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Billavoider
Level 1

Ran enhanced payroll to the wrong bank account

Need some assistance...

We opened up a payroll account and thought we changed the bank account information in the payroll system because intuit did a debit test and found no issue.  Bottom line is that we ran our payroll and submitted it but got taken out of the wrong bank account.  How can I transfer all of the employees check details onto the correct payroll account.  Transferring the funds were not a problem but am concerned that the employees dd checks are on the old account...Thanks in advance for any insight or advice.

1 Comment 1
GlinetteC
Moderator

Ran enhanced payroll to the wrong bank account

Hi there, Billavoider.

 

I appreciate the detailed information you've provided. In Intuit Online Payroll, transferring your employees' payroll details, you'll have to manually enter them as Journal Entries. Moving forward, you'll have to change the information on the payroll settings with the correct bank account.
 

Moreover, I highly suggest consulting your accountant for guidance on which account receives the debit and credit side of the transaction. This is to ensure the accuracy of your books. You can check out this article Find an accountant.

 

Please let me know if you have any other concerns.

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