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CSPARK07
Level 1

Can you have multiple quickbooks accounts

Our company had some very poor management and accounting and is a massive cluster of Chart of Accounts and incorrect data. Are we able to create a new Quickbooks online account with the same EIN number, while maintaining the current account? Our hope is that we can extract  the correct data and history into the new account that we need and then cancel the old account.  Is there a better way to accomplish this, which allows us to start from scratch, instead of rummaging through so much inaccurate data?  Our accountant we had, has 250 chart of accounts, and w

2 Comments 2
MaryLurleenM
Moderator

Can you have multiple quickbooks accounts

Hello there, CSPARK07,

 

You can create multiple accounts in QuickBooks Online. Note that it will be a different subscription.

 

Here's how:

  1. Go to https://quickbooks.intuit.com/pricing/
  2. Select Buy Now or Start Free 30-Day Trial.
  3. Select a product.
  4. Select Buy Now or select Try it free to subscribe to QuickBooks Online.
  5. Click Already have an account? Sign in.
  6. Sign in with your previous or current user ID and password for other company subscriptions. Follow the onscreen prompts to set up a new subscription under your existing log in.

To switch between companies any time, click the Gear icon and select Switch company.

 

Furthermore, you can also move your existing lists to your new company.

 

Here's an article about making accounts inactive: Delete an account on your chart of accounts in QuickBooks Online.

 

Let me know if you have other questions.

Fiat Lux - ASIA
Level 15

Can you have multiple quickbooks accounts

@CSPARK07 

If you have to open a new QBO account, make sure to click the Buy button to get the discounted price for up to 6 months. If you purchase from the trial account, you have to pay the regular price.

https:// quickbooks.grsm.io/US

https:// quickbooks.grsm.io/us-promo

 

Then utilize TP to migrate data between your QBO acounts later.

https:// transactionpro.grsm.io/qbo

 

Good luck!

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