Greenguy's Board


Go Back   Greenguy's Board > Newbie Questions
Register FAQ Calendar Today's Posts

Reply
 
Thread Tools Search this Thread Rate Thread Display Modes
Old 2009-07-24, 12:45 AM   #1
domweb
I'm going to the backseat of my car with the woman I love, and I won't be back for TEN MINUTES
 
domweb's Avatar
 
Join Date: May 2004
Location: Midwest USA
Posts: 85
Yeah, but if I pay for the content with a personal account, tracking my expenses gets screwy. I want to pay for content from my business checking, not my personal. How the heck am I supposed to write off content on corporate taxes while I am paying for it from my personal checking?

Lousy bookkeeping and a large pain in my ass.

Obviously I am too impatient and too small. When my cash flow is larger I will bother with the paperwork. I had an easier time and less paperwork getting a merchant account and a portable radio dialing credit card machine for a different business.

Thanks for the shout backs. I am not knocking ePassporte, but they are obviously for bigger players than me. When I need an account from them, I'll count it as a milestone.

Meanwhile, wire transfer it is.
__________________
gender enigma relaunching July 17. 2009...ish
domweb is offline   Reply With Quote
Old 2009-07-24, 01:04 AM   #2
Bill
Selling porn allows me to stay in a constant state of Bliss - ain't that a trip!
 
Join Date: Apr 2003
Posts: 3,914
Well, when i started mine, as i recall I loaded it with my business credit card. The card treated it as a cash advance, and charged me the cash advance fee, which i then wrote off as a necessary cost of establishing the account.

For me the business credit card is the equivalent of a business checking account.

The few times I have to write checks for things, I do write them from my personal account, making notes for the business record of check numbers & amounts & purposes etc for the taxman.

I don't have the same philosophy for organizing this kind of business as you, so my experiences presumably dont apply.
Bill is offline   Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 06:11 AM.


Mark Read
Powered by vBulletin® Version 3.8.1
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
© Greenguy Marketing Inc