As a small business owner, I'm pretty new and pretty terrible!
First of all - my small business is "on the side". I shoot the odd portrait and wedding. Making somewhere between $2000-$4000 per year. I also run a blog where I receive some affiliate income.
I don't budget. So I spend more than I make - mostly on equipment, software, and training.
I'm also pretty terrible at managing my books. I've been making some headway with www.waveaccounting.com (free and similar setup as www.mint.com, but it's for business not personal tracking).
I'm loving YNAB (though still a green newbie) and have been trying to wrap my head around using it for business.
Seems to me that it's NOT a tool to be used for bookkeeping - but just for forecasting and budgeting. Is this correct?
And -- since I'm a sole proprietor, I know that my business debt is actually personal debt. So would I want to show my business visa on my personal YNAB account? And, for that matter, do I show my business checking account in my personal account as well???