This means moving out of the shoebox full of receipts and our personal checking account, and into a small business checking account that offers a debit card for business expenses. We settled on an account with Bank of America, where we do our personal banking. Having the debit card has enabled me to more closely track my business related expenses, but I'm still far from having a real "financial plan" for my work @ home.
While poking around, I discoverd this "Customized Small Business Recommendations" tool that you may find helpful. The survey offers you the chance to look at your needs and determine what type of an account might best suit your situation.
For those of you who've faced this process, what type of banking arrangements are you using to support your work @ home?