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split direct deposit payroll

Payroll has an option to direct deposit into two accounts (checking & savings), but that causes problems in matching the bank download. Payroll creates one transaction but the bank has two. Won't match.

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    angela shared this idea  ·   ·  Flag idea as inappropriate…  ·  Admin →
    completed  ·  AdminQBO Team (Admin, QuickBooks Online) responded  · 

    Good news to report! This is now available in QuickBooks. When creating a split direct deposit you will see two transactions now posted to the bank register that sum to the total net paycheck amount. When these two transactions clear your bank and are downloaded in the Bank Feed, QuickBooks will now suggest that you match each downloaded transaction to the corresponding split direct deposit transaction in your bank register.

    When you do your monthly bank reconciliation it will also now be easier to reconcile the account as the two direct deposit transactions that appear on your bank statement can now be individually reconciled against the two direct deposit transactions in the bank register.

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      QuickBooks Online Feature Requests: Payroll

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