Can we use QBO for a corporation with multiple locations ? If so how to do setup ? Can we pull separate financial reports for each location ? Appreciate your assistance.
Welcome to the Community! I'm happy to confirm that you can use class tracking feature to track the activities of multiple locations of a single business. I can explain how to set this up.
Please note that class tracking is a feature that's exclusive to QuickBooks Online Plus version. If you're not already using Plus, you'll need to upgrade your subscription to avail of this feature. With that said, here's how to turn on class tracking:
Navigate to the Gear icon and select Account and Settings.
Click the Advanced tab, then select the Categories section to edit it.
Toggle both Track classes and Track locations on.
(Optional) Check Warn me when a transaction isn’t assigned a class to ensure nothing is left without a location class.
Under Assign classes select either One to entire transaction or One to each row in transaction.
Once you're finished select Save, then Done.
You can then begin tracking your transactions by location. You can learn more about setting up and using class tracking in these Community articles: