If you need extra help with the following steps, you can download the Direct Deposit Getting Started Guide for some extra support and guidance. Once you see these charges on your banking records, you can officially activate your direct deposit. To verify your bank account, QuickBooks will charge you two small verification amounts. Use the drop-down menus and select the most accurate options for your business. Finally, agree to the terms and conditions at the bottom of the screen.Īs an added security measure, QuickBooks will now make you enter three security checks. Indicate whether it is a checking or savings account and enter the legal name, routing number, and account number associated with that bank account. Select the bank account you want to pay employees from. Next, enter your business’s bank information. To set up your company for direct deposit in QuickBooks, verify your company’s information including the legal name, address, EIN, and industry. You can either set up your direct deposit while setting up payroll or by going to Employee>Payroll Info>Direct Deposit. Then we’ll go over how to pay users using direct deposit.
How To Use Direct Deposit In QuickBooksįirst, we’ll explain how to set up direct deposit in QuickBooks. Just follow these nine steps and start paying your employees right away. Believe it or not, it’s fairly simple to set up direct deposit. QuickBooks allows you to use direct deposit for both employees and vendors (this service may cost extra depending on which QuickBooks payroll plan you choose).
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