Charlie and I went down to our credit union today and opened a business account for the Compass Rose Traveling Theater and set up a credit card which we'll use for all purchases and expenses for two reasons: the free checking account allows a limited number of free transactions per month. Instead of counting as multiple transactions, we will get a single bill from the credit card and pay it off all at once: one transaction! The single bill is the other thing: we will have every pay-out itemized... Sign in to see full entry.