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marcmunden
Level 1

Hi I am starting a partnership with one other person to sell food in local markets. Can anyone tell me if QuickBooks is a suitable program to use for this?

 
Solved
Best answer February 07, 2020

Accepted Solutions
Ashleigh1
QuickBooks Team

Hi I am starting a partnership with one other person to sell food in local markets. Can anyone tell me if QuickBooks is a suitable program to use for this?

Hello Marcmunden, 

 

In the small business products in Quickbooks, when you set up the account you can select the partnership option. 

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13 REPLIES 13
Ashleigh1
QuickBooks Team

Hi I am starting a partnership with one other person to sell food in local markets. Can anyone tell me if QuickBooks is a suitable program to use for this?

Hello Marcmunden, 

 

Are you needing to submit vat to hmrc, Do you need to run payroll?  

marcmunden
Level 1

Hi I am starting a partnership with one other person to sell food in local markets. Can anyone tell me if QuickBooks is a suitable program to use for this?

No VAT and no payroll. Just the two of us trading together. 

Ashleigh1
QuickBooks Team

Hi I am starting a partnership with one other person to sell food in local markets. Can anyone tell me if QuickBooks is a suitable program to use for this?

Hello Marcmunden, 

 

Do you need to submit Self-Assessments to HMRC, If so then you could get the Self-employed product of quickbooks. 

marcmunden
Level 1

Hi I am starting a partnership with one other person to sell food in local markets. Can anyone tell me if QuickBooks is a suitable program to use for this?

Yes we will need to submit self-assessments, both individually and as a partnership. I did read that the self-employed version does not support partnerships though so not really sure about that. 

Ashleigh1
QuickBooks Team

Hi I am starting a partnership with one other person to sell food in local markets. Can anyone tell me if QuickBooks is a suitable program to use for this?

Hello Marcmunden, 

 

Yes you are right we do not support the partnership in the self employed product, it is just for people who are self-employed and work for themselves. 

marcmunden
Level 1

Hi I am starting a partnership with one other person to sell food in local markets. Can anyone tell me if QuickBooks is a suitable program to use for this?

Ok. Is it supported in the normal QuickBooks Online then?

Ashleigh1
QuickBooks Team

Hi I am starting a partnership with one other person to sell food in local markets. Can anyone tell me if QuickBooks is a suitable program to use for this?

Hello Marcmunden, 

 

In the small business products in Quickbooks, when you set up the account you can select the partnership option. 

Fiat Lux - ASIA
Level 15

Hi I am starting a partnership with one other person to sell food in local markets. Can anyone tell me if QuickBooks is a suitable program to use for this?

@marcmunden 

Consider to start from QBO Essentials. You may upgrade the plan later to QBO Plus

https://quickbooks.grsm.io/UK

 

marcmunden
Level 1

Hi I am starting a partnership with one other person to sell food in local markets. Can anyone tell me if QuickBooks is a suitable program to use for this?

Ok thanks for your help

marcmunden
Level 1

Hi I am starting a partnership with one other person to sell food in local markets. Can anyone tell me if QuickBooks is a suitable program to use for this?

Ok thanks

mwall
Level 1

Hi I am starting a partnership with one other person to sell food in local markets. Can anyone tell me if QuickBooks is a suitable program to use for this?

Hi, does the simple start plan support partnerships please?

Fiat Lux - ASIA
Level 15

Hi I am starting a partnership with one other person to sell food in local markets. Can anyone tell me if QuickBooks is a suitable program to use for this?

@mwall 

QBO Simple Start is one of the available plan in QB Online. You may start from SS and upgrade to Essentials as required.

https://quickbooks.grsm.io/UK

 

Ashleigh1
QuickBooks Team

Hi I am starting a partnership with one other person to sell food in local markets. Can anyone tell me if QuickBooks is a suitable program to use for this?

Hello Mwall, 

 

Welcome to the Community page, 

 

Yes in simplestart you can do partnerships in it. 

 

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