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heesacker63
Level 1

2 businesses do I need 1 Quickbooks

Husband/I are farmers. Primary income. Some of our properties also have houses on them that we rent out.  Do I need a separate Quickbooks for rental income beyond farming income?  

Do I use separate Quickbooks or Quicken for household accounts? 

2 Comments 2
Rustler
Level 15

2 businesses do I need 1 Quickbooks


@heesacker63 wrote:

Husband/I are farmers. Primary income. Some of our properties also have houses on them that we rent out.  Do I need a separate Quickbooks for rental income beyond farming income?  

 

If you are going to use QBO yes two subscriptions, rentals are a different type of business.

if you use desktop, two company files, but one price

 

Do I use separate Quickbooks or Quicken for household accounts? 

 

Quicken is designed for personal bookkeeping, use that instead of QB


 

Malcolm Ziman
Level 10

2 businesses do I need 1 Quickbooks

If the businesses file taxes on one tax return, then you can use the Class feature to separate them in 1 QBO subscription (QBO Plus only)

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