Maintaining QuickBooks Online (QBO) CAD for your Canadian entity and QBO US for your subsidiary is important when utilizing regional features in the US market, bbends.
Currently, you can have multiple companies under the same QuickBooks Online account, each as a separate paid subscription. However, QBO doesn't support cross-border consolidation between different regional versions like QBO Canada and QBO US reports. Each version is tailored to its country's specific tax laws, accounting standards, and banking systems.
You can access all your company files using the same login credentials for easy switching and efficient management of operations.
As an alternative, you can combine the two company outside QBO by exporting the reports to excel.
If you're managing several QuickBooks Online companies and wish to streamline your login experience, consider referring to a helpful guide that provides insights on utilizing a single email and user ID for accessing all your accounts: Use one user ID to access multiple companies in QuickBooks Online.
Moreover, I've also included these article to help you manage your QBO subscription and if you want to create a new company in QBO:
Always remember, that we are here to support you with any questions about combining reports across different countries.
