Multiple QuickBooks Company Files

A question I often get asked by new QuickBooks users is, "Can I set-up more than one business in QuickBooks?"

The answer is YES!

You can set up as multiple company files in QuickBooks...just like you can have multiple documents in Word or multiple spreadsheets in Excel.

The fact is, you may need to set-up more than one company. If you have more than one business with separate tax ID numbers then you should have separate companies set-up in QuickBooks. However, you should only set-up one company file if you have one tax ID number for multiple companies operating as DBAs.

Setting up properly from the beginning will save you time when it comes to preparing reports for the business(es).

--Rhonda H. Smith
Your QuickBooks Coach
www.yourquickbookscoach.com