Want to Organize Business Finance Easier?

Struggling every month to monitor your personal account because it is used for business purposes? Not to mention organizing all employee reimbursements for business expenses. Then maybe it’s time for you to consider using a business account for your business!

Yes, having separate bank accounts is a simple yet effective way to manage your finances. By having two separate bank accounts, one for personal use and one for business, the accounts will no longer get mixed up.

But unfortunately, this still doesn’t seem to be realized by many business owners, especially SME (Small and Medium Enterprises) owners. This is because many of them still combine business finances with personal savings in the same account. The most commonly cited reason is to avoid the hassle or laziness of opening an account. In fact, mixing personal finances with business will actually be more troublesome in the future, especially when the business grows bigger.

In addition, business accounts also usually offer features and flexibility that can support the smooth running of the business, so having one can help business people in managing finances to be more measurable. This is also supported by the provision of interest rates from business accounts which are usually more competitive than other types of savings. Not to mention other advantages such as more complete transaction details in the passbook, automatic transaction facilities, and cash flow info at the end of each month based on requests from customers.

Well, through these features, KH pals can easily monitor the movement of money, both incoming and outgoing money so that making business financial reports becomes neater and more organized and future expenses and income can be estimated. KH buddies can also look around to see how much profit has increased or how much the business has lost.

That way, Sobat KH can focus more on determining which elements need improvement and which need to be improved, and strive for vigorous promotion for promising profits. So, how do you create a business account that can help you manage your business finances easily?

Requirements for Establishing a Business Account

If you want to set up a business account, you first need to complete the required documents. The required documents in question are:

Business owner ID card
TIN of business owner and business entity
Company NIB
Certificate of incorporation of the company
Certificate of incorporation
Account opening form
Power of attorney for account management appointment
Deed of establishment
Articles of association and latest amendment (not applicable for Individual PTs)
Other documents in accordance with bank regulations

So, why don’t you check if you already have all the required documents above as a business owner? Or do you already have one but it’s not complete?

Let’s complete the legal documents first before creating a business account by visiting the https://kontrakhukum.com/keuangan-dan-pajak/ page. Through the services of Kontrak Hukum, all business matters and needs ranging from deeds of establishment, NPWP, even accounting and tax services can be done easily. Legal Contract Services is like having a complete team with more affordable prices and more efficient work.

Well, after the required documents are fulfilled, then KH Friend can continue the process of creating a business account.Moreover, along with the times, business account creation services can also be done easily thanks to financial technology applications such as ASPIRE.

ASPIRE is a Singapore-based financial operations app that currently operates in countries such as Thailand, Vietnam, and Indonesia. One of ASPIRE’s products is the All-in-One Digital Business Account.

Creating and using a business account through ASPIRE is hassle-free. Want to do international transactions? No worries, with ASPIRE, you can send and receive funds from international clients in 30+ foreign currencies anywhere and anytime!

Not only that, you can also create budgets for each team member, and can cancel, freeze, or update the spending limits on each budget, at any time. No more waiting for tokens, you can also make transactions immediately after your account is active.

Some of the other benefits you can enjoy by using an ASPIRE business account are:

Save time. Open an account in 10 minutes. 100% online.

Get an Indonesian business account number in 1 to 3 working days

No more mixing personal expenses VS company expenses

Make unlimited payments, corporate cards, expense management in one account.

Save money with the lowest exchange rate fee

Up to 7x cheaper than banks.

Access to IDR 1.5 Billion special benefits

Stripe, Notion, Google Workspace, Dropbox, Xero and more

Open a business account now and get your account in 5 days! Creating an account at ASPIRE also has many promotions! Curious what they are?

12 months free Subscription Fee (dated from the date of establishment of your business entity),
Free 100x local transactions and 10x international transactions,
Get IDR 200K if your account is already active by making IDR 50K min payment transaction.

ASPIRE is part of the Contract Law business services product bundling. If you want to know more about this ASPIRE product, KH Friend can directly visit the following page at https://aspire.link/kontrakhukum.