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If you run a multi-location or multi-department business, there’s a chance you have multiple bank accounts. This can keep your finances tidy and might even be necessary. If your business has multiple locations, for instance, it might be easier to manage batches and reconcile bank accounts separately. Similarly, businesses managing multiple brands, like auto dealerships, might need to separate deposits by manufacturer. Likewise, legal firms often need multiple merchant accounts to manage client payments during trial.READ MORE
We all know the trope “with great power comes great responsibility.”READ MORE
Handling any business’s day-to-day financial management isn’t easy. Toss in multiple locations and departments, and you really make things interesting.READ MORE