Create a new company file in QuickBooks online version

It is question which is asked many at times where customers struggles to add new company file in an existing QuickBooks online version whether to buy a new QuickBooks software or you can do that in the same set up.
create-company-file-with-quickbooks-online
New Company new subscription: Whether you like it or not you will have to buy another subscription if you want to add another company in the existing QuickBooks software.
How to start a new company file? Look for the new company tab on QuickBooks and after that you have click on express start and following that page you have to sill the entire company information and after that look for the options made available from QuickBooks side and fill that information out.
Create a New Company Files in QuickBooks.
A QuickBooks company file is a home to all financial records of the business. If you’re starting to work with QuickBooks, here is the first and foremost step you need to follow is create a company file. If you already own any company file (already existing), your company file can either be upgraded or your old company file can be replaced with the newer one. QuickBooks Create a New Company File from an Existing One.

Overview on how to create company file

  • You are required to copy all the transactions from one company file to a new company file
  • Create a company file specific to your Industry.
  • Export the list to the newer one.
  • With the help of condense Data Utility, remove all transaction

To Create a new company file in QuickBooks

  • Open QuickBooks.
  • Create a new company on no company windows.
  • Make a selection between Detailed Start and Express Start.

Create a New Company File using Detailed Start

  • If you go for Detailed Start.
  • Fill all the details of Interviewscreen for Easy Step and click on Next.
  • Specify the type of industry you are in and click on next.
  • Select entities of business and click on next
  • Set all fiscal year credentials and click on next.
  • Set up QuickBooks Admin ID and password, click on Next.
  • Navigate to the path to save company file to the location where company file is to be saved.
  • Once you save company file, your QuickBooks can easily be customized just by clicking next or click on leave to do it later.

Create a New Company File using Express Start

  • Select Express Start.
  • Now, fill all necessary information you require to create a new company file.
    Point to check: see the “Help Me” option and select it to see business type description and chart of accounts to create QuickBooks for every industry.
  • Now, click on it to Create Company.
  • Once you create company file, create your customers, chart of accounts, services else click on start working.

Process is simple and easy to create and would not take much time for you as a customer still if you are facing issues you may feel free to contact Customer service phone number for QuickBooks Support however you have to ensure that you have reached the right company as there are many those who pose as QuickBooks and can charge you for this kind of service and some of them are made available by QuickBooks for free.
There are errors which might pop up when creating a new company file like Quickbooks unable to open company file or Quickbooks error code 6190 816 occurs opening company file.
These are certain set of sequences under two different categories. If you still need some error related to QuickBooks Company file, you can directly contact us without any delay. Our ProAdvisor or Technical Support Team is very professional in handling all errors and information related to QuickBooks. Our Website contains all the information and even Live Chat Support to support our customers. You can also contact us through Toll-Free Number smb_accountants

Further Reading