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Managing multiple businesses

Manage multiple companies in Banqup: guide to switching between business spaces and handling separate entities

Maxime avatar
Written by Maxime
Updated over 2 weeks ago

Banqup can handle multiple businesses, or multiple branches of the same business (like different locations) with each one having its own dedicated space. Whether you're an entrepreneur managing several companies or a business with multiple locations, you can easily switch between different spaces to manage each entity separately.

What is a space?

A space is a dedicated environment for a single business entity or location within Banqup. Each space operates independently with its own set of documents, apps, and settings, ensuring that your business data stays organized and separate from other entities you manage.

Benefits of multiple spaces

  • Manage different companies.

  • Manage different branches, subsidiaries or locations.

  • Maintain clear financial records per entity.

  • Use different settings,apps and extensions for each business.

Creating a new space

  1. Click your profile icon in the top-right corner to open the main menu.

  2. Click on Switch space.

  3. Click on Create space.

  4. Follow the instructions

  5. Your new space will be ready to use.

Switching between spaces

  1. Click your profile icon in the top-right corner to open the flyout.

  2. Click on Switch space.

  3. Select the space you want to access from the list.

Important notes

  • Each Business space maintains its own:

    • Invoices and other documents

    • Payment records

    • Apps and other extensions

    • Users

    • Subscription

  • Each Partner space maintains its own:

    • Clients

    • Apps and other extensions

    • Users

    • Subscription

  • You can quickly see which space you're in at the top-right of your screen.

  • A user's roles and permissions may vary between different spaces.

FAQ

How many spaces can I have?

There is no limit of spaces you can have.

Can I give users access to specific spaces only?

Yes. Users must be invited to each space separately. When inviting a user to a space, you can define their specific permissions for that space. This means a user could have full access to one space but limited permissions in another, or they might only have access to the spaces they need to work with.

Do I need to create separate spaces for each business entity?

Yes, it's recommended to create separate spaces for different legal entities to maintain distinct financial records and comply with business regulations.

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