Payroll checks

Welcome to the Community, @trissler300.

The direct transfer of paychecks to another bank account is not a possibility. As a workaround, manually journalize the payroll checks so you can utilize them to reconcile the account.

You have two options: either write a new transaction for every employee or consolidate the totals of each employee's paychecks into one journal entry. You can run a payroll report (Payroll Summary, Payroll Summary by Employee, or Payroll Details) as a guide to ensure the figures are correct.

Here's how: 

1. Click + New on the left panel.
2. Select Journal Entry.
3. Under the Journal date, enter the paycheck date.

You can check the following article for further information on how to enter the debits and credits for wages and taxes and a sample paycheck:  Manually enter payroll paychecks in QuickBooks Online.

To assure the accuracy of your books, I also advise consulting an accountant about which accounts to utilize when documenting the transaction. I've also included a few articles with advice and instructions for account reconciliation:

• Reconcile
• Year-end reconciliation

Let me know if you have any other questions. You can click the Reply button below to add a post. Have a wonderful day.