Setup of new Accounts

Hay all, I am doing two projects with a builder (with hopefully more to come... perhaps) and we need to set up a system that can account for each project separately. Of course the builder is a builder and is not the greatest for keeping receipts, doing (any) paperwork, etc.

Perhaps have a master account (pay wages, insurance) with two separate (sub) accounts to pay for each project, perhaps with visa/mastercard debit card access?

Any thoughts???
 
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