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Company or personal account
I now have a personal ebay account. I want to sell a medical device worth $20K through my company. I started to go through the the verify to set up that I can sell. When I got to the bank account part they wanted a back account in my personal name. I assume I need to set up a separate Company acct in ebay to get the funds sent to my company checking account. Do I need to set up a company account and how do I do that?
1 comment
rfmtm
Mentor1 year agoBest to keep your personal sales and company sales separate for accounting and tax reporting. Open a second ebay account with a unique email address. Depending on what type of entity your company is (sole proprietor, LLC, C) will determined the setup procedures. Would need that info to help you further.