Sub accounts allow you to manage your business finances simply and efficiently.
Rather than keep track of all your business finances combined in the one account, you can simplify your administration with separate accounts for:
• supplier payments
• money set aside for regular payments such as leases, insurance and other financial commitments
• employee superannuation
• or any other purpose you need
It's simple to set up, you receive one statement itemising your transactions under each sub account. And as we said - there is no extra cost.
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