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February 26, 2023
Question

How do I set up partial direct deposits, as a contractor?

  • February 26, 2023
  • 1 reply
  • 0 views
I want to split the direct deposits to go to two different banks I have.

1 reply

MariaSoledadG
February 26, 2023

Let me share a few details about how direct deposit works in QuickBooks Self-Employed, adamzragsdale.

 

For now, setting up direct deposits for two different bank accounts is unavailable. You'll have to check with your employer if they have other ways how they can send you a split direct deposit. Either they'll need to edit your bank accounts every time they send you the direct deposit or they can simply pay you through check or ACH. 

 

To know more, learn from this article about how direct deposit works for independent contractors: Get Direct Deposits From Your Clients In QuickBooks Self-Employed.

 

Furthermore, learn from this article how QuickBooks puts transactions on the correct line of your Schedule C: Categorize Transactions In QuickBooks Self-Employed.

 

Fill me in if you have any questions about direct deposit. I'll be one post away if you need help.