QB Issue Resolution:
Unlike QuickBooks desktop version (where you can create as many multiple company files as you want), QuickBooks Online plus is per one company file subscription. You can only have one business or company file in one paid subscription account. You can have multiple businesses with additional PAID subscriptions added under your same login name.
They give you some minimum discount for 2nd company file (20% discount), and for 3rd company and above (30% discount). Discount rate may vary from time to time.
There is no question this is the biggest disadvantage of having QuickBooks Online Plus service and paying $39.95 subscription fee per month forever. Oh, that is paying $2,397.00 to Intuit in five years.
If Intuit Online (QBO) marketing (or management) team is reading this, they should offer at least 50% discount for 2nd company file subscription. That’s fair and reasonable pricing!!
Resolution for Issue 'how to set up multiple companies' available: Yes (Solved).
Source: Intuit Community forum.
how to set up multiple companies: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.Support for Quickbooks/QBO
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