As we all know, that with the help of the QuickBooks payroll feature, a small or medium sized business owner can pay their employees in a seamless manner and without much hassle. But for paying the employees correctly, you need to set up a correct payroll bank account, so if you are looking to change your QuickBooks payroll bank account, then you are at the right place. In this article, we will discuss the topic in detail.
Dancing Numbers helps small businesses, entrepreneurs, and CPAs to do smart transferring of data to and from QuickBooks Desktop. Utilize import, export, and delete services of Dancing Numbers software.
Process Steps to Change the QuickBooks Payroll Bank Account
There are some prerequisites that you need to consider before changing the payroll bank account in QuickBooks:
- First of all, You need to gather your correct bank account information and head office address.
- After that, You need to set up your bank account on the Chart of Accounts in QuickBooks, so that the payroll transactions are posted to the correct register in QuickBooks.
- You also need to check and ensure that there are no pending tax payment or payroll transactions so that when you set up the bank account, it is successful.
- You need to change your bank account with QuickBooks Online payroll service and get it verified.
After completing the prerequisites, you can follow below process steps to change the bank account in the QuickBooks itself:
Step 1. At first click on Settings (Gear icon),> then click on Payroll settings.
Step 2. Now click on the company under the Bank account heading and click on the update button.
Step 3. Now enter the correct bank account and routing number and click on the link given in the below image. And after that, you just need to click on OK to complete the process steps.
Looking for a professional expert to get the right assistance for your problems? Here, we have a team of professional and experienced team members to fix your technical, functional, data transfer, installation, update, upgrade, or data migrations errors. We are here at Dancing Numbers available to assist you with all your queries. To fix these queries you can get in touch with us via a toll-free number
+1-800-596-0806 or chat with experts.