There needs to be a change to way deposits are made with the current accounting software. The way the current software works makes practicing the concept profit first difficult. Our MC is no longer allowing commission checks to be deposited into more than one bank account. Mainly because the software doesn't allow more than one account to be stored at a time. Although, this is new software, this is an antiquated practice. I've never met accounting software or payroll software that did not allow for multiple bank accounts. We need a minimum of 2 for business and tax, but I do not believe it should be limited.
There needs to be a change to way deposits are made with the current accounting software. The way the current software works makes practicing the concept profit first difficult. Our MC is no longer allowing commission checks to be deposited into more than one bank account. Mainly because the software doesn't allow more than one account to be stored at a time. Although, this is new software, this is an antiquated practice. I've never met accounting software or payroll software that did not allow for multiple bank accounts. We need a minimum of 2 for business and tax, but I do not believe it should be limited.