If you decide not to provide the information, you'll only be billed with your payroll service and your direct deposit will be canceled. Please wait for an email confirming the status of your request. Processing takes 3 to 5 business days from the date the complete requirements are received. Once we receive the form, our back-end team will review the request and the attached requirements.
The complete instruction and downloadable form are provided in this article: Change primary principal for Basic, Standard, and Enhanced Payroll. This to make sure that the information in your company file is updated with the new Primary Principal. Since you're using QuickBooks Direct Deposit Services, you'll need to send provide a Direct Deposit Primary Principal Change Request. Let me share some information about changing the account credentials of the Primary Principal.
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