🔵 Common mistakes beginner freelancers make: Commingling personal and business finances
#Freelancetips
Freelancers may want to avoid the hassle of opening a new bank account when they start out, and rather channel funds to a personal account.
If you’re registered as self-employed, this is legally allowed. But commingling business and personal funds will likely make the end of a financial year a nightmare. You’ll have to sort through countless transactions to highlight client payments and business expenses, then do a painful tally of those.
💻 Source
🛡 Powered by V3V Ventures
Post #446
10.9K

- ❤ 5
- 👍 3
- 🔥 1
- 👌 1