A Step-wise Guide to Activate Direct Deposit in QuickBooks

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QuickBooks along with its payroll services acts as a one-stop solution for all your business management activities. Issuing paychecks to the employees and depositing the due payments to their accounts is one of the most tiring routine tasks of any company. With its payroll services, QuickBooks has tried to make this process easier for you. You can simply activate direct deposit in QuickBooks and then feed in the details of the employee to process the payroll in a few clicks. In this article, we will discuss the steps to activate direct deposit in QuickBooks.

“If you are trying to activate direct deposit in QuickBooks and need an expert to help you with the relevant steps, then dial QuickBooks Toll-free Number 1-(855)-856-0042 for quick help and guidance”

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The Procedure to Process Payroll in QuickBooks

Payroll is the list of employees of a company where payroll processing issues are not limited to the payment of the due salaries or wages of the employees. It includes many associated tasks such as calculating the days of work, issuing several types of allowances, deducting taxes, preparing final paychecks, and depositing these paychecks to the employees’ accounts. QuickBooks payroll services is equipped to handle all these tasks very easily with just a few clicks. The payroll is called processed when the paychecks get deposited in the employees’ bank accounts. It can be done easily if you activate direct deposit in QuickBooks.

How to Pay Direct Deposit on QuickBooks?

The process of activating direct deposit in QuickBooks includes the employee providing the required bank details and documents to the company and then these details are fed in the QuickBooks payroll service for direct deposit to the employees’ bank accounts.

Requirements from an Employee to Activate Direct Deposit in QuickBooks

There are certain requirements to activate direct deposit  for an employee in QuickBooks. Ensure to complete these requirements before setting up the direct deposit for any employee in QuickBooks:

1. The employee needs to fill out and sign a form of direct deposit authorization.
2. You require the Account Number and Routing number of the employee for direct deposit. It can be a Checking, Savings, Pay Card, or Money market account. These accounts must accept ACH transactions and should be from within the USA.
3. The Employee should produce a voided check related to the bank account.
4. Employees need to verify these changes with their bank for the set-up to complete.

Steps to Set up Direct Deposit for Employees in QuickBooks

When all the prior requirements have been met, move on to the process to activate direct deposit in QuickBooks. After completing this process, when you create further paychecks for the employee, it will be deposited directly into their bank account. The detailed steps are as follows:

1. In QuickBooks Desktop Payroll, go to the ‘Employees’ section and then click on ‘Employee Center’ to open your employee list.
2. You have to choose the employee that you want to add for direct deposit and then go to the ‘Payroll Info’ tab.
3. Click on the ‘Direct Deposit’ button, and the Direct Deposit window will open up.
4. Select ‘Use Direct Deposit for [Employee’s Name]’ and then you have to enter the details.
5. You can select the option to deposit the paycheck into one or two accounts.
6. In the next stage, you will have to enter all the information related to the bank account of the employee, such as the Bank Name, Account Number, Routing Number, and the type of the account.
7. Enter the percentage of the amount to be deposited in the different accounts if you had selected two banks before.
8. Press the ‘OK’ button to save the information.
9. Complete the process by entering your Direct Deposit PIN.

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Conclusion

The employee will be added for QuickBooks desktop payroll direct deposit by following the above process. You can also edit this later if you want to change the bank account of the employee or you want to remove the employee from this list. Through this article, we discussed the steps to activate direct deposit in QuickBooks. If you need an expert’s assistance for activating and deactivating direct deposit in QuickBooks then, reach QuickBooks Support at 1-(855)-856-0042.