Change the bank account for e-payment of tax liabilities
If you change banks, you might need to change the account in QuickBooks that is used to e-pay liabilities. This article explains how to do that.
You must set up your new bank account in QuickBooks.
You will change the bank account you use for e-payments of your tax liabilities.
- Change it on the EFTPS.gov web site. For state payments you must notify any state agencies receiving e-payments of the bank account change.
- Change the E-pay account in QuickBooks and disable the old bank account.
- Update/change the EFTPS PIN that is saved in QuickBooks to the new one, prior to sending any new e-payments. Failure to do this will cause the debit to come out of your old bank account or result in NSF.
- Change the company perferences.
To change the bank account associated with e-payment of your tax liabilities in QuickBooks:
- Choose Employees > Payroll Center.
- Click Related Payment Activities > Edit Due Dates/Methods.
- Click Continue.
- Select the Bank Account you want to use and click Edit.
- Enter the Account Number and Routing Number and click Finish.
- Routing numbers are ALWAYS nine digits. Enter the account number exactly as it appears, including leading zeros, dashes, and spaces. For some business accounts, the routing number is different from the number on the check; Intuit recommends you verify your routing and account number with your bank.
To set your new bank account as the default for payroll in QuickBooks:
- Choose Edit > Preferences.
- From the column on the left, click Checking.
- Select the Company Preferences tab.
- Click to select the Open the Create Paycheck checkbox and select the bank account; and/or click to select the Open the Pay Liabilities checkbox and select the bank account.