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Fiat Lux - ASIA
Level 15

Can you manage multiple company's books from one user account in Quickbooks Online?

@cohncons 

Do you need to use the payroll module in QB Desktop?

cohncons
Level 1

Can you manage multiple company's books from one user account in Quickbooks Online?

I do not need payroll.

 

While I used to have multiple companies, I now am using QuickBooks Pro 2018 purely for my family's personal finances, my wife's psychological practice, and my mother-in-law's personal finances.  So everything is on a cash basis with no inventory.  I realize using QBP for personal finances is a bit of a kludge, but I already owned it and was able to make it work for me.  However, I'm switching CPA's and that CPA wants access to better slice and dice our numbers.  I thought QBO Simple Start, which had no problems pulling in my mother-in-law's finances and then connecting to all of her bank and credit card institutions, was the answer to my dreams.  I hadn't realized how good things could be moving from QBP 2018 to QBO.  I figured I would move my other 2 company files to the same QBO subscription, so I didn't mind paying $30/mo for that kind of convenience - even though I had been paying nothing to maintain QBP 2018.  But having to pay $90/mo for 3 company files, which is $1,080/yr, is just too pricey.  So I'll either have to force the CPA to take a QBP 2018 Portable Company File and use that or I'll need to move to a competing online service that provides better value and flexibility.  Either way, Intuit doesn't win my business.  

4Gal
Level 11

Can you manage multiple company's books from one user account in Quickbooks Online?

So I'll either have to force the CPA to take a QBP 2018 Portable Company File and use that or I'll need to move to a competing online service that provides better value and flexibility.

 

I'm not sure your current CPA would want you to stick with QB Desktop unless the CPA really needs a client. Switching to another accounting application should be more feasible in your case.

 

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envisionhope373
Level 1

Can you manage multiple company's books from one user account in Quickbooks Online?

I am just trying to set up quickbooks I bought first for personal use and at a later date to add other companies. I do not have a company name and even if I did it requires the name to be on a list????? I am very worried that I have wasted my money!!!!

envisionhope373
Level 1

Can you manage multiple company's books from one user account in Quickbooks Online?

no payroll

MichaelaS
QuickBooks Team

Can you manage multiple company's books from one user account in Quickbooks Online?

We understand that every penny counts, Envision. Let me explain why listing the company name is essential when signing up.

 

QuickBooks Online (QBO) is designed for small businesses. Information such as the full name and company name is necessary, as this will form the basis for branding your business and will be used extensively in your correspondence with customers, including it in the subject line of emailed invoices, statements, on the report, etc.

 

Since you don't have a company name and this is only for personal use, you can use a sample name (e.g., Personal Company) to proceed. For tracking personal transactions, you can also utilize other products like Mint designed for personal use.

 

Also, I'm adding this article to help in providing more details about QBO Features: QuickBooks Online FAQ.

 

Let us know if you have any further questions about listing names. We're here to ensure a prompt response. Take care.

 

 

4Gal
Level 11

Can you manage multiple company's books from one user account in Quickbooks Online?

@envisionhope373 

If you need to track your personal finance, I would recommend using QB Desktop with a non subscription license.

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