Direct Deposit using our bank's DD service

Posted by Paula ;) on September 28, 2007, 2:38 pm

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We have QB 2007 Pro and Standard Payroll Service. I want to start
doing Payroll Direct Deposit, but I want to process it thru our bank
rather than thru QB, for the simple reason that it is MUCH cheaper
thru our bank.

Assuming that I can do DD thru our bank and not QB's DD service, how
do I set up each employee's bank information in QB?

TIA,
Paula

Posted by Allan Martin on September 28, 2007, 2:41 pm

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> We have QB 2007 Pro and Standard Payroll Service. I want to start

> doing Payroll Direct Deposit, but I want to process it thru our bank

> rather than thru QB, for the simple reason that it is MUCH cheaper

> thru our bank.

> Assuming that I can do DD thru our bank and not QB's DD service, how

> do I set up each employee's bank information in QB?

Assume that there is a new magic button called make direct deposit thru my
bank.

> TIA,

> Paula

Posted by Paula ;) on September 28, 2007, 2:45 pm

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> > We have QB 2007 Pro and Standard Payroll Service. I want to start

> > doing Payroll Direct Deposit, but I want to process it thru our bank

> > rather than thru QB, for the simple reason that it is MUCH cheaper

> > thru our bank.

> > Assuming that I can do DD thru our bank and not QB's DD service, how

> > do I set up each employee's bank information in QB?

> Assume that there is a new magic button called make direct deposit thru my

> bank.

> > TIA,

> > Paula- Hide quoted text -

> - Show quoted text -

Okay, I'll assume you're just trying to be cute and that you're not
really an idiot.

SIA,
Paula

Posted by Allan Martin on September 28, 2007, 6:15 pm

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>> > We have QB 2007 Pro and Standard Payroll Service. I want to start

>> > doing Payroll Direct Deposit, but I want to process it thru our bank

>> > rather than thru QB, for the simple reason that it is MUCH cheaper

>> > thru our bank.

>> > Assuming that I can do DD thru our bank and not QB's DD service, how

>> > do I set up each employee's bank information in QB?

>> Assume that there is a new magic button called make direct deposit thru

>> my

>> bank.

>> > TIA,

>> > Paula- Hide quoted text -

>> - Show quoted text -

> Okay, I'll assume you're just trying to be cute and that you're not

> really an idiot.

That's a big assumption on your part.

> SIA,

> Paula

Posted by L on September 29, 2007, 3:09 pm

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> We have QB 2007 Pro and Standard Payroll Service. I want to start

> doing Payroll Direct Deposit, but I want to process it thru our bank

> rather than thru QB, for the simple reason that it is MUCH cheaper

> thru our bank.

> Assuming that I can do DD thru our bank and not QB's DD service, how

> do I set up each employee's bank information in QB?

You wouldn't. You would be initiating the direct deposits through your bank.

I suppose you could still issue DD checks while having QB as your payroll
provider, so long as you currently print your own paychecks. My guess is
that you would edit each QB generated paycheck where the employee wanted
direct deposit, to show as already printed, with a dummy check number - like
'DD' for direct deposit.

After each payroll run, you would edit the checks for those who want direct
deposit (to show as not to be printed), print the checks for those employees
not getting direct deposit, and submit information to your bank for the net
amounts of the checks to be directly deposited.