QuickBooks Payroll Direct Deposit Form Write and Setup

Learn how to download QuickBooks Payroll direct deposit form and how to write and set up the QuickBooks Direct Deposit Form. QuickBooks Payroll direct deposit enables employers to pay their employees electronically via bank transfers.

The money is directly transferred from the employer’s bank account to that of the employee. Automated Clearing House (ACH) is used by banks to coordinate payments among different financial institutions. In QuickBooks Payroll, you need to set up direct deposits for employees in order to pay them through your bank account and record the transaction automatically in the software.

Download QuickBooks Payroll Direct Deposit Form

You can go to the following link to download Employee direct deposit form for QuickBooks Payroll.

You can otherwise download the form directly from QuickBooks payroll. The data you’ve saved in the payroll software can be used to fill in the form directly. This is handy, especially if you want to enable direct deposit for multiple employees.

Understanding QuickBooks Direct Deposit Authorization

As a legal document, QB Payroll direct deposit form enables an employer to transfer money from his or her own bank account to that of an employee. Through this form, you can select which account the money will be transferred from as well as which account the money will be transferred to. The employee will have to submit a blank voided check, which can be attached directly to the form.

For more information, the employee can discuss the paperwork and procedure with the payroll department of the company.

How to Write QuickBooks Direct Deposit Form

Once you’ve filled out the form and taken a printout of the same, attach the voided checks for each account. Then, submit the complete form to your HR department. Thereafter, your employer will process the application and set up a direct deposit of wages to your account.

How to Set up Direct Deposit for Employees

In order to deposit wages directly into the account of your employees, you need to set up a direct deposit in QuickBooks Payroll. Once you’ve configured direct deposit, you can automate the payment process for each employee through this accounting software.

To set up Direct Deposit for employees in QuickBooks Payroll, you need to do the following:

• Gather bank information of employees through the QuickBooks Direct Deposit Authorization Form.
• Enter the bank information of employees in the online payroll account.

Here are the steps for gathering bank information of employees:

• Fill in and print an Intuit Direct Deposit Authorization Form
• Print the form through QuickBooks Online Payroll Enhanced through the following steps:
  • Open Taxes
  • Click on Payroll Tax
  • Click on Employee Setup
  • Select Bank Verification
  • Select View
  • Click on Print

Once you’ve gathered the bank information from your employees, you need to enter their bank details in QuickBooks Payroll. To do so, you can follow the steps provided below”

• In the Workers/ Payroll menu, select Employees
• Select the name of the employee
• Click on Edit Employee
• From ‘How do you want to pay this employee,’ select the method of payment. You have the following options:
  • Direct Deposit
  • Direct Deposit with Balance as a Check
  • Direct Deposit to Two Accounts
• Enter the account number and routing number of the employee’s bank account.
• Click on Done.

The article may seem lengthy, but the process to enable direct deposit for your employees and know how to cancel direct deposit in QuickBooks is as easy as pie. All you need to do is follow the steps provided above, and you’ll be done in no time. However, if you face any issues while enabling this feature, you can reach out to our QuickBooks consultant.