I switched my business bank account from RBC to BMO. How do I switch it over on Quickbooks and in Quickbooks Payroll. Quicksbooks says I already have a Chequing account?

The chequing account that QuickBooks mentions is linked to your old RBC account or is set by default in the system. You can easily set up your new account by going to the Chart of accounts to add a bank account, and to your Payroll settings to update your bank account for payroll services.

Here's how to add a bank account:

1. Go to the Gear icon and select Chart of accounts.
2. Select New account to create a new account.
3. In the Account type dropdown menu, choose Bank.
4. In the Detail type dropdown, select the specific type of bank account.
5. Give your new account a name. You can use the information under the detail type to choose a suitable name.
6. Fill in the necessary details.
7. When you’re done, select Save.

To change your bank account for payroll services, please follow these steps:

1. Go back to the Gear icon, then choose Payroll settings.
2. From Bank accounts, select the Pencil icon to edit.
3. Click Update.
4. Select Add New Bank Account.
5. Search for your bank name. You may be asked to enter your online banking user ID and password. Otherwise, select Enter bank info manually. Enter your routing and account number, then select Save.
6. Once done, click Accept and Submit.

Let us know if you need further assistance.