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Adding a Business in Quicken Business & Personal in the Mobile App

Learn how to add your business to the Quicken Business & Personal Mobile App

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Written by Paco

Overview

Adding a business is the first step to using Quicken Business & Personal. This article will show you how to add a business so you can track business income and expenses separately from your personal finances.

Note: Form 1120-S and Form 1065 are not supported for tax reporting.

Adding a Business

To add a business using the Quicken mobile app, follow these steps:

  1. Open Business Settings

    1. Tap the Menu (three-line icon).

    2. Tap Settings.

    3. Tap Businesses.

    4. Tap the + icon in the top-right corner.
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  2. Enter Your Business Details
    Fill out the following fields:

    1. Business name.

    2. Industry type.

    3. Business structure.

    4. Color label (used to visually identify this business).

    5. Accounting method.

    6. Business email.

    7. Business logo (optional).

  3. Select an Accounting Method
    Choose how income and expenses will be recorded:

    • Cash Basis (default): Records income when a payment is received and expenses when money is paid out.

    • Accrual Basis: Records income and expenses when services are provided, even if payment has not yet been received or made.
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  4. Tap Continue.
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  5. Select Your Tax Form
    Choose the tax form your business files with the IRS.
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  6. Tap Confirm to save your business.

To add more businesses, tap the plus sign (+).

Note: Business and business accounts (payable, receivable, sales tax, and undeposited funds) can't be deleted.

Adding and Associating Business Accounts

You can associate any bank account you have added in Quicken Business & Personal.

Note: A bank account can only be associated with one business.

Customizing your Account List

After you add your business(es) to Quicken Business & Personal, you can change the order of your business and personal accounts in the account list.

To rearrange your account list:

  1. Tap the Menu (three-line icon).

  2. Tap Accounts.

  3. Tap the three-dot icon in the upper-right corner.

  4. Tap Customize account list.

  5. Tap and hold, then drag to reorder your personal and business accounts.

  6. Tap Save.

If you're looking for steps specific to the web app, please see our article Adding a Business in Quicken Business & Personal.

If you have any questions or need help adding your business in Quicken Simplifi, reach out to our support team.

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