Hi there, @svcsmshetty.

Let me share insights about adding a new company to QuickBooks Online.

Under the same QBO account, you have the option to have multiple companies. Each company file requires its own paid subscription, but you can access them using the same sign-in information. This allows you to easily switch between companies, streamlining your management processes.

You can visit the QuickBooks pricing page and select the subscription option you want. Then you’ll be asked to confirm the account you want to sign in with. If the account displayed is the one you want to use for the new company file, select Yes, that’s correct.

Upon signing in, QuickBooks will prompt you to select the company file you wish to open. To switch between companies, you can refer to this link for detailed instructions: Switch between company files in QuickBooks Online.

If you have any further questions or need additional assistance, please don't hesitate to reach out. I'm here to support you in seamlessly adding a new company to your existing account.