Hi,
I use Quickbooks PME Pro 2006.
When I pay my weekly wage employees, I send a ETF file (Direct Deposit) to the bank. All the paycheks are treated as one transaction by the bank, but in QB I have one paycheck for each employee. How do I reconcile this transaction. Is there a way to group paychecks in QB so that they all to show as one transaction?
Any help would be greatly appreciated.
Help> Index> Direct Deposit> Reconcile.
Cat
Corb wrote:
Hi,
Thank you for your answer.
You must know that I'm using the French version (PME) of QB and I can't seem to find anything in Help concerning Direct Deposit (in French).
I was told by QB support that a Direct Deposit option is available from within Payroll (for which I'm paying on a monthly basis BTW). For some mysterious reason however, this option doesn't seem to be available in the French version of the program and no one was able to tell me why or to give me a solution to my problem.
So I'm at a point were I need to find a workaround option which I haven't figured out yet.
Thank you in advance for any enlightenment you may have.
Copied from English version Help: "To ease the process of reconciling your bank account when using direct deposit, we recommend that you create a payroll clearing bank account. This also helps with record keeping and tracking changes made or to be made to posted pay cheques. "
When you create the direct deposit 'virtual' cheques, use the Payroll Clearing account.
Hope this helps,
vcard
That should do the trick.
Thank you very much.
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