Q: Will this keep personal and business expenses separate?
Can very small businesses use this software? Will it keep personal and business banking accounts separate with the ability to do separate analytics for personal and business? Even though this is listed under personal, most of the other software tools on appsumo for businesses offer a lot of features that are more than what we need. We are incorporated but are just starting out and don't require much other than making sure everything is accounted for and easily utilized for any reporting requirements. What's attractive about this tool is the ability to also track investment purchases.
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May 16, 2025A: At the moment, Know Your Dosh doesn’t support grouping personal and business accounts separately, but you absolutely can add both types of accounts to the platform.
We're working on a feature (coming soon) that will allow you to view and filter transactions per account, so you'll still be able to distinguish between personal and business finances clearly on an account-by-account basis.
For very small businesses, especially early-stage ones that don’t need heavy accounting tools, KYD is a great fit, it keeps things simple, helps track your financials, and even allows you to monitor investments alongside everything else in one place.
Appreciate the great question and we're excited to support your journey as your business grows!
Thank you. This was very helpful.