I am trying to add another company that I can track expenses/sales with, but cannot find any drop-down menu by clicking on the gear icon. Can anyone help?

One QBO account is for one company file. You can use an old QB Desktop with a non subscription license to maange multiple company files.

In QuickBooks Online (QBO), each company requires its own subscription, Karen. You cannot manage multiple companies under one account because their financial records must remain separate.

To track expenses and sales for another company, you need to set up a separate QBO account and purchase an additional subscription.

1. Go to the QuickBooks website.
2. Select the QuickBooks Online product that fits the needs of your new company.
   
   
    
3. Start the sign-up process.
4.  You can sign up for the new account with the same Intuit ID/email that you use. This will let you easily switch back and forth between your companies without needing different email addresses.

You can check out our QuickBooks Live Expert Assisted team if you need additional assistance. They can help you simplify your accounting procedures, maintaining accuracy in your financial records, and provide expert support.

The Community forum is available 24/7. Feel free to visit us if you have other concerns. Have a great day!