Thank you so much for your question!
Absolutely you can! If your two companies have separate ABNs, we recommend setting them up as separate QuickBooks files.
We have an article here on how to create another company.
If your companies are under one ABN and for example are two different locations for the same company, you could track your finances using our class tracking or location tracking.
If you need more help with the best way of setting up your companies, you can speak to our Sales team on 1800 917 771
They are available from:8:30 am - 7:30 pm Mon - Thurs (AEST)8:30 am - 5:30 pm Fri (AEST)
One QBO account is for one company file. You may manage branches/divisions by utilizing the Class/Location feature available in QBO Plus. Otherwise you should open a new account.
As another option, you may use QB Desktop to manage multi company files with a one time license.
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