Good accounting tracks all the money flowing into and out of your company, even if it's your own money. Whether you're depositing money in your business account to pay the bills or loaning your ...

Even if your financial institution doesn’t say this (check your depositor agreement), you still shouldn’t use the same checking account for business and personal expenses.

A withdrawal account can be used in business to keep track of the business owner's spending. Therefore, withdrawals in business are transactions in which an owner removes his money from his ...

If you’re moving any money in or out of your small business, opening a dedicated business bank account is a good idea. Here’s ...

If you’re using your personal bank account for your business, it’s time to switch. Here are the legal and logistical reasons ...

Running a business as a sole proprietor (or sole establishment) in the UAE requires careful accounting-from registrations and ...