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MTD query - group returns

  • Fellow
  • Practice Licence
  • 81 posts
  • # 117622

I have a partnership client that run two business under the one partnership.  Currently the two business are recorded in 2 QuickBook accounts for ease of recording and reporting with the VAT figures exported to spreadsheets.  I then have to merge the 2 spreadsheets manually then submit these figures manually.  

With MTD I belive I now have 2 options

1.  post all partnership information into one QuickBooks account with locations, or

2.  set up a 3rd QuickBooks account so act as bridging software. 

 

Any thoughts?

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