Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
Connect with and learn from others in the QuickBooks Community.
Join nowWhat I am trying to do is: I already have a brick and mortar business that I use QB 2017 and POS to record financial and sales. I want to start a website for the store that I keep separate through just QB 2017. I would like to print the sales and invoices through just QB, have a separate inventory, and not through POS as I do for the store. I guess what I need to know if it will keep the inventory in QB and the financial part separated or will it add it together with my store front? Will I have 2 tax forms to file, 2 schedule C's, 2 separate deposits, etc?
Solved! Go to Solution.
It depends
If the web store is a separate business, then yes two separate company files, separate inventory, etc etc, and yes you file a schedule C for each
if the web store is an extension of the present store, will sell inventory from it, etc - then no it is the same company, so the same company file.
A web store reports on sale, tracks customers, etc etc there is no reason to duplicate that data in QB, just enter a summary sales transaction daily or weekly or ...
It depends
If the web store is a separate business, then yes two separate company files, separate inventory, etc etc, and yes you file a schedule C for each
if the web store is an extension of the present store, will sell inventory from it, etc - then no it is the same company, so the same company file.
A web store reports on sale, tracks customers, etc etc there is no reason to duplicate that data in QB, just enter a summary sales transaction daily or weekly or ...
You have clicked a link to a site outside of the QuickBooks or ProFile Communities. By clicking "Continue", you will leave the community and be taken to that site instead.