cach business check in personel account

Business Forum

Running Your Business

Accounting & Financial Management

cach business check in personel account

New Topic

Post Reply

Follow Topic

Page of 1

Author
Message

Wheat

posts: 2

Jun 27, 2006 1:52 PM ET Quote Report Abuse

Points: 0 Vote

I got my first business check for my services. I had a checking account when I got married so I kept that account to use for business expenses. This account is not in my business name. The check is written to the business. Can I deposit this check in my account, and if so how do I endorse the check with my signature or with some other writing on the back?

robertj

posts: 1458

Jun 27, 2006 2:10 PM ET Quote Report Abuse

Points: 0 Vote

If your business is a separate entity (corporation, LLC, etc) then you need to open a checking account under that name and deposit the check in the new account. Do not "co-mingle" personal funds with the company`s.

Robert Johnson

-------------------------

Business Growth Masters, LLC -
Capital Catalysts for Entrepreneurs
Home of the Scalable Business Plan and QuikStart Capital Programs
http://www.bizgrowthmasters.com
info@bizgrowthmasters.com

richcoppage

posts: 12

Jul 19, 2006 9:30 PM ET Quote Report Abuse

Points: 0 Vote

If your business is a sole proprietorship, just take a copy of your business license down to your local bank and you should be able to deposit it. Although, I would consider opening a seperate account.

Page of 1

Post Reply

Keep the Community Clean!

StartupNation forums should be used as a platform to learn, educate others, share stories, tips & tricks and to provide constructive feedback.
Please do not use the Forums for advertising & blatant self-promotion.
Please be respectful to other members and refrain from personal attacks and vulgar language.
StartupNation reserves the right to delete any message, reply, and/or member who violates our terms of use.

Read full terms of use

Contact Us Privacy Terms of Use Become a Marketplace Provider Advertise Local Guides Site Map Home Business Start a Business

Business Forum

Forums: Discussions for entrepreneurs and small business.

cach business check in personel account

Keep the Community Clean!