The application's direct deposit feature lets you pay employees without paper checks. It helps save time, reduce costs, and simplify payroll processing while also making bank reconciliation easier. With the direct deposit, employees get their pay deposited straight into their checking, savings, or money market accounts on payday.
In this blog, we will walk you through the steps to set up QuickBooks payroll direct deposit. This includes adding a new employee, updating or removing a bank account, and getting a direct deposit authorization form.
Why Should You Choose Direct Deposit for Employees in QB?
Using the direct deposit features in QB comes with various useful benefits, as some of them have been mentioned below:
- Secure transactions lower the risk of lost or stolen checks
- The process is simple and eliminates the need to print checks or pay stubs
- Payments are made on time, even if an employee is unavailable
- Employees’ pay is deposited directly into their bank accounts
Note:- QuickBooks Error 103 occurs when server connectivity fails, preventing updates or login, requiring proper troubleshooting to restore smooth software functionality.
Expert’s Advice: Methods to Setup QuickBooks Payroll Direct Deposit
Below are the processes to setup the QB payroll direct deposit in just a few minutes by going through the methods discussed in this segment:
Method I: Connect your bank account with QBDT
- First, access the QB Desktop application
- Log in with the admin ID and password
- Move to the Employees menu
- Now, hit on My Payroll Service > pick Activate Direct Deposit > choose Get started
- But if you don’t get the options, go through the steps below:
- Pick, I’m the admin, and I’m the primary person who can… > mention your admin user ID
- Click Continue > then enter user ID and password for your Intuit account > choose Sign in > Get Started
- Move to the Business menu > hit Start > fill in the details that have been asked for> click Next
- Feed in the Principal Officer Information > click Next > Add new bank account > mention the name of your bank and your online banking details
- Generate a PIN you will use for sending payroll each time
- Hit on the Next > Submit > once again click on the Next > choose Accept and submit
- If you are asked to confirm the full social security number of your Principal Officer > click the Submit option
Method 2: Check your Bank account on the desktop
- Access the QuickBooks Desktop app > log in as the QB admin
- Move to the Employees menu > choose My Payroll Service
- Hit on Activate Direct Deposit > log in to your official Intuit account
- Then, mention the debit amount twice > choose the Verify
- Now, enter your payroll PIN > then tap Submit
- Lastly, click OK
Method 3: Set up Employees' direct deposit
- To set up the direct deposit in QB, you need to have the following details ready:
- For Business Information:
- Legal name
- Address
- Employer Identification Number (EIN)
- Now, for Principal Officer Information:
- Full name
- Home address
- Social Security Number
- Date of birth
- Then, Bank Information:
- Your company’s bank account and routing numbers
Explore more:- QuickBooks Error 6000 83 arises when company files are inaccessible due to multi-user setup, hosting issues, or file corruption.
Conclusion
In this guide, we explain in detail how to set up QuickBooks Payroll direct deposit on your desktop and how to choose it. But if you want professional advice, you need to dial +1(855)-510-6487, connect with the team, and seek their expertise on resolving queries.