How to Combine Two Companies in QuickBooks
- By :
- Category : QuickBooks Error, QuickBooks Error Fix, QuickBooks Technical Error, Technology
In QuickBooks, you have the ability to merge reports from two different company files. These reports can then display a wider range of data. Many companies with huge company files often get the files divided into multiple parts. They still might require a consolidated report of both the company files. In such cases, merging the reports of the two companies comes out as a clear winner. In this blog, we will discuss about Tips to Merge 2 Companies in QuickBooks.
Combining reports is easy in most versions of QuickBooks. For better analysis of data, it is recommended that the format of storing data in both the company files should be consistent. This will lead to formation of better analyzed reports. Accounts with same name will be combined when the report is being created.
Hence, you don’t have to worry about double entry of accounting data.
It is better to create such reports in multi-user mode. You may have to stay logged in into both the company files when the report is being created. Hence, you’ll have to stay logged into multiple files and this is only possible in multi-user mode.
Note: Please configure the multi-user mode properly before creating combined reports from two separate company files.
Follow the Steps Provided Below to Create a Consolidated Report from Two Company Files:
- Go to QuickBooks and select the Reports Menu.
- Click on Combine Reports from Multiple Companies.
- In the new window, click on Add Files.
- Select the company file you want to open. Click on Open.
- Select the type of report you want to create from consolidated data of two separate company files.
- Enter the required fields and range.
- Select the option, Combine Reports in Excel.
You’ll get a consolidated report in Microsoft Excel spreadsheet format. Hence, this report will be portable and easily accessible.
Unfortunately, this feature of creating combined reports from consolidated data of two different company files is only present in QuickBooks enterprise. In other versions, this option is not available.
In such a case, you can use various third party tools to create a consolidated report. You have plenty of options to choose from.
See Also Support for Quickbooks 2018 Errors
QuickBooks Accounting Software
QuickBooks makes it easy to handle everyday accounting tasks. You can record vast amount of data by creating forms. The forms are automatically recorded and the transaction listed in them is then transferred to the journal.
All data is secured via multiple levels of encryption. Without proper authentication, no one can access the data stored in QuickBooks. Hence, it is a great software for storing all the confidential accounting data of your business.
RepairContact QuickBooks Technical Support Team
We at RepairContact understand that QuickBooks enterprise is quite an expensive option for most users. This is why we provide company file consolidation support. Through this service, you can easily get two separate company files consolidated into one.
Further, we can also create reports from two different company files via third party software that we have access to. Hence, you won’t have to purchase any other software for creating a combined report.
QuickBooks technical assistance is available round the clock. With advanced knowledge of computers and QuickBooks, they can help you through all QuickBooks related issues. We also provide QuickBooks data recovery support and QuickBooks remote support. In order to increase performance of user’s system when working with QuickBooks, we provide optimization services.
We also have cloud hosting experts who can help you in settings up cloud hosted QuickBooks. To know more, feel free to contact QuickBooks technical helpdesk at ✆+1-800-986-6821(Toll Free).
See Also How to Merge and Separate Personal Expenses and Business Expenses on Quickbooks
See Also QuickBooks Client Machine Can’t Locate Server Company Data File