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Small business forum: Help with Start Up Small Business and Checking Account

by: awsamia September 19, 2012 11:20 PM PDT

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Help with Start Up Small Business and Checking Account

by awsamia - 9/19/12 11:20 PM

Hello, I have recently started a small business. We are operating as a General Partnership in the state of Texas. Because we have not yet been able to file our DBA, we have not been able to open a business checking account. I received our initial funding a couple of weeks ago and have been using my personal checking account for expenses and purchasing of equipment. When I am able to open a business checking account how will I be able to account for the transactions made prior to this? I am very experienced in Finance and Accounting and have keep astute records, I just want to separate my business and personal accounts and start using an accounting software to keep track of my ledger. Thanks!


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Clarification request: So why not use one of the biz in a day services?

by R. Proffitt Moderator - 9/20/12 9:05 AM

In Reply to: Help with Start Up Small Business and Checking Account by awsamia

http://www.smobserver.com/faqs.html and many others show you can complete the DBA step in ONE DAY.

Why the delay?

Also, why didn't you open a new account at another bank?
Bob


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