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.

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.

https://quickbooks.grsm.io/Canada

Hi bkcpatax365,

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: 

• Turn on class tracking in QuickBooks Online
• Get started with class tracking in QuickBooks Online

If there's anything else I can do to help please let me know! 

What about the other question - can we have financial reporting by location?

Hi there. Thanks for chiming in on this thread. QuickBooks provides a variety of reports that help you bring your financials into perspective. The good thing is you can filter the reports so they can view your location info. Here's a helpful article that shows you how to customize/filter your reports so you can view the info you'd like to view. Let me know if this info helps, I'm here in case you have other questions.