I am keeping the books for a company.I have been asked to create financial statements for a related entity; its kind of a holding company.What is the best way to do this?

I'd be glad to provide some information on the best way to handle company files in creating a financial statement, @accounting-alleg.

If you're going to file taxes, you have to sign up for a different account. This is because they have distinct EIN or tax IDs for each company. 

To put this company under your existing Intuit ID, log into your current company when creating a new account. Then, choose the Add another company button. From there, enter an Email address and Password (you should be using the same email address).

Here's more information on how to add multiple companies to your QuickBooks Online account: Create a new company and add subscriptions.

But if not, there's no need to sign up for another one. You can simply use the class or location tracking to separate the reporting. For more details, please see this article: Set up and use location tracking.

I'm also adding this recource if you wish to make modifications and manage your QuickBooks account: Make changes to your QuickBooks account.

Feel free to comment back if you have additional concerns about managing your accounts in QuickBooks. We'll help and assist you here anytime. Take care, and have a great day!

@accounting-alleg 

You should open a new blank QBO account and you can use the same email address to do so.

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