How can I split one company out of my account into its own account?

You will have to add a new subscription for the odd company and only allow tge partner access to it. If you have existing transactions to move all you really can do is export them in csv or excel and then import into new.

As far as your family companies, if they have unique FEIN or owners they also should be their own stand alone companies. If just different enterprises under same tax ID you can use Class Tracking to keep them separate Am example if this would be you have store with an apartment above. The store files Schedule C and tge apartment Schedule E.

Thanks for this - just to clarify I need to create a separate QB subscription for the new/odd company with a separate login.  Then export everything out of the existing account and upload them into the new one?

Is there any way to also move over our chart of accounts or will that need to be recreated?

You can add the new company under your existing subscription if you wish, so that you do not need a different login. But you would add your partner as a user only to the new company. The only thing you would additionally do is have the new company pay this subscription or reimburse your family company.

Once you have successfully copied relevant transactions you would want to delete the transactions from your family company.

Yes, you can export your current chart of accounts to an excel sheet, make any edits to the list, and then port that into the new company. You should do this before importing the transactions.

That sounds easier, just adding her as a user to the new company.  Any idea how to do that?  I"m in there looking now and for the life of me can't figure out how to add a user to just one company.

Thanks so much for your help here!

Adding a user to your new QuickBooks Online (QBO) company is a breeze, and I'm here to show you how, @annezach.

A user can only access the QBO company that they're added into. When you add your business partner just to the new one, they're unable to access your family companies.

Then, once you add a user in QBO, you can manage their roles and limit their access to specific tasks. To add your business partner as a user to your new QBO company, here's how:

1. Sign in to your new QuickBooks Online company.
2. Go to the Gear icon.
3. Select Manage users.
4. Click the Add user button.
5. Select a user type. Then select Next. 
6. Select the access rights for the user. Then select Next. 
7. Select the user settings, if applicable. Then select Next. 
8. Enter the user’s name and email address. Then select Save. 

To learn more about adding users in QBO, you can refer to this article: Manage users in QuickBooks Online.

Also, QBO has the maximum number of things, like accounts or users that you can have at one time. These limits apply to how many billable users, chart of accounts, classes, locations, and tags you can add to QuickBooks. To know more about this, I encourage you to check out this article: Learn about usage limits in QuickBooks Online.

Please know that I'm just around if you have any other concerns about managing users in QBO. You can drop a comment below, and I'll gladly help. Take care, and wishing you continued success.