Payment received on Propritor Personal Saving Sccount.

This discussion addresses whether a proprietor can receive business payments into their personal savings account, especially when just starting out and before opening a business account. While it's generally permissible, especially for a few initial transactions, it's strongly advised to open a dedicated business bank account to maintain clear financial records and avoid mixing personal and business expenses. It's also recommended to update your GST profile with the account details used for receiving payments.