What is the easiest way to set up multiple companies, with the same owner, in Quickbooks? A. Use the Advanced/detailed Setup to go through the EasyStep Interview for each company, creating a separate company file for each. B. Use the Advanced/ Detailed Setup to go through the EasyStep Interview for the oldest company, then click File >Add Additional Business at the end of the interview l. C. Purchase a separate Quickbooks license for each company. You will create different icons for each company on your desktop. D. Set up classes for each company within the parent company file. This will allow you to print financial statements for each company.

Pkg Acc Infor Systems MS VISIO CD
10th Edition
ISBN:9781133935940
Author:Ulric J. Gelinas
Publisher:Ulric J. Gelinas
Chapter2: Enterprise System
Section: Chapter Questions
Problem 2DQ
icon
Related questions
Question
What is the easiest way to set up multiple companies, with the same owner, in Quickbooks? A. Use the Advanced/detailed Setup to go through the EasyStep Interview for each company, creating a separate company file for each. B. Use the Advanced/ Detailed Setup to go through the EasyStep Interview for the oldest company, then click File >Add Additional Business at the end of the interview l. C. Purchase a separate Quickbooks license for each company. You will create different icons for each company on your desktop. D. Set up classes for each company within the parent company file. This will allow you to print financial statements for each company.
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Documentation techniques
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Pkg Acc Infor Systems MS VISIO CD
Pkg Acc Infor Systems MS VISIO CD
Finance
ISBN:
9781133935940
Author:
Ulric J. Gelinas
Publisher:
CENGAGE L
Financial Accounting
Financial Accounting
Accounting
ISBN:
9781305088436
Author:
Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:
Cengage Learning
Financial Accounting
Financial Accounting
Accounting
ISBN:
9781337272124
Author:
Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:
Cengage Learning
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
Personal Finance
Personal Finance
Finance
ISBN:
9781337669214
Author:
GARMAN
Publisher:
Cengage
Quickbooks Online Accounting
Quickbooks Online Accounting
Accounting
ISBN:
9780357391693
Author:
Owen
Publisher:
Cengage