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Hello Marcmunden,
In the small business products in Quickbooks, when you set up the account you can select the partnership option.
Hello Marcmunden,
Are you needing to submit vat to hmrc, Do you need to run payroll?
No VAT and no payroll. Just the two of us trading together.
Hello Marcmunden,
Do you need to submit Self-Assessments to HMRC, If so then you could get the Self-employed product of quickbooks.
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.
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.
Ok. Is it supported in the normal QuickBooks Online then?
Hello Marcmunden,
In the small business products in Quickbooks, when you set up the account you can select the partnership option.
Consider to start from QBO Essentials. You may upgrade the plan later to QBO Plus
Ok thanks for your help
Ok thanks
Hi, does the simple start plan support partnerships please?
QBO Simple Start is one of the available plan in QB Online. You may start from SS and upgrade to Essentials as required.
Hello Mwall,
Welcome to the Community page,
Yes in simplestart you can do partnerships in it.
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