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MKhorshed
Level 1

Why Direct Deposit Payroll does not show on Bank register or bank reconciliation?

Why Direct Deposit Payroll does not show on Bank register or bank reconciliation?

Solved
Best answer July 12, 2020

Best Answers
john-pero
Community Champion

Why Direct Deposit Payroll does not show on Bank register or bank reconciliation?

Did you set up the correct bank account?

 

When you run DD payroll each employee's pay will register with a deduction of $0. And these will be on your payroll run date. Previous to that will be a bulk deduction from banking for all of your DD net pay including QB fees (I think fees are in there as I have only run DD once)

 

The bulk deduction will be one day prior to payroll run date.

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1 Comment 1
john-pero
Community Champion

Why Direct Deposit Payroll does not show on Bank register or bank reconciliation?

Did you set up the correct bank account?

 

When you run DD payroll each employee's pay will register with a deduction of $0. And these will be on your payroll run date. Previous to that will be a bulk deduction from banking for all of your DD net pay including QB fees (I think fees are in there as I have only run DD once)

 

The bulk deduction will be one day prior to payroll run date.

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