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Welcome and thanks for dropping by the Community, @opsdxb.
In QuickBooks Online (QBO), you're only allowed one company per subscription. For a second (or additional) company, you will need to sign up for a new QBO account, because they must have their own subscription. You can also use the same login credentials when signing up and/or switching between companies.
Here's how:
1. Go to https://quickbooks.intuit.com/online/.
2. Choose a version of QuickBooks.
3. On the signup page, select Sign in.
4. Enter your login information and follow the on-screen instructions to set up the second company.
5. After that, log-in to QBO.
Once done, click the Gear icon at the top right to get to the Switch Company. For more information, you can refer to these articles:
Please leave a comment below if you have any other questions or concerns. I'll be more than happy to help. Take care and have a great day!
1 QBO account = 1 company file
https://quickbooks.grsm.io/Asia-Pacific
Consider QB Desktop should you having multiple company files to manage. Deploy a private cloud if required.
Intuit has abandoned the little guy. I have 3 small individual company files in QuickBooks 2021 Desktop Pro. In 2021 a 3-year package was purchased for $400. No need for extensions like payroll, inventory, etc. Now they want $650 per year! That’s a 388-percent price increase!
The online version, for the Simple Start level, for 3 company files is $360 times 3 or $1080 per year which works out to a 700% price increase! What a bunch of crooks.
Where is your company located? US or another country?
I am looking to jump ship. We are paying $783 per year. For a small business with 0 employees, 0 invoicing, taxes, etc.
DOes anybody have good alternatives?
You can use QB Desktop with a non subscription (reused) license.
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