Should they be kept completely separate? In my finance software I keep track of my business account as well as all others. The problem I se is I don't actually have a business account, its just a cash account at this time so if I buy something I deduct it from the business account as well as my personal checking account. I do this so it reflects on the checking account as that is where the money is actually coming from and I want it to show on the business account as well because I want to know how much I am making and or loosing from the business. One problem that comes up is if I spend $10 in gas it tallies it as $20 in my financial reports because it shows $10 from each account. Any advice? Should I completely separate them or should I be fine keeping them together at this stage?
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Business and personal finances?
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