Create a company and add owners

A company is the firm-managed workspace that holds one set of books. Creating a company establishes its name and URL, starting chart choice, first owner, and LedgerHQ package. The company can then connect banks, import history, collect documents, and begin normal bookkeeping work.

Create The Company

Open Companies and select New company. Enter:

• the exact company name;
• a URL slug using lowercase letters, numbers, and hyphens;
• the first owner's name, email, and cell phone;
• Start fresh or Import from QuickBooks for the chart of accounts;
• whether to enable Tally for the company.

Start fresh creates LedgerHQ's standard chart so bookkeeping can begin. Import from QuickBooks starts with an empty chart and opens Import & Export, where the company's own chart and journal history are brought in.

Enabling Tally selects the LedgerHQ + Tally package for that company. Leaving it off creates the company on Core; the firm can change the package later from Billing.

Owner Access Is Equal

Company owners have equal client access. The first owner receives the company invitation or welcome email after creation. Add another owner from Company info when another person should have the same portal access.

There is no primary owner for access. A separate outreach selection can choose which owner receives bank-connection texts, but that choice does not change ownership or permissions.

Keep each owner's name, email, and cell phone current in Company info. This is the shared contact source used by client access, requests, Tally, bank connection texts, and other company communications. Do not maintain a second copy of the same contact on the Bank Feeds page.

Use Company Info

From the Companies list, select Company info. The owner section manages active owners and pending invitations. Use it to add, correct, resend, or remove access as the firm's relationship changes.

The same dialog contains the accountant-only company brief. The brief records operating facts Tally should understand, such as the business model, important accounts, recurring patterns, communication preferences, and other company context. Company owners do not see this internal brief.

Tally can help conduct the standard company interview and prepare descriptive Company info updates. A person must confirm those updates before Tally saves them. The brief cannot be used to change billing, integrations, currency, permissions, or Tally authority.

Choose The Bank Outreach Owner

Open Bank Feeds and then Company texts when one owner should receive new-bank or reconnect requests. Select an owner whose cell phone is complete. The selection controls bank outreach only; all company owners remain equal.

For the full texting workflow, see Bank connection texts.

Archive Instead Of Deleting Books

Archive a company when the firm needs to stop active work while preserving its books. Archival removes the company from normal active work and pauses related connections without pretending its history never existed. Restoring the company returns that preserved record to active use.

Package billing and access state should be reviewed separately when a company is archived or restored. If the company should remain visible but read-only, the firm can instead disable its billing toggle from the Billing tab.