Can someone help me with verifying my account for direct deposit? I do not have a 'Company' option under Payroll Settings.

Hi there, @jluce.

Good to see you here in QuickBooks Community. I'm here to help and provide some insights about verifying your test transaction in QuickBooks Online (QBO).

After signing up for a Direct Deposit, Intuit makes two small withdrawals of less than $1.00 each from the bank account you set up. A test transaction should appear in your bank account in 2 business days. You can verify the amount either by checking your bank statement online or by calling your bank.

Once done, you can follow these steps to confirm the amount and activate your Direct Deposit. For QBO Payroll Enchanced:

1. Select Payroll menu then Employees.
2. Click Finish payroll tasks on the main Employees page.
3. Select Verify the test deposit now.
4. Enter the test transaction amount in both boxes (less than $1.00). Enter the pennies only, without a dollar sign or decimal point.

If there's no New payroll tasks button, here's another way to verify test transactions:

1. Go to Settings, then choose Payroll Settings.
2. Under Bank Accounts, select Company.
3. Click Verify Account, then enter and confirm the amount.

Please take note that you only get one attempt to verify your test transaction. If you aren't successful, contact Payroll Support for assistance.

For other QBO Payroll versions, follow the steps in this article: How to verify a test transaction made to your bank account.

After you successfully activate direct deposit, you can refer to the support articles below to run your payroll:

• Create pay checks in online payroll
• Pay a contractor with direct deposit

Get back to me if you need further help with direct deposit, and I'll be sure to get back to you.

Can someone help me verify account