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catherined
Level 1

Can I schedule a contractor payment a month ahead of time and have it direct deposited on the day I select?

 
2 Comments 2
MichelleBh
Moderator

Can I schedule a contractor payment a month ahead of time and have it direct deposited on the day I select?

You're in the right place to get answers, @catherined

 

Yes, you can schedule a contractor payment one month advance in QuickBooks Online(QBO). I'll show you how to achieve that task in your account. 

 

In QBO, we have max 45 days to create advance direct deposit payment. If this is your first time using Direct Deposit (DD), you'll be required to complete the following information:

 

 

Once done, you may now follow the steps below: 

 

  1. Go to the Payroll menu and choose Contractors.
  2. Pick appropriate transaction type in the Pay with direct deposit drop-down.
  3. Enter the amount for the direct deposit.
  4. Select a Category and Bank account
  5. Ensure that the date on Pay on section is correct. 
  6. Click Save & Send or Pay

 

For more details, see this link: Pay a contractor with direct deposit.

 

Additionally, I recommend reading these articles to help track and manage your vendor/contractor payments:

 

 

I'm still here if you have any other concerns or additional questions about direct deposit. Just post the details, and I'll reply as quickly as I can.

Fiat Lux - ASIA
Level 15

Can I schedule a contractor payment a month ahead of time and have it direct deposited on the day I select?

@catherined 

You can also utilize Melio to schedule (and pay) your contractors for free.

https://melio.grsm.io/quickbooks

 

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