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March 7, 2023
Question

How can I pay my contractors by direct deposit - I don't have employees in the company, just contractors

  • March 7, 2023
  • 1 reply
  • 0 views

Hello everything is fine?

I don't have employees in the company, just contractors, so I don't collect payroll taxes.

I am trying to pay a contractor with direct deposit as I have Payroll Core Online, but the system goes back to the “overview” screen and asks them to fill in tax information.

 

Attached screen prints.

How can I pay my contractors by direct deposit, could you send me a step by step?

1 reply

Fiat Lux - ASIA
March 8, 2023

Imho, If you don't have any employee, you don't need to use Online Payroll to pay your contractors. You can signup a separate Melio account for free to integrate with QBO and pay your contractors for free by ACH.

https://affiliates.meliopayments.com/pricing

 

 

March 8, 2023

Hi there! You got me here to help you set up direct deposit for your contractors.

 

You'll need to have a company bank account connected to use direct deposit. Next, turn on the contractor's direct deposit. Here are the steps:

 

  1. Select Check it out above the list of your contractors.
  2. Select Turn on direct deposit.

Lastly, you can add the contractor's bank account information. Please follow the steps below:

 

  1. Navigate the Payroll menu and select Contractors.
  2. For a new contractor, select Add a contractor or select the existing contractor to add or edit bank info.
  3. Select Bank account.
  4. Follow on-screen instructions.
  5. Select Save.

The steps are sure to help you set up your contractor's direct deposit in no time.

 

For additional reference about paying contractors with Direct Deposit, see the following links:

 

Please keep me updated if you require any additional assistance with payroll management. I'd be delighted to assist. Keep yourself safe!