Business start up tax record keeping questions?
Already paid for many things from my personal acct. Finally got the business checking acct. opened.
Shall I write myself checks on the business acct. to pay msyelf back for the items I paid for from the personal acct?
My reasoning: I want all income and expenses clearly accounted for from within the business acct. (and quicken).
Is this an acceptable practice?
By: inquisitor
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May 22nd, 2009 at 3:58 am
Caffeinated Content
sounds acceptable to me, and a good idea. book it danno.