My business partner lives in another state and we would both need user/edit access to our business accounting software. Is this possibel with Quicken Home and Business?
No, that is not possible for a single, common data file. There can be only a single login setup for each data file.
Just as important is that Quicken is a personal financial planning tool, not a business financial planning tool. Quicken Home & Business is really designed more to support individuals who have rental properties or some other personal business. Trying to use it as a business financial management tool by multiple individuals tends to be very problematic.
For instance, the data files are designed to be saved and run locally on a single computer (laptop or desktop). Quicken specifically recommends not saving the main data file on a cloud account or network server (saving backup files there is OK) because running it from there and/or accessing the data file at the same time by multiple individuals can easily introduce data corruption that often is not easily recoverable, if recoverable at all. If you wish, you can read more about this in the following Support Article: https://www.quicken.com/support/can-i-share-my-quicken-file-between-multiple-computers-using-dropbox
If I am correctly understanding what you are trying to accomplish, you might be better off taking a look at Quickbooks or some other similiar type of business software. It is my understanding that Quickbooks does permit access by multiple people remotely and at the same time…and I'm assuming, allows multiple individual login IDs and PWs.
(Quicken Classic Premier Subscription: R55.15 on Windows 11)
No, that is not possible for a single, common data file. There can be only a single login setup for each data file.
Just as important is that Quicken is a personal financial planning tool, not a business financial planning tool. Quicken Home & Business is really designed more to support individuals who have rental properties or some other personal business. Trying to use it as a business financial management tool by multiple individuals tends to be very problematic.
For instance, the data files are designed to be saved and run locally on a single computer (laptop or desktop). Quicken specifically recommends not saving the main data file on a cloud account or network server (saving backup files there is OK) because running it from there and/or accessing the data file at the same time by multiple individuals can easily introduce data corruption that often is not easily recoverable, if recoverable at all. If you wish, you can read more about this in the following Support Article: https://www.quicken.com/support/can-i-share-my-quicken-file-between-multiple-computers-using-dropbox
If I am correctly understanding what you are trying to accomplish, you might be better off taking a look at Quickbooks or some other similiar type of business software. It is my understanding that Quickbooks does permit access by multiple people remotely and at the same time…and I'm assuming, allows multiple individual login IDs and PWs.
(Quicken Classic Premier Subscription: R55.15 on Windows 11)
Four or more authorized users can be on a credit card, depending on the issuer and the specific card. Some credit card companies limit how many users you're allowed to add, whereas others have no restrictions on the number of authorized users that can be on a credit card account.
Answers. No, that is not possible for a single, common data file. There can be only a single login setup for each data file. Just as important is that Quicken is a personal financial planning tool, not a business financial planning tool.
With a joint credit card account, both people open the account together and are equally and separately liable for all charges on the account. With an authorized user on an account, only the primary cardholder is responsible for the charges.
Will removing an authorized user hurt their credit? It depends on the situation. If the card in question has been well maintained with on-time payments and low credit utilization, removing the authorized user from the account will effectively erase that positive payment history from their credit report.
You can set up "individual businesses" within your Quicken data file. They act as if they were separate copies of Schedule C when viewing tax reports. Other Business views and reports can show them individually. To set up, go to the Business tab, click Business Tools and select Manage Business Information.
Quicken can handle many small businesses. You just have to add them. Go to the Business tab at the top of Quicken's main window to open the Business dashboard. From the menu, choose Add New Business to customize your business details.
Can I Install Quicken On Multiple Computers? Do I Need To Purchase Quicken Again To Install It On A New Computer? [Support Article] With the Subscription Release of Quicken, there is no limit on how many computers Quicken can be installed on.
Authorized users will be subject to the credit limit on the card, and the original cardholder may set spending limits for the authorized user if their bank or issuer allows it.
If the lender doesn't report activity from authorized user accounts to the credit bureaus, then those accounts won't influence your credit rating. Authorized user accounts must show up on your credit report to affect your credit score.
If your credit card company doesn't report authorized users, adding them to your account will have no impact on their credit score. If, on the other hand, your credit card company does report authorized users, it can help them start building up credit.
Becoming an authorized user on someone else's credit card account is a strategy for improving credit quickly. It works best if the primary user's card has a long record of on-time payments and a high credit limit and the authorized user doesn't have recent blemishes on their credit report.
Introduction: My name is Annamae Dooley, I am a witty, quaint, lovely, clever, rich, sparkling, powerful person who loves writing and wants to share my knowledge and understanding with you.
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