I'm here to share some information regarding creating a new company after having a renewal, Canlar.
Yes, QuickBooks Online (QBO) allows users to have multiple companies under the same QBO account. However, it's important to know that each company file has its own paid subscription, which means that you'll need to pay for each company file that you want to use.
If you want to add a new company to your QBO account, you'll need to purchase a subscription for that company file to access it. Once you've subscribed to the new company file, you can easily switch between your different companies in QuickBooks Online to manage all your businesses from one central location.
You can also check out this material to learn more about managing multiple company files: Create or add another company file to QuickBooks Online.
Furthermore, you can use this article that will serve as your reference as you navigate with some of the main features of QuickBooks Online: Get started with QuickBooks Online.
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