I'm here to share with you some information about setting up your businesses in QuickBooks Online (QBO).
Setting up two business under the same ABN may affect your forms and taxes since you need to file them separately. To avoid any issue, you need to use one QBO subscription per company or business. Thus, you can purchase a new subscription for the second file.
On the other hand, here are some of our helpful articles which you can read more about creating a new company file and switching from one account to another:
If you have any other follow-up questions about setting up your business and accounts, please let me know by adding a comment below. I'm more than happy to help. Have a good one!
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