Banking

Good morning, @accountspayable5. 

I hope you're enjoying this lovely day so far. 

Great news, changing your bank account for direct deposits is easy. Allow me to show you how to accomplish this. Below I've included the steps. 

First, you'll want to add your new bank account in the chart of accounts. 

To do this:

1. Open the Lists menu and choose Chart of Accounts. 

2. On the Accounts drop-down menu at the bottom, click New. 

3. You'll choose Bank for the account type and select Continue. 

4. Fill in the required information on the next screen. 

5. Hit Save & Close once you're finished. 

Next, you'll update the bank info in Payroll now that your new bank account is ready to go. 

Here's how:

1. Open the Account/Billing Information screen from the Employees menu at the top. 

2.  Sign in using your Intuit Account login. 

3. After you've signed in, you'll go to the Payroll Info section. Under Direct Deposit Bank Account, click Edit. 

4. Enter the payroll PIN then hit Continue. 

5. Enter your new bank account details, and then click Update. 

6. Wait for the confirmation. Then you'll select Close. 

Now that we've updated the bank info, you'll want to update the account that direct deposit paychecks and fees will post to. Here's how to do this:

1. Open the Employees menu at the top. Choose Send Payroll Data. 

2. On the Send/Receive Data window, hit Preferences. 

3. Select the new bank account from the drop-down list in the Account Preferences. 

4. Click OK to save the changes. 

5. Hit Close on the Send/Receive Data window. 

For more details, check out: Change your direct deposit bank account for QuickBooks Desktop Payroll. 

That's all there is to it. Please don't hesitate to let me know if you have further questions or concerns. I'll be here every step of the way. You can always reach out to the Community or me anytime you find you need assistance. Take care and have a good one!