Created with Sketch.Learn about PPP and Loan Forgiveness, stay informed with the latest changes.
Created with Sketch.Need help with 1099's or other Year End topics? Visit our Year End Resources page.
Created with Sketch.New to QuickBooks or using a new product? Visit our Get Started resource page to help you get going.
Created with Sketch.Need to make changes to your account? Visit the Account Manager Portal.
Showing results for 
Search instead for 
Did you mean: 
Level 1

How do I combine 2 Accounts since I have two companies?

QuickBooks Team

How do I combine 2 Accounts since I have two companies?

Hi @pjtracy11,


Although there isn't a direct way to combine 2 QuickBooks Online (QBO) companies, what you can do is import your company data from one to another. 


I suggest importing your Chart of Accounts first. To prepare your Excel first for upload, follow the steps in this article: Move your chart of accounts to QuickBooks Online. Look for Step 1: Get your spreadsheet ready section.


When it's ready, go with these steps to upload the Excel file:


  1. Log in to your QBO company.
  2. Click the Gear icon.
  3. Select Import Data.
  4. Tap Chart of Accounts.
  5. Hit Browse, then search for the Excel file.
  6. Press Open, then Next.
  7. Follow the onscreen prompts to proceed. 

Right after, you can also upload Customers, Vendors, Products and Services, and Invoices. Do this in the order I've provided to ensure your data imports correctly. 


If you have other questions about the import process, check out this article: Common questions about importing data to QuickBooks Online. You'll find the list of FAQs at the bottom of the page, along with their answers. 


Do you need further assistance? Leave a comment below, and I'll get back to you. 

Level 15

How do I combine 2 Accounts since I have two companies?

Each company is required to have its own set of books, you do not combine them


IRS Pub 583, Page 5 - must keep separate books per company

and for sole proprietors
IRS Pub 334, page 40 - "If you have more than one business, you must figure your net profit or loss for each business on a separate Schedule C."
IRS Pub 334, page 45 - separate schedule C for each business

Sign in for the best experience
Ask questions, get answers, and join our large community of QuickBooks users.
Sign In / Sign Up

Need to get in touch?

Contact us