accordingly.

For now, you can either combine all of the employees' paycheck totals into one journal entry or create a separate transaction for each employee. To make sure the amounts are accurate, you can run a payroll report (Payroll Summary, Payroll Summary by Employee, or Payroll Details) as your guide.

Here's how to create a journal entry in QuickBooks Online (QBO):

1. Open your QBO account then select Journal Entry from the New (+) tab.
2. Fill in the necessary information from there.

For more information on how to enter the debits and credits for wages and taxes, as well as a sample paycheck, please check the details from this article: Manually enter payroll paychecks in QuickBooks Online.

Lastly, I recommend consulting with a professional accountant for the specific accounts to use and help record the entries accordingly.

As always, feel free to read the topics from our QBO help articles in case you need tips and related resources while working with QuickBooks or payroll in the future.

Our doors are always open here on the Community page. Don't hesitate to leave a comment below if you have any other questions. Keep safe, @dan107!

I need help with this please. I need to move a payroll check to my NEW payroll bank account, as it has cleared under the wrong account.

It's been a while, and I appreciate you joining the thread today. I can help you move your payroll check to your new payroll bank account to keep your record in place.

You can use a journal entry or a transfer transaction to move the payroll check amount to your new payroll bank account. I'm adding these links as your guide:

• Create journal entries in QuickBooks Online
• Transfer funds between accounts

I've checked that you have a similar concern to the post to which my colleague Jovychris_A has responded. You can view his detailed response by opening this link: https://quickbooks.intuit.com/learn-support/en-us/reports-and-accounting/check-cleared-out-of-wrong-....

Please know that our doors are open 24/7 to help if you have follow-up questions while working on your transactions. Just leave a comment below. Have a good one!

Why can't you just delete the paycheck and then re-enter it under the correct bank account?