Banking & Payments
Business bank accounts, payment processors and how money moves between them and your books.
Start here
Keeping business money separate makes bookkeeping and tax time far easier. Start with choosing and setting up a business bank account.
Key topics
Business bank accounts
Why to separate business money and what banks typically ask for.
Comparing account fees
Matching an account’s fee structure to how you actually bank.
Payment processors
How card and online payments reach your bank account.
Read: Shopify Accounting in CanadaReconciling to the bank
Checking your books against your statements each month.
Read: A Simple Month-end CloseGuides in this topic
Tools and resources
Cash Flow Calculator
Project six months of cash from inflows and outflows.
Business Budget Calculator
A monthly budget with net income and expense mix.
Free resources
Related topics
Want help with your books?
Ronidex offers bookkeeping and accounting support for small businesses, with an initial focus on Ontario. Our guides and tools stay free and educational.