Business start up tax record keeping questions?
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?
Answers:
RichManPoorMan: sounds acceptable to me, and a good idea. book it danno.
2008-02-29 19:05:43
2008-02-29 19:05:43