Previous versions of Quickbooks Allowed as many Companies as you wanted.

FAW5794 · ‎June 24, 2022

In 2019 Quickbooks Pro I was able to run my two company files on my one computer by opening one at a time. Is this still possible in the 2021 and 2022 versions of Quickbooks or do I have to buy 2 licenses for this? To explain what I mean "In the file menu you could select open previous company and you would be logged out of the one and you could choose the other company and log into it.". Please no fancy talk. All I want to know is if this is possible. Thank you in advance.

Fiat Lux - ASIA · ‎June 25, 2022

You can still manage multi company files on QB Desktop 2021 and 2022. If you need to open 2 company files at the same time, consider using QBD Accountant edition. You can still purchase the one time (outright) license for QBD Accountant 2021 CA version from some partners. Otherwise you can purchase the one time (outright) license for QBD 2021 Pro/Premier edition to upgrade your version.

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FAW5794 · ‎June 24, 2022

Just to clarify it is Quickbooks Pro Desktop that I am talking about.

Fiat Lux - ASIA · ‎June 25, 2022

You can still manage multi company files on QB Desktop 2021 and 2022. If you need to open 2 company files at the same time, consider using QBD Accountant edition. You can still purchase the one time (outright) license for QBD Accountant 2021 CA version from some partners. Otherwise you can purchase the one time (outright) license for QBD 2021 Pro/Premier edition to upgrade your version.

FAW5794 · ‎June 25, 2022

Is this allowed with Quickbooks online as well?

Fiat Lux - ASIA · ‎June 25, 2022

One QBO account is for one company data. You can utilize the class tracking feature available in QBO Plus and Advanced to manage branches/divisions.

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Previous versions of Quickbooks Allowed as many Companies as you wanted.