cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Everything you need to know about banking in QuickBooks Online - Discover more
robhenderson
Level 1

I want to set up a 2nd business with quick book,what is the procedure please?

 
12 REPLIES 12
GeorgiaC
QuickBooks Team

I want to set up a 2nd business with quick book,what is the procedure please?

Hi robhenderson, you can create a new subscription for this from our website - if you're looking to use the same email, just select the option for 'Already have an account? Sign in' after selecting your desired plan to create the account using your existing User ID & password. This way, you'll see both companies when logging in, and can easily switch between the two. 

Fiat Lux - ASIA
Level 15

I want to set up a 2nd business with quick book,what is the procedure please?

@robhenderson 

One QBO account is for one company file. You can manage branches/divisions by utilizing the Class/Location feature available in QBO Plus. Otherwise you should open a new account.

https://quickbooks.grsm.io/UK

 

stephanie young
Level 1

I want to set up a 2nd business with quick book,what is the procedure please?

I am a soul trader, a graphic designer and I have started dog walking. I need to add the dog walking as a 2nd business when doing my tax return. How do I do this without having to have 2 accounts? I want to be able to isolate the income and outgoings for the dog walking within my existing account so only one set of bank records. It was suggested to upgrade to the Simple Start plan, but I can not find any information on the functions within this plan to do what I need. Also the Simple Start plan does not have the Business / personal option listed within its features....

Fiat Lux - ASIA
Level 15

I want to set up a 2nd business with quick book,what is the procedure please?

@stephanie young 

Your best option is to signup for a new QBSE or QBO Simple Start account for your second business. Keep in mind, you are not allowed to use the same email address if you have used it for your first QBSE account. Another option, signup for QBO Plus to utilize the Location feature to separate your business.

https://quickbooks.grsm.io/UK

 

stephanie young
Level 1

I want to set up a 2nd business with quick book,what is the procedure please?

Hay. I already have a QBSE that I have been using for my graphic design. My main concern is that if I open another QB account that I will have to do twice the amount of work in regards to managing my bank accounts and categorizing / splitting the income - that could also lead to cross over and mistakes.

 

What does QBO offer? Can I manage both in one place with this? 

stephanie young
Level 1

I want to set up a 2nd business with quick book,what is the procedure please?

I am not VAT registered but a soul trader - not a limited company.

stephanie young
Level 1

I want to set up a 2nd business with quick book,what is the procedure please?

I don't really understand and I can not find any videos to explain how to do this.

stephanie young
Level 1

I want to set up a 2nd business with quick book,what is the procedure please?

how does that work with the bank accounts?

Fiat Lux - ASIA
Level 15

I want to set up a 2nd business with quick book,what is the procedure please?


@stephanie young wrote:

I don't really understand and I can not find any videos to explain how to do this.

 


I can share a YouTube video link explaining a workaround for managing multiple businesses in one QBO Plus account. Please note, the video creator was using QBO US version but you might get the idea. Contact me in private for details.

stephanie young
Level 1

I want to set up a 2nd business with quick book,what is the procedure please?

ok yes please. But is there a way of doing this without using the QB Plus? It is quite expensive and I am only a small soul trader not a massive corporation.

 

One thing I was thinking was to just add a rule 'Barking Banana"   (that is the DW name) Could that work? At least it would separate it for me in the final report?

stephanie young
Level 1

I want to set up a 2nd business with quick book,what is the procedure please?

what is the main difference between the QBSE or QBO Simple Start? In my situation, what is the main advantage of upgrading to the QBO Simple Start?

stephanie young
Level 1

I want to set up a 2nd business with quick book,what is the procedure please?

Ok I think I have found a solution! TAGS! A new feature, I can mark it all up as normal and just tag the dog walking 

Need to get in touch?

Contact us