Can my company deposit cash received from customers into their business account
My company receives cash from many of our customers for payment of an invoice.
Can we deposit this cash in our business checking account?
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With a lot of payments from clients you don't even need a business checking account but you can do it.
Instead of using the checking account you can use the money for that purpose.
The less you use it the less you will need it because you user real cash for running you business.
You will find help in bank of america small business cheking accounts
My company receives cash from many of our customers for payment of an invoice. Can we deposit this cash in our business checking account?
The purpose of a business checking account is to:
accept deposits of income (one of the sources being cash from customer sales) and,
make payments for expenses (inventory, salary, rent, etc, etc).
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