Change Direct Deposit Primary Principal.Posted by jackupjaems on October 28th, 2017 When you sign up for the QuickBooks Direct Deposit Service, you submit your company information including the: Company Owner. By default, the Company Owner is listed as the Primary Principal of your direct deposit account. For security purposes, all changes to your account (ex: bank account change, PIN change, etc.) that require a completed form or request letter must be signed by Primary Principal. Payroll Administrator . Communications about your payroll transactions (ex: direct deposit confirmation, rejects, notice of change, etc.) are emailed to the Payroll Administrator. The following reasons may require for you to add or change the Primary Principal:
To request to change the primary principal: If the request is to replace the current principal, both the current principal and the new principal must sign the request letter. In the event that the current principal is not available to sign the letter, please indicate the name of the old principal and the reason in your request letter.
To add a Secondary Principal, click to expand: Recommended for companies wherein payroll support is managed by an accountant. 1. Accomplish the following requirements: u Completed Primary Principal Change Form. u A request letter signed by the primary and secondary principal on the company letterhead stating that they will be adding another principal. u Photocopy of the primary and secondary principals' government issued ID.
Processing takes 3 to 5 business days from the date the complete requirements are received. Please wait for an email confirming the status of your request. For more information about importing invoices into QuickBooks, dial our QuickBooks enterprise support phone number+1-855-441-4417 You can ask any query related to QuickBooks from well qualified and experienced accounting experts. article source: https://www.diigo.com/item/note/62kqu/a5q6?k=4dd59a4e976e0ed5e5d6ebbf0c6e188d Like it? Share it!More by this author |