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Join nowI have been using QB desktop for about 20 years. I have a real estate business. There are times that I will have as many as 3-4 entities/companies. Will I have to buy subscription for every entity/company?
Thanks for checking in with us, treeder1964.
To answer your question, yes, you'll need to buy another subscription for every entity or company in QuickBooks Online.
Each entity/company you create requires an additional subscription, but you can access them with the same sign-in info. This lets you quickly switch between companies so you can manage everything more efficiently.
To add a new company, here's how:
Once done, you’ll be asked which company you want to open whenever you Sign in to QuickBooks Online . To switch between companies at any time, select the Gear icon and select Switch company.
To learn more about managing multiple entities/companies, check out the following link. It has a bunch of useful information for you and your business: Managing your companies.
I want to be your main point of contact, so please let me know if you have any other concerns or questions. I'm always ready to assist further. Have a good one.
One QBO account is for one company file. You can manage branches/divisions by utilizing the Class/Location feature available in QBO Plus and Advanced. Otherwise you should open a new account.
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