DOES 1099 NEC ARE REPORTED TO THE IRS INDIVIDUALLY FROM ONE COMPANY TO ANOTHER?

Your understanding is correct, camelitaro. 

When you prepare and submit 1099-NEC forms for multiple companies in QuickBooks Online (QBO), the view summary shows all payments recorded under just one company. 

This is normal, as the view summary is a combined overview of all payments made, but the actual 1099-NEC forms are recorded and submitted separately for each company. Therefore, it is correct for the view summary to display payments from multiple companies under one view, as long as the 1099-NEC forms for each company have been prepared and submitted accurately. 

Moreover, you can visit this article for future reference to know about how to print 1099 and, if available, 1096 forms in QBO: Print your 1099 

If you require further assistance or clarification about 1099s in QBO, please let me know by adding a comment below. I'm here to help you out anytime. Take care.