How to close revenue, expense, capital and withdrawal accounts?
454786
The revenue, expense and drawing accounts should all be closed to the retained earnings or capital account at the end of the year.\n\nCapital accounts (which are used only for sole proprietors and partnerships) should not be closed unless the business is closed and liquidated.  Even then, it should be one of the last accounts to close.
898815
A friend of mine did this... but he used another firm to clear his securities.  You can do this with merely a Series 7 license and run your own business.
253625
check with either bank if you can perform a balance transfer from one account to the other. once that is done, you can close the account you 'no longer need' if you wish.
368448
Tell your bank to stop payment on the account...
476343
This I will not recommend or suggest anything, the best will be is for you to see your accountant/auditor.\n\nYou don't mess with the government and theres no telling what they will do and how much messy they can make this for you.\n\nTaxes is one thing that I will not fool around with. iRS people can be your nemesis.
349239
You got some pretty bad responses here, I'm afraid.\n\nDeal with the state first.  States will come out and shut down your business in relatively short order, while the IRS can take a long, long time to get around to you and doesn't have the same power to simply close your doors like the state does. Getting closed down would leave you without the income you will need to repay the taxes.  Some states will arrest people for state tax debts, too.  Handle the state first, and pay what you can to the IRS later.  You naturally will need to deal with the IRS later, but I think you'll find it easier to do with your business still operating.
473742
Follow the steps through the process. That will cancel your account.
331981
Inventory - well just ask the accountant for a list of all purchases during the last two years, if they ask if you need it tomorrow, tell him or her that if you needed it tomorrow you would of asked for it tomorrow.\n\nThen count all the computers, monitors, and servers, printers, office desks, chairs, give a brief description of each and give them to the accountant to determine a replacement cost, and  a current market value... and again if they ask if you need it tomorrow, tell him or her that if you needed it tomorrow you would of asked for it tomorrow.\n\nIf anything goes wrong - blame it on the accountant...\n\nif you want any more advice on how to climb the ladder your going to have to send me money.
436609
open, unused accounts may well be costing you banking fees...close all unused accounts by notifying the banks involved. Have checks mailed to you. You can close accounts by notifying each bank. DO NOT just let the money sit, as monthly charges can put an account in the red, and you will have to clear up each overdrawn account BEFORE you can open a new account anywhere...the banks all work together on this one.
1145158
1) Yes.\n2) You need to open a margin account. (Minimum $2,000.00)\n3) Yes.\n\nTop 3 Answerer in Business & Finance. (Vote for me)
804678
You have to pay off your total bill first,then call the company and close the account. \n  It is very difficult to close an account,they will try everything in their power to keep you as a customer. I had one company offer me an interest rate less than half of what they were charging me before,so i kept them and am working on my other bills to pay them off.\n  If you just send them the amount of your total balance ,your account will remain open,unless you call them and close the account.
950885
I'm sorry but I think the best way to know for sure your closings are processed properly, it would be best to take the painstaking time to call each of the cards numbers and void those accounts.  Either that or call Experian to see what they can do to help.
269442
make daily deposits or @ each collection time just as if you were a big buss, keep your hand out of the cookie jar, even start 2 separate accounts one for petty cash and another for long term wealth, if you get rid of it asap you dont lose it or no one can take it.
477281
You need to see an IFA (Independent Financial Adviser.)\n\nThere are ways in which to reduce/ mitigate your liability, but rules around these have changed in the recent budget. If you are looking to sell these properties, you will be left with more liquid assets, and therefore more choice. Certain trusts may be useful, nil rate band planning (if you are married), gifting monies. . . the list is endless.\n\nAn IFA will not normally charge for initial consultation, but will advise you thereafter of your options if they give you advice. (Commission and/ or fees)
253072
To sell off or dispose of an investment = divest\n\nTo withdraw you capital from a company = disinvest\n\n\nI have actually never heard someone use disinvest, had to look that one up to see if it existed.
914666
Go to\nControl Panel\nUser accounts\nE
1084530
Look into DRIP accounts.  Direct ReInvestment Program.  There are many companies that will allow this.