Hi Friends
I have Sole Propertier Firm, and need to know should I keep all my Current and Saving Accounts under one company or should do separetly. I have one current a/c and 4 saving accounts and many times i do cross transactions within these accounts like fund transfer/payments/credit card payment etc.
please advise
Thanks
Sumeet
any thing related to the business should and must be taken into account
yes u can maintain all bank accounts and transfer them internally but u have to show all account in ur B/S
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
CAclubindia
