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Buy nowYes, it'll create new paychecks, cec2.
For recording purposes, you can enter the prior payroll as paychecks for both payment method as to avoid sending them again. I'll show you how to remove the Use Direct Deposit option.
If you need more help with enter paychecks you can use this article: How do I create a paycheck for an employee?.
I'll be here if there's anything else you need help with. You take care and keep safe!