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baker_eliz
January 30, 2024
Solved

Bookkeeping for multiple companies

  • January 30, 2024
  • 2 replies
  • 0 views

Our Desktop Pro 2016 is coming to the end of its life, sadly. I keep books for three entities--me, my husband, and our teeny,tiny nonprofit.

 

Is there any way to do accounting for three different entities using QB's online software without buying three different subscriptions?

 

Thanks, Elizabeth

Best answer by LeizylM

I understand the challenges you're facing with the upcoming end of life for your Desktop Pro 2016 and the need to manage the books for three separate entities, baker_eliz.  

 

The option to add multiple companies under one subscription isn't available in QuickBooks Online (QBO). Each company you create requires an additional subscription, but you can access them with the same sign-in info. This lets you quickly switch between companies so you can manage everything more efficiently. 

 

When adding a new company, you can visit our QuickBooks pricing page and select the subscription option you want. 

 

Now that you have multiple companies, you’ll be asked which company you want to open whenever you Sign in to QuickBooks Online. To switch between companies at any time, select the Gear icon and select Switch company.

 

To learn more about managing multiple companies, check out the following link. It has a bunch of useful information for you and your business: Managing your companies. 

 

Please let me know if there is anything else I can do to help you with managing your subscription or account. I'm available to help you at all times. Take good care.

2 replies

4
4Gal
January 30, 2024

What do you mean with QBD 2016 is EOL?

If you have a non subscription license, you can use it for good. You can upgrade to a newer QB Desktop with a non subscription as well.

One QBO account is for one company file. You should stick with QB Desktop to manage multi company files.

 

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baker_elizAuthor
January 30, 2024

I would really like to stick with 2016. However, this is the second time in one month that it won't open. Last time I used QB Tool Hub to repair it and it worked fine. This time, I just can't get it open. I tried repairing it from the Control Panel, as well. That's why I said it's at its EOL. Maybe someone can help me fix it, I don't know. Pretty stressed out right now, though. Have to get out 1099s, end-of-month bookkeeping, etc. Just wondering if it's even worth trying to fix it. Sounds like you think it is.

4
4Gal
January 30, 2024

@baker_eliz 

Have you tried to reinstall your QBD 2016. Which Windows OS do you run?

You can install the trial version of QBD 2019 to compare and continue your work immediately.

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LeizylMAnswer
January 30, 2024

I understand the challenges you're facing with the upcoming end of life for your Desktop Pro 2016 and the need to manage the books for three separate entities, baker_eliz.  

 

The option to add multiple companies under one subscription isn't available in QuickBooks Online (QBO). Each company you create requires an additional subscription, but you can access them with the same sign-in info. This lets you quickly switch between companies so you can manage everything more efficiently. 

 

When adding a new company, you can visit our QuickBooks pricing page and select the subscription option you want. 

 

Now that you have multiple companies, you’ll be asked which company you want to open whenever you Sign in to QuickBooks Online. To switch between companies at any time, select the Gear icon and select Switch company.

 

To learn more about managing multiple companies, check out the following link. It has a bunch of useful information for you and your business: Managing your companies. 

 

Please let me know if there is anything else I can do to help you with managing your subscription or account. I'm available to help you at all times. Take good care.

B
baker_elizAuthor
January 30, 2024

We cannot afford to pay for three separate subscriptions every month. Plus payroll for one employee (me). Just not going to happen.

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