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zulema-planetoat
Level 1

I need to confirm my bank account to pay a contractor using direct deposit

Once I press- "Lets go" - it takes me to a page that reads " we are getting your bank account ready" - I set it up yesterday. How long does it take for the information to go though?
1 Comment 1
ReymondO
QuickBooks Team

I need to confirm my bank account to pay a contractor using direct deposit

Hey there, @zulema-planetoat.

 

After setting up your contractor on direct deposit, you need to verify a direct deposit test transaction. In 2-3 business days, a small debit of less than $1.00 will be taken from your account as a test.

 

You can verify the amount either by checking your bank statement online or by calling your bank. The charge will appear on the bank statement as QuickBooks: Verify Bank.

 

To verify this amount:

 

  1. Go to the Settings ⚙️ and click Payroll Settings.
  2. Under Payroll, select Direct Deposit.
  3. Click Verify Test Transaction. Please take note that this option won't be available until the test amount has been debited.
  4. Enter the test transaction amount in both boxes (less than $1.00) Just enter the pennies only, without a dollar sign.
  5. Select Ok.

direct deposit.PNG

Once done, you can now pay your contractors using direct deposit in QuickBooks.

 

Please also take note that you only get one attempt to verify your test transaction. If you aren't successful, contact our Payroll Support for assistance.

 

I'm still here if you have other questions regarding your payroll service. Just post your questions here, I'll respond as soon as possible. More power to your business.

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