Hi There! So I'm a little confused. Right now I have a very unique financial situation that needs to be managed on paper somehow. Perhaps someone can lend me some advice on how to structure my accounts with Ledger. I have a few accounts:
* Business Checking * Personal Checking * Personal Savings Both checking accounts have debit cards tied to them. I do not have credit cards. My sources of income are the following: * Contracted (1099'd) work in the name of my business deposited into my business checking account * Contracted (1099'd) work in my personal name deposited into my personal savings account I have to pay quarterly estimated taxes on both of those sources of income. My business is a single-member LLC and is treated by the IRS as a disregarded entity. Here's where my situation gets complicated. Some of my personal expenses inevitably wind up being charged to my business debit card and some of by business expenses inevitably wind up being charged to my personal debit card. I was wondering what is the best way, in your opinion, to go about making my data file so that I can track business and personal expenses separately, but still have a quick way to run quarterly income reports and yearly profit and loss reports on all of my accounts for estimated taxes. Thanks for your help! -Robert
