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userinfo120
Level 1

Hi I very much like Quickbooks but now we have started our Indian Company Masala Threads India LLP and we need to invoice there. Can we convert this to an indian account?

 
4 REPLIES 4
ShiellaGraceA
QuickBooks Team

Hi I very much like Quickbooks but now we have started our Indian Company Masala Threads India LLP and we need to invoice there. Can we convert this to an indian account?

Thanks for joining us here today, @userinfo120.

 

I have some information about creating an invoice for your India account. Since reporting on VAT or taxes on different in each country, it's recommended to sign up for a QBO India version.

 

Visit our site for more information. Just scroll down to Select Country and choose India.

 

You can also check out this article for more information: QuickBooks Online is now available in India.

 

Feel free to also view our Global Help Articles in case you need help with other tasks in QBO. It has our general topics with articles. Click on the title that fits your concern.

 

Drop your reply anytime if you have follow-up questions or concerns. I'll be around for you. Take care and have a lovely weekend.

 

 

userinfo120
Level 1

Hi I very much like Quickbooks but now we have started our Indian Company Masala Threads India LLP and we need to invoice there. Can we convert this to an indian account?

Thanks. So do I need to pay double to do invoices from the Indian business also?

Rea_M
QuickBooks Team

Hi I very much like Quickbooks but now we have started our Indian Company Masala Threads India LLP and we need to invoice there. Can we convert this to an indian account?

Thanks for the immediate response, @userinfo120. I've come to share further details about managing your companies using QuickBooks Online (QBO).

 

In QBO, one company file is equivalent to a single subscription. When you need to do invoices and report taxes for both your UK and Indian companies, you'll have to pay for two accounts. This way, you can appropriately report your taxes for each region.

 

Once you sign up for a new account to create another company, you can access them with the same sign-in info. This way, you'll quickly switch between companies and manage everything efficiently.

 

Whenever you're ready to set up your Indian company, follow these steps:

  1. Go to the QuickBooks Choose your country page
  2. Select your continent (Asia Pacific). 
  3. Choose your country from the list (India). 
  4. Click either Buy Now or Free 30-day Trial
  5. Select Sign in beside Already have an account?
  6. Enter your existing Intuit login credentials or click Continue
  7. Follow the prompts to complete the signup process. 

 

I've attached a screenshot below that shows the fifth step.  To know more about the process, you can go through this article: Create or Add Another Company.

 

 

Once done, you can switch between companies you're subscribed to and set to use your new QBO India account.

 

Also, I'm adding this article to further guide you in creating invoices and managing your income using QBO India: QuickBooks Online - India Help Articles

 

Let me know if you need further assistance in managing your transactions and setting up your Indian company. I'll gladly help. Take care always.

Fiat Lux - ASIA
Level 15

Hi I very much like Quickbooks but now we have started our Indian Company Masala Threads India LLP and we need to invoice there. Can we convert this to an indian account?

@userinfo120 

One QBO account is for one company file. You may manage branches/divisions by utilizing the Class/Location feature available in QBO Plus. The problem is you have to manage 2 company files in 2 different countries. You should open a new blank QBO India version.

https://quickbooks.grsm.io/India

 

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