I've got you covered, Scott230. Yes, there's a way to manage multiple branches of your business within a single QuickBooks account.
With QuickBooks Online (QBO) Plus and Advanced, you can manage different branches of your business without paying for another QBO subscription through the location tracking feature.
This ability helps you organize information from different offices, cities, outlets, or departments of the same company. Allowing you to see all the payments for one location and deposit them as a group. You can follow the steps below to turn on this feature.
Here's how:
- Go to the Gear icon and select Account and settings.
- Choose Advanced and hit the pencil icon in the Categories section.
- Turn on the Track locations switch.
- Click Save, then Done.
Next, here's how you can add a location:
- Go back to the Gear icon and select All lists.
- Click Locations and then New.
- Enter the name of the location you want to track in the Name field.
- Hit Save when done.
Moreover, you can change, remove, or reinstate a location in QBO Plus and Advanced. Check out this resource or a complete guide on this feature: Set up and use location tracking in QBO.
Additionally, you can run a balance sheet by class or location report to analyze the financial performance of individual branches.
I'd be glad to help you again if you need further assistance managing multiple branches of your business within QBO. Please comment below with any additional questions or concerns, and we will be right with you!