Keep Personal and Business Accounts Separate
Mixing your personal and business cash might not seem like a huge problem at first. However, every business should have a separate business bank account independent of any personal bank accounts. In many cases, a separate business bank account is compulsory, depending on your business structure.
This separate account will make it easier for you and your bookkeeper to sort through the purchases and sales relevant to your business and save you a lot of time, effort and headaches.
“separate account will make it easier for you and your bookkeeper to sort through the purchases and sales relevant to your business”