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Business Account
A working ledger for invoicing, payroll and day-to-day float.
Overview
How this ledger works
The Business Account is modelled for registered businesses that need to separate operating funds from personal accounts, run payroll, and issue or receive invoices, with tiered features depending on illustrative monthly turnover.
Key features
- Multi-user access with role-based permissions (modelled)
- Bulk payroll upload (demo)
- Invoice reference numbers generated per transaction
- Tiered fees based on illustrative monthly turnover
Who it's for
- Registered sole proprietorships and companies
- Businesses running monthly payroll
- Vendors invoicing multiple clients
Rates & charges (illustrative)
| Detail | Value |
|---|---|
| Minimum opening deposit | $100.00 |
| Illustrative interest rate | 1.80% p.a. |
| Standard tier monthly fee | $8.00 |
| Growth tier monthly fee (higher turnover) | $18.00 |
| Payroll batch fee (demo) | $0.10 / payee |
Frequently asked
Yes, this model supports role-based access such as viewer, approver and admin.
A bulk payroll upload flow is modelled as a demo feature within the standard and growth tiers.
In this model, tier is based on an illustrative monthly turnover figure supplied at opening.
Express Interest
Open this account
confirmation
Your interest in a Business Account has been logged in . Reference no. EDU-000000. No real action has been taken.