How to handle accounting for limited company finances
If you've just made the leap to incorporating, you're probably starting to realize that accounting for limited company structures entails a little more heavy raising than running things like a sole trader. It's one of those things that feels slightly mind-boggling in the beginning, mainly due to the fact you aren't just looking after your own money anymore—technically, you're looking after the company's money. Even if you possess 100% of the shares, the law sees you and the company as two totally different people. ...