Quickfile for Sole Trader with 2 businesses

[petermac]

Before signing up, I want to check if Quickfile work for me for my circumstances.

I am a sole trader with 2 separate businesses, I would like the the business details to be different on the invoices for each business. I have one bank account for the 2 businesses but 2 Stripe accounts, one for each business, so I would like the Stripe feed to connect to 2 separate accounts. Would this be possible?

Thanks,
Peter

[QFSteve]

Hello @petermac

Are the businesses 2 separate legal entities or just 2 different trading styles?

I would like the Stripe feed to connect to 2 separate accounts. Would this be possible?

Only one account can be linked at a time

[rhc]

Hi,
If you have 2 separate business, then you will need 2 quickfile accounts with 2 different email addresses. Alternatively, you could use affinity to be able to see both business under one login.

QuickFile Affinity overview

What is Affinity? QuickFile Affinity is an advanced tool-set for managing multiple QuickFile profiles under a single login and dashboard. The Affinity dashboard allows you to instantly visualize all your profiles and quickly access specific areas within those accounts. Affinity also tracks all the key filing dates making it useful to those in the accounting profession who need to efficiently plan their workflow. [image] How do I register? You can register a new Affinity account or login to a…

You can certainly connect the right stripe account to the right quickfile account.
I am not completely sure with your one bank account for both quickfile accounts, but theoretical it should be possible. But to be honest to keep things simple I would open a second bank account so you have 1 for each business.

If you have two trades under one business, then you only need one quickfile account, and you can use 2 different trading styles. The downside, as far as I know you can only connect 1 stripe account to a quickfile account.

Custom Trading Styles

Please Note: The features described in this document requires a Power User Subscription Introduction A “Trading Style” is a particular business name and branding theme that should be applied to a company’s invoices, estimates and general stationery. Sometimes a company may have a trading style that deviates from their official registered name, for example Acme “Group Limited” trading as “Acme Printing Supplies”. When to use custom trading styles? Occasionally you may have multiple trading s…