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userkgreen
Level 2

How may companies can i set up in QB online?

Can i set up more than one company?
Solved
Best answer February 12, 2021

Best Answers
MarshallA
Intuit

How may companies can i set up in QB online?

Hello,

 

You can only setup 1 TRUE company per QBO account.  By that, meaning a company with it own EIN.

 

Depending on how your company is structured... 1 company with multiple locations for example, you can setup 1 QBO account and then use locations and/or classes to break up parts of your company for transaction and reporting purposes.

View solution in original post

Fiat Lux - ASIA
Level 15

How may companies can i set up in QB online?

@userkgreen 

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

https:// quickbooks.grsm.io/US

https:// quickbooks.grsm.io/us-promo

 

As another option, consider using QBD to manage multiple company files. You may purchase a one time license of QBD 2021 Premier for 1 user worth $499. Deploy a private cloud if required.

View solution in original post

4 Comments
MarshallA
Intuit

How may companies can i set up in QB online?

Hello,

 

You can only setup 1 TRUE company per QBO account.  By that, meaning a company with it own EIN.

 

Depending on how your company is structured... 1 company with multiple locations for example, you can setup 1 QBO account and then use locations and/or classes to break up parts of your company for transaction and reporting purposes.

View solution in original post

Fiat Lux - ASIA
Level 15

How may companies can i set up in QB online?

@userkgreen 

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

https:// quickbooks.grsm.io/US

https:// quickbooks.grsm.io/us-promo

 

As another option, consider using QBD to manage multiple company files. You may purchase a one time license of QBD 2021 Premier for 1 user worth $499. Deploy a private cloud if required.

View solution in original post

userkgreen
Level 2

How may companies can i set up in QB online?

Thank you for your help.

userkgreen
Level 2

How may companies can i set up in QB online?

thank you for your help.

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