A large number of businesses depend on the QuickBooks payroll service to pay their employees and contractors on time. This blog has all the details of Activating QuickBooks Direct Deposit, which saves the user’s time and effort. If you also want to pay your employees directly in the bank account, keep reading the blog to learn the procedure to enable direct deposit on your QB.
Approach our QB support team at 1.855.738.2784 for detailed knowledge on the direct deposit.
How to pay direct deposit on your QuickBooks?
We know that QuickBooks allows you to pay your employee salaries and contractor payments. You can use direct deposit to transfer the payment directly to their bank accounts. This saves you from the hassle of manually writing the paychecks and allows you to pay directly from your bank account, which allows ACH transactions. There is a fee for using direct deposit in the payroll service that you can find out in your service subscription.
How to set up direct deposit for employees?
You need to activate the direct deposit on your QuickBooks to pay your employees and contractors directly in their bank accounts. You must have the following info before proceeding to activate the direct deposit-
Your business name, along with its address and EIN.
The credentials of your bank account you use for online banking.
The bank account details of your employees and contractors.
Your phone number and email address registered in the bank.
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If you have gathered all the above-mentioned info, you can easily activate the direct deposit on your QB as shown in the following procedure-
Open QuickBooks on your computer to add your bank account.
Sign in using your admin credentials and go to the Employees menu.
Click the My Payroll service option and select Activate Direct Deposit.
Tap Get Started or click I’m the admin, and I’m the primary person who can….
Enter the admin’s user ID or email address and tap Continue.
Click Sign in after entering your user ID and password for your Intuit account.
Tap Get Started and navigate to the Business tab.
Click Start and tap Next after filling in the info.
Enter the principal officer’s info and click Next.
Click the Add new bank account option.
Enter your bank name, account number and the credentials you use for online banking.
Create a new PIN, which will be used whenever you send the payroll.
Confirm the PIN you entered and click Submit.
Tap Next and click Accept and Submit.
Confirm your principal officer's full social security number if prompted and tap Submit.
One of the following messages will come up on the screen-
Your bank account is connected- This message indicates that you can pay your employees through direct deposit after adding your employee’s bank account info.
Thank you for signing up for QuickBooks bank deposits- This message indicates that you need to verify your bank account in the software before sending the employee payroll using direct deposit.
Conclusion
This blog helps you find the benefits of Activating QuickBooks Direct Deposit and using it to pay employees and contractors. The procedure to activate the direct deposit is also discussed in the blog, and we hope you use it on your system to start paying your employees directly in their bank accounts.
Speak to our team of QB professionals at 1.855.738.2784 if you face inconvenience while using the solutions.
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