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Transferring from Operating Acct. to Tax Acct.

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Question: 
We have a customer that transfers money from his operating account to his tax account each month. His accountant has asked him to do this in check form for tracking. When he writes the check he puts his account number as the "Pay to the Order of" line. Is this acceptable?
Answer: 

Only if you accept it. Is it proper - no.

First published on 01/20/2019

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