How to setup a separate account

jacsdad

Is it possible to have a separate account (a sub account) that has a unique registry, banking, budgets and Bill Pay the is not tied to my main Account?

I want to use this for Income and Expenses for a LLC but would prefer not having to purchase, install and manage a separate instance of quicken (example: Quicken for Business).

volvogirl

Sounds like you might want a separate Data File? Go up to File-New. You can have many completely separate data files. You can only have 1 Quicken version installed at the same time. And I don't believe there is a Home & Business version for Mac yet.

Now if your LLC is a Single Member LLC that is NOT an S corp you should probably keep it in your existing personal file. Files should follow your tax returns. A SMLLC is a disregarded entity and goes on Schedule C in your personal tax return.

jacsdad

Thank You… this is exactly what I needed.