Good or bad idea managing both personal and company financial in one tool?
1 thought on “Good or bad idea managing both personal and company financial in one tool?”
If you’re a solopreneur or freelancer / single member LLC I think the answer is yes. You should always still separate the accounting for your business and personal accounts (which it appears this is doing).
I’ve used both QuickBooks and puzzle in the past for managing the biz finances and PNL side of things; but there’s no personal finance involved which makes it annoying to then have another tracker tool like Tiller or Monarch. You can do both inside Fina, but you’ll want to set a separate list of categories for you business and personal and again ensure those accounts that are linked to each profile are for their respective purposes of business and personal.
TLDR;
separate your bank accounts for biz and personal to keep things clean and then yes you can use a tool like this
If you’re a solopreneur or freelancer / single member LLC I think the answer is yes. You should always still separate the accounting for your business and personal accounts (which it appears this is doing).
I’ve used both QuickBooks and puzzle in the past for managing the biz finances and PNL side of things; but there’s no personal finance involved which makes it annoying to then have another tracker tool like Tiller or Monarch. You can do both inside Fina, but you’ll want to set a separate list of categories for you business and personal and again ensure those accounts that are linked to each profile are for their respective purposes of business and personal.
TLDR;
separate your bank accounts for biz and personal to keep things clean and then yes you can use a tool like this