Question

Entity set up incorrectly

I set up my Quickbooks file as nonprofit during the interview process set up and it should have been for profit. How do fix this?

Welcome to the Community, @km1231.

I'm here to help you correct the entity type of your QuickBooks Online account.

You can make changes to configure your account to use profit terms by:

1. Clicking the Gear icon in the top right corner.

2. Select Account and Settings.

3. Choose the pencil icon in the Company Type section.

4. From the Tax form drop-down, choose the company type you have.

5. Click Save, and then Done when you're finished.

Check out this article for more insights: Changing your business entity.

We also have a guide on income and expenses that you might find helpful. It has information and articles related to invoices.

I'll be around if you need more help managing your QBO account. Keep me in the loop by tagging me in your reply. Keep safe!

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