How do I move 1 company to their own separate account? Currently we have 2 companies on our account and want to separate them.

Hi there, @jlowry-g12com-co.

I have here two options and instructions on how to separate your QuickBooks Online (QBO) companies.  

The first option is to utilize our class tracking feature in QBO. This way, you can the other company data will move. Please note that this feature is only available in QBO Plus and Advanced versions. 

Once confirmed, you can follow the instructions below to accomplish this. 

Method 1: Turn on the feature

1. Go to the Gear icon, then choose Account and Settings. 
2. Choose the Advanced button. 
3. Click the radio button beside Track classes in the Categories row.
4. Tap Save, then Done.  

Method 2: Create a class list and separate the data to each corresponding class. 

1. Go to Settings ⚙ and choose All Lists.
2. Pick Classes and tap New. 
3. Select Is a sub-class and picks the main class. 
4. Click Save.
5. Start to organize your customer and vendor transactions by class.

Once everything is set, you can always run a report to track them all. Then customize it to show precise details. 

You can refer to this article on how to turn it on and manage it: Get started with class tracking in QuickBooks Online.

Another option is to create a different QBO subscription. Please know that each company you add will be a separate paid subscription. 1 QBO company is equivalent to 1 subscription. If you have 2 companies, you’ll be paying for 2 subscriptions. 

You can visit this page for our QuickBooks Pricing and multiple versions: Plan & Pricing. 

To learn more about usage boundaries and location tracking, visit these articles below. 
 

• Learn about usage limits
• Track your transactions by class

You’re always welcome to post a reply below if you have follow-up questions. I’ll be around to answer them for you. Take care and keep safe!

@jlowry-g12com-co 

If you are using the Class/Location feature, you should open 2 new QBO accounts

https:// quickbooks.grsm.io/US

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

then you may have 2 options to separate and migrate data from your old account prior to closing it.

1. Utilize a migration tool

https:// transactionpro.grsm.io/qbo

2. Purchase a 3rd party migration service.