Hello everyone. I'm new here.
I recently decided to take business I was doing as a sole proprietor to an LLC. I have formed a partnership with someone.
We run a talent agency and design company now.
I have my accounting system setup in Microsoft Office Accounting 2009. I think I have it set up pretty well.
Here's my dilema. I made some purchases on Black Friday around $700 for our office. I had forgotten my business card. Is it ok in my accounting software, to setup a personal credit card, and only have 1 or 2 transactions on it? Also, I have setup an account called "Personal Cash", for times I have paid for things with my personal cash.
I am new to this whole business accounting thing, and can't really afford a CPA for stuff all the time. Any help is much appreciated
I recently decided to take business I was doing as a sole proprietor to an LLC. I have formed a partnership with someone.
We run a talent agency and design company now.
I have my accounting system setup in Microsoft Office Accounting 2009. I think I have it set up pretty well.
Here's my dilema. I made some purchases on Black Friday around $700 for our office. I had forgotten my business card. Is it ok in my accounting software, to setup a personal credit card, and only have 1 or 2 transactions on it? Also, I have setup an account called "Personal Cash", for times I have paid for things with my personal cash.
I am new to this whole business accounting thing, and can't really afford a CPA for stuff all the time. Any help is much appreciated
