Setting up your first business
If you use the Business & Personal edition of Quicken Classic for Mac, a default business named My Business is created automatically. You can edit this business to enter your information and start using business features such as invoicing, client management, and mileage tracking.
This setup determines how your business name, contact information, and tax status appear on invoices and reports. You can also choose your industry and assign a color to visually group transactions.
Open the business setup screen
To begin:
Go to the Business tab.
Select Manage Businesses, then choose Edit My Business.
The Edit Business window opens, with two tabs: General and Address.
Note: If you need to track more than one business, you can add an additional one later by selecting Add New Business from the same menu. The process for setting up a second business goes through the same information listed below.
Complete the General tab
The General tab includes fields that affect how your business is presented in invoices and tracked within Quicken.
Business Name: This name appears on invoices, estimates, and reports.
Invoice Logo: You can upload a PNG or JPG file to appear on printed and emailed invoices.
Industry: Choose the industry that most closely matches your work. This doesn’t affect your accounting but can help personalize some categories.
Business Type: Select your business structure or tax category. Most users will choose General Business (Schedule C), which is standard for sole proprietors.
Color: Assign a color to help visually distinguish this business's transactions from personal ones.
Email, Website, Phone: These fields populate the contact information on your invoices.
Notes: (Optional) Use this field for any internal notes about the business.
You can also:
Click Mark Business as Closed if you’re no longer operating this business but want to retain its history.
Click Delete Business to permanently remove the business and its associated data. Use this option with caution. You cannot delete a business that is in use (has invoices/transations).
Enter your business address
Switch to the Address tab to enter the mailing address for your business. This address appears on invoices and other business documents.
Address Line 1: Enter the main street address.
Address Line 2: (Optional) Add suite, apartment, or building number.
City
State
Zip Code
When you're done entering information, click Done to save your changes.
What happens next
Once you've edited My Business, you can:
Create and send invoices from the Invoices tab.
Track customer payments and outstanding balances.
Add products and services to speed up invoice creation.
Use the Clients and Mileage tabs for client management and mileage logging.