Monday, May 17, 2021

How to change company profile in quickbooks

In this tutorial, we will see whether how we can change our company information in quickbooks desktop. 


So, before changing the info, first go the create invoices and select preview under the print dropdown to see how the company info is written on the invoices at this point in time.

Instructional Tutorial:

 

Now, click the “Company” menu and select “My Company”. And here is the current info that has been added to this company.

Now, click on this pencil icon to make changes in the info.

Under “Contact information”, change your company name: suppose the sample or fictional company I am working on, has been registered as LLC, so we can add “LLC” at the end of the name to let the people know that it’s a registered company, and since it’s a 3D designs services and trading company, we can add 3D in the name too. So that people can understand by reading the name whether what services and products have been offered by this company. 

And add other info like, Address, Fax Number., Email, Website.

Then click on the “Legal Information” and Change the company name and address info here too.

Then Click on Company Identification where you can add Employer Identification Number and Social Security numbers than click on “Report Information”, its where you can change your Fiscal and tax year which may be different according to your business.

And here you can change your income tax form and since the fictional company I am working on has been registered as LLC instead of Partnership, corporation or S. Corporation, I am not going to change the form as its still owned by a single person. And if you are confused whether what form needs to be selected than I would recommend you to go to your country’s concerned website and search your needed info or choose “Other/None” option and contact your accountant or CPA who will help you with this.

Now, click on “Payroll tax form information”, here you can add the info of the person who is responsible for preparing and signing the payroll tax forms. Now after changing the concerned information, click on “OK” and here you can see that the info has been added and the name of the company has been changed.

Now, go to the invoices and select preview under the print dropdown again and here you can see that the name of the company has also been changed and this is how, you can change or edit your company info in QuickBooks desktop.

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