I deposit large sums all the time. The bank has to fill out a form on everything over 10k.. I just tell them that I sold a tractor, which is true... Next week i sell one for 8k, that goes in too. Some times its two tractors and lots of dough goes in. sometimes its a small piece of equipment for $300. You dont need to fear it if it is actual business and you have paper work. Anything you hear otherwise is not norm as there are thousands of business that make weekly deposits in the 10s of thousands of dollars. You must have records. If you dont have records, you can get in a tight spot really quick with money laundering laws. I have withdrawals for all the equipment I buy and deposits for all the equipment I sale. But I do a "bill or sale", and a record in my books for my accountant and taxes.
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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