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Keeping business and personal finances separate in QuickBooks

Keeping business and personal finances separate in QuickBooks

Keeping business and personal financials separate is essential for any freelancer or small business owner. The usual advice is to keep two separate QuickBooks company files--one for business and one for personal finances. While ideal from an accounting perspective, this method isn't the most practical solution for a busy professional. Here's how to keep your finances separate while also being able to see the whole picture in a single report.