u/Ancient_Oil7603

Hi All. Best accounting software for someone who has NO accounting experience (me) and hates numbers (also me.) Also how do you set up your business bank account? I made buckets for Owner Pay, Taxes, Operating Costs, Buffer, and Quarterly Owner Draw. What do you guys do (in your real life experience, not hypotheticals please!)

Hi all, how do you set up your business bank accounts? I have it set up as follows - income goes into a main account and then breaks out by percentage to owner pay, operating expenses, taxes, buffer, and profit (quarterly bonus). I'm also unsure as to which accounting software to use, it gives me anxiety to think about how to best handle this! Any advice appreciated.

https://preview.redd.it/1jcpwuuvp25h1.png?width=886&format=png&auto=webp&s=afc42669034b7f8fa3a980422016f28120cd0504