Budgeting Tips for Self Employed
By
siliconindia | Wednesday, September 28, 2011
Have Separate Saving Accounts
Having separate bank accounts in your business does a great deal to prove to tax authorities that you are actually running a business. But more significantly, it helps you to keep your records straight. Money you generate and spend in the process of conducting your business goes through your business account; all other money goes into your personal account.