Learn more about contractor direct deposit in QuickBooks Online Payroll.
With an active payroll subscription, pay your contractors via direct deposit. It’s a faster and more efficient way of paying them instead of cash or check.
Here’s what you need to know about direct deposit’s accessibility, billing, timing and more.
To use direct deposit, you need to subscribe to any version of QuickBooks Online Payroll.
Note: If you have inactive W-2 employees or no employees at all, you still need to have a subscription to pay contractors with direct deposit.
To start using direct deposit (DD) make sure that:
- The direct deposit set-up is complete.
- You have 1 bank account assigned to use for all DD transactions only. The use of different funding bank accounts is not possible.
- You have an active subscription to any version of QuickBooks Online Payroll. If you have inactive W-2 employees or no employees at all, you still need to have a subscription to pay contractors with direct deposit.
I created a contractor direct deposit but deleted it. Will I be charged for the deleted transaction?
If a client is on our wholesale billing, can they activate direct deposit? And charge it to my account without my involvement?
Timing and process
Can I use the mobile app in creating a contractor direct deposit?