Create a new company file in QuickBooks

Create a new company file in QuickBooks
  • December 26, 2023

It is a question that is asked many times when customers struggle to add new company files in an existing QuickBooks online version whether to buy a new QuickBooks software or you can do that in the same setup.

  1. New Company new subscription: Whether you like it or not you will have to buy another subscription if you want to add another company to the existing QuickBooks software.
  2. How to start a new company file? Look for the new company tab on QuickBooks and after that, you have to click on express start, following that page, you have to sell the entire company information, and after that look for the options made available from the QuickBooks side, and fill in that information out.
  3. Create a New Company Files in QuickBooks: A QuickBooks company file is 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 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 of how to create a 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 a Detailed Start

  • If you go for a Detailed Start.
  • Fill in 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 the 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 the company file to the location where the company file is to be saved.
  • Once you save a company file, your QuickBooks can easily be customized just by clicking next or clicking on leave to do it later.

Create a New Company File using Express Start

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

The 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 the 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.

Some errors might pop up when creating a new company file like QuickBooks unable to open a company file or Quickbooks error code 6190 816 occurs opening a company file.

These are certain sets of sequences under two different categories. If you still need some error related to the 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. 

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