Payroll deposits money but then immediately subtract from checking account

Helloo there, banking2.

I'm here to help you fix where the Direct Deposit should post.

I'd like to know the detailed process of why it's was recorded to the wrong account but processed with the right account. Is the correct bank linked to the wrong bank name in the Chart of Accounts? Any additional details will be much appreciated.

For now, You can change it to the correct bank and create a Journal Entry. Enter the payroll checks manually as journal entries so you can use them to reconcile the account.

You can either combine all of the employees' paycheck totals into one journal entry or create a separate transaction for each employee. To make sure the amounts are accurate, you can run a payroll report (Payroll Details, Payroll Summary, or Payroll Summary by Employee) for reference. 

Here's how: 

1. Select + New and click Journal entry.
2. Under the Journal date, enter the paycheck date.

For more details about entering the debits and credits for wages and taxes, as well as a sample paycheck, you can check out this article: Manually enter payroll paychecks in QuickBooks Online.

I've added this article that you can use for your future tasks when you’re ready to file and pay your payroll taxes online. This can guide you through the step-by-step process of filing your taxes. Feel free to visit our Payroll page for more insight about managing your payroll in QuickBooks. 

Get back to me if you have other questions. I'd be happy to address it. Have a good one!