Hi @vgkish,

Yes, that situation you mentioned above is possible. 

You'll need to set up a multi-user network for QuickBooks Desktop (QBDT). The first thing you need to do is to have a single computer that will act as the host for your company file. 

Here's how:

1. Select Custom and Network install for the install type, then hit Next.
2. Choose the option that describes how you’ll use QuickBooks.
3. On the next screen, tap Change the install location.
4. Press Browse to decide where to install.
5. Click Next to start, then Open QuickBooks to start.

See this article to continue this process: Set up and install a multi-user network for QuickBooks Desktop. Scroll down and look for Step 2: Set folder permissions.

You can keep this article for future reference: Fix QuickBooks Desktop install errors. In case you encounter issues with QBDT installations, you can view this page for troubleshooting steps and resolve it. 

Direct other questions you have in the comments below, in case you have other concerns. I'll get back to you as soon as I can.