How do i set up a checking account for a nonprofit organization?

Answer IRS LetterTo set up a checking account for a nonprofit organization, the director must meet with the bank to fill out the appropriate paperwork. Take a copy of the charity's IRS 501(c)(3) determina... Read More »

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How many yearly transfers can I have from my PayPal account to my checking account?

Once the identity of the user is verified, there are no limits to the number of transfers that can be requested in one year. PayPal has a limit on the amount of money that can be withdrawn in a one... Read More »

Is a Money Market Checking Account Also a Savings Account?

Money market deposit accounts (MMDAs) are bank savings accounts that have some of the withdrawal capabilities of checking accounts. Some people think money market accounts are checking accounts bec... Read More »

Can PayPal Take Money From Your Checking Account After You Close the PayPal Account?

Numerous online functions require you to agree with term and conditions. Many times a box opens with the item you are agreeing to and sometimes a link is offered for you to review. When opening a P... Read More »

How do I set up a new checking account in Quickbooks?

Click the "Home" button at the top of the program window to launch the "Home" screen if necessary. Click the "Chart of Accounts" button located on the upper-right side of the Home screen, or from t... Read More »