Need vendor direct deposit payments on bank statement not to indicate "Payroll". How to change?

Answer

Hi there, alloyd,

This happens when the Direct Deposit (DD) vendor payments go through our payroll platform to debit the amount from the company's bank account.

DD for vendors is part of the offers for Desktop payroll. We don't have a hold on the statement's description because this is a bank to bank process. You may need to contact your bank and ask them if they can change the description for you.

Moving forward, I recommend paying your vendor through direct deposit using the Pay Bills option.

Here's how: 

  1. Go to the Vendors menu, then select Pay Bills.
  2. Select the appropriate Accounts Payable account from the A/P Account drop-down.
  3. Select the bills you want to pay from the table. 
  4. Set any discount or credit that you want to apply to the bills.
  5. Select the payment data and method.
  6. Click Pay Selected Bills.
  7. Click Done when finished paying bills or select Pay more Bills to return to the Pay Bills window.

For the detailed steps and additional information, you can go through these articles:

That will explain why the payment indicates "Payroll" on your bank statement.

Don't hesitate to leave a comment below if there's anything I can help you with paying your vendors. I'm always around whenever you need my help.

Was this answer helpful? Yes No
Original
IntuitMaryLand , Community Support Specialist
Employee SuperUser

No answers have been posted

More Actions

People come to QuickBooks Learn & Support for help and answers—we want to let them know that we're here to listen and share our knowledge. We do that with the style and format of our responses. Here are five guidelines:

  1. Keep it conversational. When answering questions, write like you speak. Imagine you're explaining something to a trusted friend, using simple, everyday language. Avoid jargon and technical terms when possible. When no other word will do, explain technical terms in plain English.
  2. Be clear and state the answer right up front. Ask yourself what specific information the person really needs and then provide it. Stick to the topic and avoid unnecessary details. Break information down into a numbered or bulleted list and highlight the most important details in bold.
  3. Be concise. Aim for no more than two short sentences in a paragraph, and try to keep paragraphs to two lines. A wall of text can look intimidating and many won't read it, so break it up. It's okay to link to other resources for more details, but avoid giving answers that contain little more than a link.
  4. Be a good listener. When people post very general questions, take a second to try to understand what they're really looking for. Then, provide a response that guides them to the best possible outcome.
  5. Be encouraging and positive. Look for ways to eliminate uncertainty by anticipating people's concerns. Make it apparent that we really like helping them achieve positive outcomes.

Select a file to attach:

Qb community
Looking for advice from other business owners?

Visit our QuickBooks Community site.