Once you want to setup a new company in Sage 50, you employ the “New Company”. This allows you to create your new company file and enter its information. to setup a new company in Sage 50, select “File| New Company” from the Menu Bar. The “New Company” wizard displays different windows into which you'll input your company’s information.Click for more info- https://www.accountingadvice.co/how-to-setup-a-new-company-in-sage-50/