QB Online + New LLC + BB Americas Bank

Hi there, Mike_in_Brazil.

I'm here to ensure you can track your sales and other bank-related transactions in QuickBooks Online.

One of the details needed when setting up a QuickBooks Online (QBO) account is an SS number. You'll form an LLC and process bank-related transactions in the QuickBooks Online Brasil version since that's where your company is located.

If you decide to run a business in the USA, you'll have the option to sync QBO with BB Americas bank.

For more resources in managing your QuickBooks account, you can check these references: 

• US: Get Started with QuickBooks Online
• US: Get Started and Adjust Settings After you Sign up for QuickBooks Online
• International: Get Started with QuickBooks Online
• International: Get Started and Adjust Settings After you Sign up for QuickBooks Online
• Connect US bank and credit card accounts to QuickBooks Online 
• Connect Brazil and other International countries' bank and credit card accounts to QuickBooks Online

You can always mention my name whenever you need help setting up your QuickBooks account.

Hi Adrian_A, thanks for replying.

I am confused - if we setup an LLC in say Florida, wouldn't Quickbooks (USA subscription) be linked to the LLC, not myself as an individual?

Does Quickbooks Online (USA version) *ONLY* work with a social security number?

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@Mike_in_Brazil wrote:

Sidenote:  we are a Brazilian/German and an Australian, both resident in Brazil.  Therefore, we do not have US social security numebers.

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@Mike_in_Brazil 

If you don't have SSN, they will decline your QB Payments application. If you run a B2B company and have an ITIN, you can use a third-party processor to receive payments for free and integrate it with QB Online. Last resort, utilize a free invoicing app to accept payments by Paypal/Stripe and mirror the data to your QBO account as the workaround.

Fiat Lux:

Thanks for explaining the reasoon for the SSN with QB Payments.
That kinda makes more sense now.  I really appreciate the explanation.

We are *drowning* with tracking payments from clients, and don't really have a functioning bookkeeping system, so my idea was to get QBO (USA version) and make it nice and easy for our clients to pay us (into our LLC's business bank account).

When you say "third party processor" do you services like Stripe and Square?  (We won't touch PayPal anymore - far too difficult to use).

So, my understanding of a possible solution would be:

1.  Incorporate an LLC in USA

2.  Subscribe to Quickbooks Online USA

3.  Subscribe to Stripe or Square

4.  Have QBO and Stripe/Square integrate together?

If I did the above, here is a question:  
When I generate an invoice in QBO, would our client automatically receive the invoice in their email with the Stripe/Square payment link?

What kind of business do you run? As I mentioned earlier, if you don't have ITIN or your company is B2C, I couldn't recommend that 3rd party processor. I would recommend to use a free invoicing app to accept Stripe and Mercado Pago, then mirror the data to your QBO account.