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September 27, 2021
Question

Can I deposit checks made to my business into my business account?

  • September 27, 2021
  • 1 reply
  • 0 views
I want to close down my chase business account. Does Intuit allow for check deposits into the account? If so how do I deposit checks into the account?

1 reply

RenjolynC
September 27, 2021

Hello, rickaspears.

 

I'd like to verify, do you mean to deposit a physical check into your QuickBooks Cash account? If so, the option is currently unavailable.

 

In the meantime, you can connect an external bank account to transfer money to and from your QuickBooks Cash account. 

 

Note: Connecting an external account to QuickBooks Cash is separate from online banking. You may need to set up an account you already linked for online banking a second time for QuickBooks Cash.

 

To connect a bank account to QuickBooks Cash, here's how:

 

  1. On the left panel, click Cash Flow.
  2. In the QuickBooks Cash section, select Transfer money.
  3. Select Transfer in. You won't transfer money yet, we just need to start the connection. Then, follow the onscreen instructions.
  4. Enter the bank's name and select a type in the Account Type field. Then click Next.
  5. Enter your information in the Account number and Routing number fields. Then hit Next.
  6. When you're ready to connect, select Sounds good.

Once done, QuickBooks will send two small deposits to the account within the next 3 days. After you get the confirmation email, verify the transactions by following these steps:

 

  1. Click the verify link in the email or sign in to QuickBooks Online.
  2. Go to the Cash Flow menu, and select Verify bankNote: Some banks don't require verification. Instead, you can just select Add to connect your bank.
  3. Enter the two deposit amounts sent from QuickBooks. The order doesn't matter.
  4. Hit Confirm.

If you're having problems connecting, I recommend reaching out to our Customer Care Team for further assistance.

 

When you're ready to put money into your QuickBooks Cash account, you can follow these steps:

 

  1. Go to the Cash Flow menu, and select Transfer money.
  2. Click Transfer in.
  3. In the From field, select (+). Then select your connected bank account.
  4. In the To field, select your QuickBooks Cash account.
  5. Enter the amount you want to transfer.
  6. Hit Finalize transfer.

For reference on the steps above and to help manage your QuickBooks Cash account, you can check out these articles:

 

If you have additional questions or other concerns about the features and functions in QuickBooks, please let me know in your reply. I'll be right here to provide the details and options. Take care and stay safe!