One company two different locations with two checking accounts, will this work?

I have one company with 4 locations and I have classes setup for those locations but having a problem figuring out the shared costs. The question is that all production, manufacturing, and installers are located at the home office technically, so how do I share the payroll and other costs and expenses throughout the other locations. For instance, besides payroll, there are shop and fuel expenses that should be allocated to another location if the sale was by the other location, right? So can that be done without hours of work on my part? Some days the guys have installations for sales made by 2 or 3 different locations, it depends on the customers location.. (we fabricate granite countertops - so intallation is the completed sale). 

Good day, 0541617995.

Thanks for joining us in this thread. I'm here to address your concern with setting up a company. 

If your company has different Federal Employer Identification Number (EIN) for two locations, you'll need to set up another QuickBooks company file.

For QuickBooks Desktop, please follow these steps:

1. Open QuickBooks Desktop.
2. Click on Create a new company in the No Company Open window.
3. Choose Express Start or Detailed Start.
   
   • Express Start
   
   a. Fill out all the information in QuickBooks Setup window. Note: Click on the Help me choose link to see a description for every business type and the preset Chart of Accounts that QuickBooks will create for you per industry.
   b. Click on Create Company.
   c. After creating your company file, select on Start Working.
   
   • Detailed Start
   
   a. Fill out the Easy Step Interview screen and select Next.
   b. Select your Industry and click on Next.
   c. Identify your type of business entity and then select Next. Then, set the first month of your fiscal year, then select Next.
   d. Set up your QuickBooks Administrator password and click on Next.
   e. Choose the location where you you want to save your company file and select Save.
   f. Click on Next to customize your QuickBooks or you can do it later by selecting Leave.

For further guidance, you can check out this article: Create a Company File: Overview.

Otherwise, turn on the class or location tracking in QuickBooks if your company have one Federal EIN. You can refer to this link for more in-depth information: Use Class Tracking.

If you're using the Online (QBO) version, you can follow the detailed steps outlined in these articles:

• Create or add another QBO company
• Set up and use class and location tracking.

That should do it. Let me know if you have any other concerns. I'm always happy to help.

Hi party drinks Ltd!

If you're using the QBO Plus or Advanced version, you can use the Location tracking feature. I'll share information about it.

Basically, all stores can access your QBO company and create transactions. What the users will do is just enter transactions and tag their location. That way, you can generate reports like Profit and Loss by Location or Sales by Location. The only key here is to tag all transactions you create.

Turn on location tracking:

1. Go to Settings ⚙, then select Account and Settings.
2. Select Advanced.
3. In the Categories section, select the Edit ✎ icon.
4. Select the checkbox to track locations.
5. Select Save, then Done.

Add the list of locations:

1. Go to Settings ⚙️, then select All Lists.
2. Select Locations.
3. Select New, then add the Name of the location you want to track.
4. Fill in the information of the location you create.
5. Select Save.

After the setup, you will see a Location field on your transaction pages where you can select a location name.

After creating transactions, you can run reports. Just go to Reports and search for "location" to see all reports about locations.

That's it. If you have other questions. Feel free to go back to this thread. Have a good day!

Good to see you on the thread, @Mark11_2 chiacchio. 

I'd be happy to share some insights about our QuickBooks products.

If you use QuickBooks Online (QBO), you'll need to sign-up three accounts for each stores since one company file is equivalent to one subscription especially if each business has separate Tax reporting. This way, you can generate a different expense and other financial report for it.

In your case, since you have different EINs for each store, you may consider using QuickBooks Desktop version. This allows you to create multiple company file with different EIN under one subscription.

To help you decide which products best suite your needs, I recommend checking these links:

• Choose your QuickBooks Online product
• Choose your QuickBooks Desktop product

If you have other questions or concerns, visit again. We're always glad to help in any way. Have a great rest of the day.