This is an interesting thought, because although you're "supposed" to have separate accounts, the reality is that many entrepreneurs never do.
For now, inDinero would only be able to show you the finances from your combined transactions -- that is, unless you had sub accounts that you used only for business transactions, in which case we can ignore your personal sub-accounts.
Will follow up via email to figure out a better solution to this. Thanks for the feedback, Dave!
- Jessica & Co
So yes, without having a look at the app yet, maybe having the ability to mark each transaction as business or private would be great. An extension on that to would be automatically marking transactions with certain words in descriptions, transfers from certain clients and certain expenses will always come up the same way.
I'd highly recommend making the 1 hour investment in getting a business sub-account with its own checkbook and debit card :)
Hope this helps!
I have a business that has grown from 0 to 500,000 pageviews / month in a little under 6 months. I haven't spent much money but my income is starting to be more significant.
I use two separate bank accounts that are personal accounts for my ad revenue deposits, and I use personal credit cards to pay for things. I understand the need, eventually, to incorporate and get separate accounts, but right now I don't have that.
So is inDinero useless to me? Should I use QuickBooks instead, as it allows for much more flexibility and manual transaction entry?