Hi there, @Robin4649.
Thanks for joining us here in the Community. Allow me to provide some information about the transition of your payroll and entries from S Corp to LLC in QuickBooks Desktop.
You'll need to change your company information in your QuickBooks so your tax forms will be updated. Your payroll and other transactions will be recorded as usual.
To change your information:
- Click on Company.
- Select on My Company.
- Click on the pencil icon to edit the information.
- Select on Report Information.
- Fill in the necessary information.
- Click on OK.
However, if you wanted to create a new company file for your LLC, you can create a new company file by copying the existing file with the same vendors, customer contact information, chart of accounts and lists. Aside from that, all the lists, transactions, templates, and preferences in the original company file are also carried over. To learn more about this process, please check out to this article: Create new company with lists, templates, preferences, and accounts (empty) from an existing one.
You can also visit this article for more information about changing your business entity in QuickBooks Desktop for your future reference: About changing your business entity.
If you need additional assistance about this matter, feel free to reach out to our Customer Care Team so you'll be guided all throughout the process.
To reach them:
- In your browser, navigate to https://help.quickbooks.intuit.com/en_US/contact
- Choose QuickBooks Desktop.
- Click the issue or topic.
- On the right side, click the Green Phone button to see the support number.
Please keep me posted if you have any other questions, I'm always here to help. Wishing you the best.
