Contents
Submit NACHA File to your Bank from QuickBooks
QuickBooks has an ability to get integrated with Direct Deposit File Creator. This feature is available in the banking menu in QuickBooks NACHA File. You can use this option for creating Direct Deposit File for vendors and employees. It can also be for Bill payments, Checks and Paychecks etc. MyOnePro brings exclusive details about this file which make easy to understand the process .
It uses QuickBooks Data to create the NACHA Files. Once it is ready, you are all set to submit it to your bank. (These are the Formatted Text Files that comprise Direct Deposit. Banks will accept these files) . If you are creating this file first time than QuickBooks USA Support team will help you !
How Does NACHA File Work?
It uses Account Number of employees and Bank Routing to combine QuickBooks with Direct Deposit File Creator. You can also setup Vendors Record. You can use the NACHA File (Data Deposit Order) with the help of this Data.
How Does NACHA Benefit You?
The QuickBooks NACHA File provides you so many great Benefits and Features if you compare QuickBooks and Direct Deposit together. There are cases has been coming into focus user system having some different file system format like FAT, FTA32, Ext4 or NTSE which generate QuickBooks Error Code while importing data from NACHA files.
Create DD orders for up to 7 bank accounts per paycheck
with this tool, there are many direct deposit orders that you can be created as compared to the 2 orders while using QuickBooks.
You can create more than one order for all every bank separately. (For 7 banks, there can 14 orders be created. You can even create more than that)
Create “Remainder” of Checks and Paychecks. For Net Pay is greater than Direct Deposits
Use DD orders from 2 to 7 to create checks. You can use up to six for the fixed amount and the one remaining is used for sweep items. This will help you in capturing the rest of the net pay.
Importing Bank Transactions Into QuickBooks is not a very hard process, you can easily import .CSV and Excel file into QB.
Have you checked out How Many Types File Extension is used in QuickBooks or you know all types of extension mean, if yes tell to MyOnePro Extension of QuickBooks Backup File.
Use Multiple DD orders to mix percentage amount and fixed amount so that you can add them collectively in the net pay. No paper check remainder will be left in that case. Out of which, $50 can be deducted with the name of retirement account and $500 can be dedicated to the saving. The rest can be used to the checking account of the employees.
Create DD Orders for Regular Checks, Paychecks and Bill Payment Checks in one go
You don’t have to use two different services or interfaces for different steps for submitting your orders. It can be done in one go.
You can store configuration Data and gather the information from QuickBooks so that you don’t need any data reentry.
Here are the steps through which you can set up Direct Deposits for Vendors and Employees’ Accounts Detail, in QuickBooks and all the steps for creating Direct Deposit in the QuickBooks Data
- For all your Direct Deposit Accounts, you need to create a NACHA File (Pre-note). Go to the Employees and Vendors to enter them into QuickBooks.
- Pre-note files are suggested in some banks so that file formats can be confirmed about the correct information of the recipient banks
Company Files and Multiple Banks
You can use it with as many company files as you want. You don’t have to pay extra charges per company. For all the banks, there is some important configuration information like routing number and Bank number can be remembered. This allows you to use multiple accounts from Single Company to multiple companies.
Save Time and Money
To purchase this tool, you have to pay only one-time fees. You don’t have to pay for an upgrade or subscription.
The Intuit charges for direct deposits are $1.60 per paycheck for all the payroll subscriptions. So, the calculation says that it goes over $800 per year for 10 employees if they are paid weekly. $89 does the same for you if you buy Direct Deposit File Creator.
Resolve NACHA File Errors & Problem
Even working with NACHA File in QuickBooks is so easy, but in case user face unseen issue like NACHA File corrupted or not working or user can’t create or QuickBooks Can’t understand Standard file or even QB can’t process current NACHA File.
