QuickBooks Solopreneur is designed for one-person businesses and does not support managing multiple companies under the same account, Natasha. I'll share an alternative solutions you could consider when managing your other business.
Each QuickBooks Solopreneur account is designed for one business. This structure ensures precise financial management for each business entity, avoiding potential confusion in your financial records. For more detailed information about this product, check out this resource article: Introduction to QuickBooks Solopreneur.
With this, you may want to purchase a separate account for your second business. This will ensure each company has its financial records, reports, and management tools, keeping your data well-organized and distinct.
You could also explore QuickBooks Online, which allows you to manage multiple businesses in a single login. While each company requires its own subscription, you can easily switch between them using the same login credentials. This will streamline your financial management and provide a centralized view of all your businesses. Refer to this page for the plans and pricing: QuickBooks Online Plans.
Furthermore, I'll share these valuable resources that provide comprehensive guidance on connecting your bank to QuickBooks and categorizing your transactions effectively. These resources also offer detailed explanations of how to handle transactions properly inside the system:
As you progress, please remember that the QuickBooks Community is always available to support your business operations. We're here to help you achieve your business goals and look forward to continuing to support you.
