HI, I was wondering if anyone knows if you can use quickbooks to manage the accounting for seperate multiple Businesses. I was thinking about starting a second business, would this mean I would need to purchase two copies of quickbooks?

Thanks

TJ

Not so with older versions. I can set up as many companies as I want. Mine is real old - version 5.0. I am just too cheap to upgrade. I have heard now with new versions you have to pay a yearly fee of some sort as well.

So updating is not a real issue, I was going to use their new online version $19.99 a month, $240 a year, about the same as buying a new copy each year. So most will allow multiples cool.

Thanks!!!!!

I love quick books, but It didn't quite meet my needs for tracking client information and customer database management. I tried all sorts of combinations of QB + client management software with no satisfaction, then I discovered an add-on to Quick Books called Quickbooks customer manager. It is AWSOME! It coordinates with Quick books, and allows you to track customer relations, history and prospecting as well. I have been so happy with it, and it was in-expensive to boot.

Hi TJ!

I am currently using QuickBooks Pro 2003, (although I have owned 2004 for about 6 months, just haven' t found the time to upgrade), and have 3 separate companies set up in it that I take care of.

With the QuickBooks Pro you can switch easily and within seconds between each company. I can also email invoices from each separate company, and track whatever inventory, sales, etc. that I need to for each.

Hope this helps. You can find QB Pro 2003 and 2004 fairly cheap now as 2005 is available now. ;)

*I think you can have either 5 or 6 different companies set up in one copy of the QB Pro and QB Premier.