Multiple Companies in QuickBooks Online

Elise Williams

2024-04-18 14:00:40 • Filed to: Quickbooks Tips and Tricks • Proven solutions

For those that pose the question “can you have multiple companies in QuickBooks online?” the answer is yes. You can have multiple company subscriptions in QuickBooks online. Also, you can have as many QuickBooks online companies as you please. On the other hand, you can consolidate multiple companies in QuickBooks online to ease the burden of management. One of the standout thing about the online edition is the ability to give other people access to your QuickBooks data. This can be achieved through QuickBooks online Multiple users’ setup.

QuickBooks Key Features

Time tracking-only access- QuickBooks online allows employees time tracking access to clock in and out marking billable hours.
Set roles and user permission- QuickBooks Online Multiple company files allows the user to create custom access to QuickBooks for sales reps, office managers, and other types of employees and partners.
Limited access reports- Here you have the ability of sharing data with business partners and investors through limited access reports.

FreshBooks - The Better Alternative to QuickBooks

FreshBooks is a cloud-based accounting software meaning all of its products are web-based. With Freshbooks lite and Plus, the user is guaranteed unlimited access to data in the cloud. Freshbooks has a web portal where all invoicing data can be accessed at any time. Freshbooks editions also offer the user unlimited invoices and expenses, time tracking and projects and a clean and easy to navigate interface. The aforementioned tasks make the accounting process less tedious.

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Key Features of FreshBooks

Exemplary billing- Companies can accept payments online through companies such as PayPal, Visa, MasterCard, Google Checkouts and Amex. The issue that may arise from invoices disputes is binned due to trigger notifications and set alerts for late payment risk.
Reporting is spot on- The reporting of financial transactions on Freshbooks is error proof and less time consuming. All balance sheets are monitored in real time.
User Friendly- Freshbooks has a well-organized dashboard and single click functions that make navigation easy.

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Why Choose Freshbooks

The stand out thing about Freshbooks is its ability to multi-task. This makes it steal a march on its rivals in a major way. The functionalities offered by Freshbooks create a platform that makes charging accurate. The results are even more desirable when it comes to charging clients hourly rates. Freshbooks also has the ability to charge flat rates if automated to do so. All one has to do is calculate a running bill and the rest flows like a river. The expenses that the user wishes to liquidate can be taken care of by the system’s handy snaps, which link users with invoices using the simplified expense tool.

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