It is not recommended to mix business and
personal matters, especially in the case of finances. Even sole proprietors
should separate bank accounts to ensure clarity and ease of bookkeeping
processes. It is recommended that all records of transactions are clear (for
accounting and tax reasons). To ensure this, all finances should be kept
separate. Having a separate business account also highlights any cash flow
problems that may be occurring, without outside influence from separate
personal income. Need
assistance, contact us for help. http://www.bmfms.com
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