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Old 12-17-2009, 05:42 AM
Moneytimes Moneytimes is offline
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Default Business account?
How would you go about setting up an initial business account? So far, I haven't separated my funds out, but I'm thinking that I probably should soon. Is there accounting that I'd need to set up?
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Old 12-17-2009, 10:38 AM
Flexy Flexy is offline
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Are you intending to open business as an LLC or sole proprietor? You can use any accounting method you see fit, so long as it is traceable upon audit.
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Old 08-12-2010, 09:56 AM
zzj0770 zzj0770 is offline
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Are you intending to open business as an LLC or sole proprietor?
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Old 08-12-2010, 08:01 PM
SEOArbiter SEOArbiter is offline
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It's a good idea to have a separate business account in my opinion even if you are a sole proprietor. It will be easier for you to track business expenditures and deposits for tax purposes...Good luck!
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Old 10-15-2010, 10:45 AM
Herry00 Herry00 is offline
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Okay thatís great idea infarct and you must consult your financial advisor regarding that as well.
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Old 10-21-2010, 10:43 AM
Herry00 Herry00 is offline
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You can open an account into bank.Better contact with bank.
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Old 10-21-2010, 11:07 AM
sytryt45 sytryt45 is offline
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When you apply for PayPal account then you have to select merchant option. Then you have to some annual fees for same.
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Old 12-20-2010, 07:06 AM
kinah3 kinah3 is offline
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you really have to do is put a link to it on your website.
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Old 01-07-2011, 02:39 PM
schlamphure schlamphure is offline
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Yes try to keep your accounts separate. Otherwise you end up with too many issues.
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Old 03-13-2012, 05:04 AM
SerinaMoritz SerinaMoritz is offline
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Afaik the other difference is being able to associate your business name rather than your personal name with your account, which will look more professional to those you receive/make payments from/to.


contractor mortgages|mortgages for contractors
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