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October 5, 2024
Question

I need to change the bank account where payments are deposited .. I cannot figure out where to do this?

  • October 5, 2024
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1 reply

October 5, 2024

I know how important it is to ensure that payments are deposited into the correct bank account, jennylynncraig. Let me help you achieve that in QuickBooks.

 

You can change the bank account QuickBooks deposits payments into every time you process credit card and Automated Clearing House (ACH) payments. This bank account is also known as your payments account. You can only use one account at a time to collect payments.

 

Follow these steps to update the standard deposit account:

 

  1. Navigate to the gear icon. Then, select Account and settings.
  2. Go to the Payments tab.
  3. In the Deposits section next to Standard Deposits, press Change bank.
  4. Click Add new bank account.
  5. Enter the bank account's information, and then Save.
  6. Find the new bank account from the list and click Verify.
  7. Enter the two small amounts we have deposited to the new bank account.
  8. Review the bank account info and complete your request.

 

You can also update the instant deposit account. You'll find the steps in this article, as well as additional information about switching bank accounts QuickBooks Payments deposits to: Change the deposit bank account for QuickBooks Payments.

 

I'll also leave this article on the frequently asked questions about how QuickBooks Payments deposits work in QuickBooks for future reference: Common questions about QuickBooks Payments deposits.

 

Let me know if you have other questions about accepting your customers' payments in QuickBooks, jennylynncraig. I'm just one post away to help you out.