How do I automate setting a % of deposits aside into a savings account for taxes?

The option to automatically set a percentage for deposits is unavailable in QuickBooks Online (QBO), hdmediapartners. Allow me to enlighten you regarding this matter.

When transferring the deposits received in a specific bank or credit card account, the percentage of it will not automatically be transferred to the designated savings account to cover tax liabilities. Therefore, the only way to do this is to record the entire amount and manually transfer the deposits to your savings account.

Here's how:

1. Click on + New.
2. Select Transfer.
3. From the Transfer Funds From dropdown list, choose the bank account that the money is coming from.
4. From the Transfer Funds To dropdown list, select the bank account that the money is going to.
5. In the Transfer Amount field, enter the amount being transferred.
6. Edit the Date field.
7. Enter a description of the transfer in the Memo field (optional).
8. Select Save and close or Save and new to finish the transfer.
9. After you double checked the date, click Yes to confirm.

Moreover, here's an article if you want other ways to transfer funds between two accounts: Transfer funds between accounts.

Furthermore, refer to this article if you want to compare and find same invoices in your account: Reconcile an invoice in QuickBooks Online.

Please don't hesitate to comment below if you have other automation option-related concerns. The Community is always here to help at any time. Stay safe.