If you run a business or freelance, a bank connection can bring in your business chequing or business card alongside your personal accounts. Marking them as business keeps that money out of your personal net worth, spending, budget and recurring charges.
Keeping business money apart is included with Thrive and Thrive Duo.
Mark an account as business
Open Accounts
Go to Accounts and find the account.
Open the account's menu
Tap the three-dot menu on the account's row.
Choose Mark as business
A message confirms it's now business money. To undo it, open the same menu and choose Mark as personal.
To sort every account from one bank at once, open the menu on the bank's card and choose Personal or business…. Pick Personal or Business for each account, then choose Save.
Adding an account another way? When you add an account by hand, upload a statement for a new account, add an investment account or add an asset or debt, tick Business account to keep it apart from the start.
Accounts we think are business
When a bank brings in an account that looks like a business account, from the bank's own details or a name like Business Chequing, we treat it as business and add a note to the bank's card, such as 1 account looks like a business account. Choose Review to confirm or change it.
Switch between personal and business
Once something is marked as business, a small tag appears beside the title of Overview, Transactions, Reports, Recurring, Budgets, Net worth and Investing. It shows which money you're looking at. Tap it to choose another view.
Choice | What you see |
|---|---|
Personal money | Your own accounts only. This is the default. |
Business money | Only accounts marked as business. |
Everything | Personal and business together, with business rows marked. |
The choice changes every page at once, and each device remembers its own choice.
What stays the same
- The Accounts page always lists every account, since that's where you mark them.
- Budgets are always planned on personal money. In the business view, Budgets says so instead of showing your plan.
- Card rewards count every card, business cards included.
- Finn reads all your accounts, personal and business, whichever view you pick.
- Your choice stays put when the bank syncs or you reconnect.
To file business costs on tax lines, track GST/HST and download a tax pack, see how business books work.