Advertise here    

QuickBooks Forums      

Go Back   QuickBooks Forums > QuickBooks Software Support > QuickBooks Pro Forum

Reply
 
Thread Tools Rate Thread Display Modes
  #1  
Old 08-11-2017, 03:09 PM
Walker.sue Walker.sue is offline
Registered User
 
Join Date: Dec 2016
Posts: 22
Adding new company

I need to add a new company to QB Pro. The company has two other accounts in QB owned by the same company. Is it possible to use the same chart of accounts in the new company that are listed in one of the other companies. The income and expenses will be virtually the same.
Reply With Quote
  #2  
Old 08-11-2017, 05:38 PM
Lorin Browning Lorin Browning is offline
Registered User
 
Join Date: Apr 2004
Location: Landrum SC
Posts: 623
Yes, if you use a different company name.
__________________
Lorin Browning, Ph. D.
Fellow -- National Tax Practice Institute
lorin@lorinbrowning.com
Reply With Quote
  #3  
Old 08-12-2017, 05:48 AM
Rustler Rustler is offline
Registered User
 
Join Date: Feb 2008
Location: Texas - The Republic
Posts: 2,365
Sue
In a present company file
menu file>utilities>export>lists to iif and select the name lists you want to export

you can open the saved file in excel and delete any rows (accounts) that you do not want transferred, save and

in new company file use the same menu tree but import
no transactions move, just the name lists
Reply With Quote
  #4  
Old 08-13-2017, 09:57 AM
Walker.sue Walker.sue is offline
Registered User
 
Join Date: Dec 2016
Posts: 22
What is iff? Otherwise the instructions are straight forward.

Quote:
Originally Posted by Rustler View Post
Sue
In a present company file
menu file>utilities>export>lists to iif and select the name lists you want to export

you can open the saved file in excel and delete any rows (accounts) that you do not want transferred, save and

in new company file use the same menu tree but import
no transactions move, just the name lists
Reply With Quote
  #5  
Old 08-14-2017, 05:05 AM
Rustler Rustler is offline
Registered User
 
Join Date: Feb 2008
Location: Texas - The Republic
Posts: 2,365
iif is an intuit file format, it means intuit interchange file (I think)
in the menu tree it is an option you select
Reply With Quote
  #6  
Old 08-15-2017, 04:19 PM
cojhl2 cojhl2 is offline
Registered User
 
Join Date: Jan 2010
Location: Colorado, SE Washington
Posts: 1,354
Quote:
Originally Posted by Walker.sue View Post
I need to add a new company to QB Pro. The company has two other accounts in QB owned by the same company. Is it possible to use the same chart of accounts in the new company that are listed in one of the other companies. The income and expenses will be virtually the same.
This concerns me, do you mean the companies are going to share accounts such as Bank accounts//
__________________
Colorado Springs and Eastern Washington
QB Pro 2016 used for two farms and personal
Reply With Quote
  #7  
Old 08-15-2017, 04:46 PM
Walker.sue Walker.sue is offline
Registered User
 
Join Date: Dec 2016
Posts: 22
Quote:
Originally Posted by cojhl2 View Post
This concerns me, do you mean the companies are going to share accounts such as Bank accounts//
No. All three companies are owned by the same person, but all have separate bank accounts.
Reply With Quote
  #8  
Old 08-15-2017, 11:46 PM
Lorin Browning Lorin Browning is offline
Registered User
 
Join Date: Apr 2004
Location: Landrum SC
Posts: 623
In what sense are they three companies? Separate bank accounts do not necessarily make three different companies.
__________________
Lorin Browning, Ph. D.
Fellow -- National Tax Practice Institute
lorin@lorinbrowning.com
Reply With Quote
  #9  
Old 08-16-2017, 03:18 PM
Walker.sue Walker.sue is offline
Registered User
 
Join Date: Dec 2016
Posts: 22
Quote:
Originally Posted by Lorin Browning View Post
In what sense are they three companies? Separate bank accounts do not necessarily make three different companies.
The names of the companies are all different. They service and sell different equipment. Not sure how YOUR question pertains to MY question.
Reply With Quote
Reply

Bookmarks
Bookmark and Share
Tags
chart of accounts

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is Off
HTML code is On

Forum Jump


All times are GMT -5. The time now is 12:27 AM.


 

Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.
All contents copyright (c) by AccountingUsers Inc.