O'Reilly logo

The Complete Idiot's Guide® To Accounting by Lita Epstein, Shellie L. Moore

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Setting Up Cash-Operating Procedures

Before you open the doors of your new business, you need to set up a bank account for the business. Certainly, you hope to be adding to that account daily with all your new business. You definitely want to select a bank conveniently located to your business and one that operates at times when you need to use it. (Of course, banking hours are not necessarily designed for your business.)
Visit your area banks and find out what type of business services they offer. Find out if you will have the personal attention you need to handle questions and deal with problems that could arise. Of course, check on the fees for services. Fees vary greatly for business accounts. It never hurts to shop around, but don’t necessarily ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required