Starting a business is exciting—but keeping track of your money is just as important as making it. With ZenBusiness Money Pro, you can stay on top of your income, expenses, and invoices from day one, making tax time stress-free.
Financial tracking matters more than most new business owners realize. First, it’s required—if your business makes money, you need to file taxes, and without clear records, that process can quickly become overwhelming. Included with Money Pro is free business and personal tax filing through Column Tax. We'll use your Money Pro records to jumpstart the filing process with them in order to help you have a smooth and stress free tax season.
If you’re self-employed or running an LLC, you may also have to file quarterly taxes, and missing deadlines can lead to expensive penalties. Keeping detailed records with Money Pro from the start enables you to identify what you owe each quarter to ensure you’re paying the right amount without scrambling at the last minute.
Tracking your expenses also means you can take advantage of tax deductions. Every business-related purchase—from software subscriptions to office supplies—can lower your taxable income, but if you’re not keeping up with your expenses, you’ll likely miss out on savings. On top of that, separating your personal and business finances from day one prevents headaches later, especially if you ever get audited.
Beyond tax benefits, having a clear picture of your business finances helps you make smarter decisions. If you don’t know how much money is coming in or going out, it’s hard to budget, plan for growth, or even determine if your business is profitable.
Separating personal & business finances is important to help you generate a clear look into your business finances. Mixing the two can cause headaches, especially if you get audited. The best way to do this is to get a dedicated small business banking account. And if you ever get mixed up and spend from the wrong account, you can track that in Money Pro.
Instead of manually tracking everything, Money Pro automatically organizes your income and expenses when you link your bank account. It generates real-time financial reports, so you always know where your money stands, and makes tax filing simple by keeping everything categorized throughout the year. You can also create and send invoices, accept payments, and track who still owes you—all in one place.
To get the most from Money Pro, take a few minutes to set up your account.
1) Link your business bank accounts and/or credit cards that you use to manage your business
2) Set up invoicing, so you can bill customers and accept payment.