cancel
Showing results for 
Search instead for 
Did you mean: 
lizkelsey8705
Level 1

Is there anyway to cancel direct deposit once processed and cut a check instead?

Trying to get our people paid since payroll seems to be down, down not have it paid out twice.
8 Comments 8
IamjuViel
QuickBooks Team

Is there anyway to cancel direct deposit once processed and cut a check instead?

Hello, @lizkelsey8705.

 

You can cancel a direct deposit payroll depending on its paycheck date. Let me share some information on how it works.

 

Before anything else, I just want to inform  you that earlier this morning, we were alerted to a third-party issue with direct deposit processing that has delayed the deposit of employees' paychecks into their accounts. However, you need not to worry, the issue has been resolved. Your employees should expect to see the funds available in their bank account by end of the day today.

 

On the other hand, if you choose to continue with cancelling your employee's direct deposit paycheck, you'd want to consider the following:

  • For two-days lead time processing, make sure you delete it earlier than 5:00 PM Pacific Time, 2 banking days before the paycheck date.
  • For one-day lead time processing, make sure to delete it earlier than 5:00 PM Pacific Time, the day before the paycheck date.

 

If the paycheck has been processed beyond those lead time, we can no longer stop the direct deposit process. I'd recommend contacting our Payroll Support team. They have the tools to securely access your account and further assist you with the cancellation of the direct deposit.

 

On the other hand, you can also do an internal agreement with your employee. You can do either of the following:

  • You can either do an internal agreement to return the amount or request a direct deposit reversal. Here's an article for the instructions: Reverse a Direct Deposit.  Then, you can void the paycheck.
  • Inform the employee about the paycheck and will do an adjustment on the next payroll.

You can read through this article for more insights: Can I cancel Direct Deposit payments after they're sent?

 

Keep me posted if you have other questions. I'm always here to help.

Jewelb
Level 1

Is there anyway to cancel direct deposit once processed and cut a check instead?

I'm within the timeline. What is the process?

 

Carneil_C
QuickBooks Team

Is there anyway to cancel direct deposit once processed and cut a check instead?

I appreciate you chiming in on this thread and posting your concern, @Jewelb

 

I'd be delighted to assist you with canceling your direct deposit when you’re in the lead time process of your payroll service. 

 

Beforehand, we may check the status of your payroll. Here’s how: 

 

  1. Go to Settings, then Payroll settings.
  2. Scroll to the Direct Deposit section. 
     

From there, you'll see your funding time is above your direct deposit limits.

 

If your payroll hasn’t been processed, you can delete or void the paycheck. Let me guide you on how: 

 

  1. Go to Payroll, then select Employees.
  2. Select Paycheck list.
  3. Select the paycheck(s) you'd like to delete or void, then select Delete or Void.
  4. Click Yes.

 

Additionally, here’s an article you can refer to for more details on deleting employee paychecks: Delete or void employee paychecks

 

Also, visit this guide here to check your direct deposit funding time to see when your employees see funds in their accounts: View or change your direct deposit funding time.

 

Please let me know if you have additional questions or concerns about payroll direct deposit in QuickBooks Online. You can reach out to the Community at any time. Take care!

mjfoshee
Level 1

Is there anyway to cancel direct deposit once processed and cut a check instead?

Where is the settings tab

Carneil_C
QuickBooks Team

Is there anyway to cancel direct deposit once processed and cut a check instead?

Thanks for chiming in on this thread, @mjfoshee.

 

I'd be happy to walk you through how to find the settings menu in QuickBooks Online.

 

You'll be able to locate it in the upper right corner of your QBO. You can refer to this screenshot below for your reference:

 

From there, you'll be able to locate the Accounts and Settings and the Payroll Settings under Company.

 

Additionally, feel free to visit this article if you're referring to customizing your view in QBO: Understand the navigation menu in QuickBooks Online. It includes a detailed step-by-step procedure if you want to use the bookmark feature to shorten the steps for your most common QuickBooks tasks.

 

Please tag me if you have other concerns about managing your preferences, account, or QBO-related tasks. I'll get back to you as soon as possible. Stay safe, and enjoy navigating!

jbresee17
Level 1

Is there anyway to cancel direct deposit once processed and cut a check instead?

what is the process for an internal agreement with an employee?

 

jbresee17
Level 1

Is there anyway to cancel direct deposit once processed and cut a check instead?

What is the internal agreement process that is mentioned?

FishingForAnswers
Level 9

Is there anyway to cancel direct deposit once processed and cut a check instead?

@jbresee17  They just mean that you can talk about the problem with your employee and come to an agreement with them.

Sign in for expert help
Ask questions, post replies & join our community of QuickBooks users.

Need to get in touch?

Contact us