I found some instructions online in order to set up a "Bank Direct Deposit" deduction of 100% of Net Pay which goes directly into "Direct Deposit Liabilities", however we're trying to figure out how to pay these liabilities as EFTs directly to employees. I expect we have to set up the employee information as payee's with the bank.
Is there an easier way to create a payroll clearing account to export a report which we can then upload to TD Online Banking for direct deposits? I'm not sold on Telpay being the ONLY option.
I'm using Quickbooks Premier+Payroll 2016 (Canada)
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