holding account

Asked by Renate Simone

I have a bank account I use as a holding account for bills coming up. Every pay I transfer in money for property tax, income tax, and HST/GST that are paid annually, semi annually or quarterly. I have been using internal transfers to do this. Is there I way I can track these amounts separately so I know how much of the money in this account has been saved for each purpose? Or do I have to open a separate bank account for each?

Question information

Language:
English Edit question
Status:
Expired
For:
HomeBank Edit question
Assignee:
No assignee Edit question
Last query:
Last reply:
Revision history for this message
Launchpad Janitor (janitor) said :
#1

This question was expired because it remained in the 'Open' state without activity for the last 15 days.