Should I open a separate company file for a multi-location company?
I have a company with 2 stores and one owner. It is important to us to see how each store is doing. Here are some considerations:
- Both stores have their own staff and slightly different vendors based on their location.
- Accounting wise, they share the same Tax ID & accounting categories.
- Both stores share one credit card.
Should we open multiple companies in quickbooks and manage them separately or should we open one company with multiple accounts and possibly locations?