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Can I use a personal bank account to pay for my business expenses?

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jacobjohnfrance asked:


I have more than one personal bank account and I want to use one of them purely for business expenses, due to convenience. Can I do this without a problem? All my income will go into my business account, and the majority of my expenses. However 1-2 expenses will be through this personal account, solely used for business. Thanks in advance.

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3 Responses to “Can I use a personal bank account to pay for my business expenses?”

  1. Tam D says:

    Hi, you sure can. You can have as many as you want.
    Good luck, take care. :)

  2. zeuz says:

    Is there a problem? Only a bookkeeping problem.

    Commingling personal and business accounts makes it harder to know what is what.

  3. Be sure to post them in your business books or in your accounting software as business expenses so you don’t forget to claim them at tax time. Not a problem.

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