Starting a new business and professionalizing it is always a challenge in the business world . Among so many aspects to be considered in this process, there is one that cannot be left aside: finance.
Although many steps evolve in parallel, establishing a financial area, which separates personal obligations from those of the company , should be a priority.
An example of this is the creation and use of legal accounts to manage cash flow . Currently, according to a survey by Datafolha , the National Indicator of Micro and Small Industry Activity , around 28% of companies do not have a corporate bank account.
There are several options for legal accounts and understanding how they work, the advantages and solutions they offer to companies are essential steps towards the financial success of a business. Below, we will explain more about legal accounts.
Browse the content
What is the difference between a business account and an individual account?
A legal entity is created by opening a new zealand whatsapp number data and obtaining a CNPJ . Legal accounts, therefore, belong to a business entity , with tax and fiscal obligations, and which makes and receives payments.
On the other hand, every individual is a natural person . Therefore, personal accounts are personal accounts , created using an individual’s CPF and information. Their responsibilities and expenses are grouped together.
Since they represent different entities, it is important that the accounts are separate , since business obligations differ from the personal obligations of the partners or owners of a business.
How important is it to have a legal account?
From the moment a company is opened, there are ai in google search: google search generative experience (sge) legal, tax and financial obligations that must be fulfilled . Through business accounts , it is possible to manage business expenses more efficiently.
Furthermore, it is easier to keep a record of all financial transactions that have occurred linked to the CNPJ , ensuring that account management is also aligned.
With this in mind, we can list some important points for opening a PJ account :
- Use of a CNPJ credit card : to separate company-related purchases from personal purchases;
- Differentiated rates : some transactions, such as issuing payment slips, administrative fees, collections, etc., have more advantageous conditions;
- Cash flow predictability: with the information gathered in one place, it is possible to understand income and expenses , receipts, etc.;
- Offering different payment methods: legal accounts generally offer companies different ways for customers to receive payments and issue invoices;
- Anticipation of receivables : at Asaas, for example, with a legal account, it is possible to request an advance payment of installments, increasing working capital.
Is it mandatory to have a PJ account?
To date, there is no regulation or be numbers that requires the creation of a legal account through government agencies.
However, if the company records revenue, it is important that these amounts are linked to the PJ account . The exception is for individual microentrepreneurs (MEI), who can record revenue in their personal accounts.