Subaccounts offer many advantages for your business, no matter what stage you are currently in with your business.
If your business is just starting out, subaccounts are a simple and straightforward way to segregate funds for different projects. This gives you a better overview of where you currently stand with your business.
For growing businesses, subaccounts offer the ability to set aside or ensure reserves for future tax liabilities so you can scale the right areas of your business by opening a subaccount for each product or service your business offers.
For established businesses, subaccounts provide a clear view of the profitability of your divisions, the different markets your business operates in, or the future investments you want to make.