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treeder1964
Level 1

QuickBooks Online version

I 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?

2 Comments 2
Rose-A
Moderator

QuickBooks Online version

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:
 

  1. Go to the QuickBooks pricing page and select the subscription you want.
  2. You’ll see a page that asks you to create an Intuit account to buy QuickBooks. Scroll all the way to the bottom and look for the small text that says Adding a company to an existing account.” Select Sign in next to this. 
    Capture.JPG 
  3. If you're signed in to QuickBooks, you’ll be asked to confirm the account you want to sign in with. If the account displayed is the one you want to use for the new company file, select Continue.
  4. When asked, enter the same ID and password you already use for QuickBooks.
  5. Fill out all the information about your new company and you’re good to go.

 

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.

Fiat Lux - ASIA
Level 15

QuickBooks Online version

@treeder1964 

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.

https:// quickbooks.grsm.io/US

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