Trying to set up payroll with new account at bank. Waiting for 1 to 2 transactions from new account from quickbooks. I has been 2 days and it still has not happened.

Thanks for reaching out here in the Community, @reiley1605. Allow me to share some insights about your concerns.

You can double-check the amount by going online and looking at your bank statement or by calling your bank regarding these missing transactions. The charges will appear on the bank statement as either “QuickBooks: Verify Bank” or “Intuit: Verify Bank”.

Once done, you can proceed to set up your company payroll for direct deposit.

You can use payroll to set up direct deposit and pay your employees electronically into their bank accounts. You'll need to set up your payroll bank account before you can use direct deposit. A US bank account that is set up for ACH transactions is required for direct deposit. You can enter your employees' details after you've set up a direct deposit for your organization.

A reminder, Intuit will charge you a fee for using direct deposit for employees or contractors. To learn more about the monthly fees, check your subscription.

If you are unsure of what payroll service you currently have, you can visit this article.

For QuickBooks Online Payroll, these are the steps:

Step 1: Connect your bank account.

This process can take 1 to 3 business days to set up a checking account for direct deposit. Once it’s set up, you’ll use this account to pay your employees and your payroll taxes.

Step 2: Verify your bank account.

When you give us your initial bank account information, Intuit makes a small deposit into your account of less than $1.00. You can input that amount to authorize the account for payroll transactions. It might be up to 2 days before you see that deposit.

In addition to step 2, if you’re using QuickBooks Online Payroll or Intuit Online Payroll and your employees’ profiles show their direct deposit as “pending” you can check the status of your account. Here’s an article about it.

Step 3: Pay your employees

Now that you’re all setup, you’re ready to create checks for your employees.

You might want to give this page a visit about creating checks for your employees.

If you have more questions about managing your payroll in QBO. Leave a comment below. I'll get back to you as quickly as I can. Keep safe!