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Level 1

Parent and child companies

I have a company not really doing business very often and a second DBA which is currently doing business. How can I set up the companies as parent/child. I don't really need reporting on the top company just the DBA company underneath it. 

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QuickBooks Team

Parent and child companies

It's great to see you here in the Community, @lcarbrey.


QuickBooks Online is designed to become a one-stop shop for small business owners like you in tracking your business finances. With that being said, allow me share some information on how QuickBooks Online works.


One QuickBooks Online account is good for one business only. This is in compliance with IRS Pub 583, Page 5. Small business owners must keep separate books per company. 


What you can do is to sign up for a second QuickBooks Online account to track the business financials of your DBA company. 


Here's how to create a second QuickBooks Online company:

  1. Go to
  2. Click Buy Now under the version you need.
  3. Choose Already have an Intuit account?  Sign In.
  4. Enter your log in information and follow the on-screen prompts to set up the second company.

Once created, you can easily view and manage the two companies. Just click the Gear icon and choose the Switch Company. Also, you can generate different type of reports for each company separately for comparison.
I’d be glad to forward these suggestions to our Product Engineers for consideration in future updates. QBO is constantly changing and evolving based largely on the suggestions and requests of users, like yourself. You can also submit any suggestions, feedback and requests for product improvements.


Here’s how:

  1. Click the Gear icon.
  2. Choose Feedback.
  3. Type in your Comments, Suggestions or Feedback.
  4. Choose Next.
  5. Select a category.
  6. Click Send message.

Let me know if you have other questions about managing your QuickBooks account. Stay tuned to our QuickBooks blog for new product updates and releases. Have a great day ahead!

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