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Features/Owner's money

Your money and your business money, kept apart.

When you put savings in or take cash out, Faas records it separately. It never gets mistaken for a sale or a cost, so your profit stays honest.

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Part of the Money tab in Easy Mode.

A restaurant owner at the till after closing time
Profit this month
RM 23,539.50
Recent invoice
RM 2,260.00
Paid
RM 1,500.00 recorded as money you took out

Putting in your own money is not a sale. Taking it out is not a cost.

Most small business owners dip into their own pocket when cash is tight, and pay themselves when it is not. If those movements are mixed in with sales and costs, profit looks wrong. Faas gives them their own place.

What changes when owner money has its own place

Without Faas

  • Your RM 5,000.00 savings top-up recorded as a sale, so profit looks great
  • RM 1,500.00 you took home recorded as a business cost, so profit looks poor
  • Bank balance moves and nobody can explain why
  • An accountant has to sort it all out at year end

With Faas

  • Money you put in is recorded as money you put in
  • Money you took out is recorded as money you took out
  • Profit is only about sales and costs
  • Your accountant sees clean, labelled entries
How it works

Two taps, and your profit stays honest.

1

Open the Money tab

Find "Owner money" under your bank balances.

2

Choose put in or took out

Did you add your own money to the business, or take some out for yourself?

3

Enter amount, date and note

For example RM 5,000.00 on 1 Oct, from personal savings.

4

Faas keeps profit clean

The bank balance changes. Your profit does not. The entry sits in the owner section of the books.

In the Money tab

Two simple records.

Money you put in and money you took out each get their own entry. They appear next to your bank, and in Full Mode they sit in the equity section of the balance sheet, where an accountant expects them.

  • Put in: your savings or a loan from yourself
  • Took out: personal use, a salary-like top-up or a withdrawal
  • Never counted as sales or costs
Owner's money
You put in1 Oct, from personal savings
RM 5,000.00
You took out15 Oct, for personal use
RM 1,500.00

Recorded separately, so it never changes your profit.

Why it matters

Your profit stays about the business.

Say you sold RM 42,180.00 and spent RM 18,640.50. Profit is RM 23,539.50. If you also put in RM 5,000.00 of your own money and took out RM 1,500.00, profit is still RM 23,539.50. The bank moves by the difference. The profit does not.

  • Profit only counts sales and costs
  • Bank balance includes everything
  • The gap between them is explained, not mysterious
A home-based business owner doing the books at a kitchen table
Accounting in plain words

Owner's money words, explained simply.

Two words your accountant will use. Now you can use them too.

The term

Capital

Money the owner puts into the business.

Plain wordsYour own money, put in to help the business run.
You put RM 5,000.00 from your savings into the business bank account. That is capital.
The term

Drawings

Money the owner takes out of the business for personal use.

Plain wordsCash you take out for yourself. It is not a business cost.
You transfer RM 1,500.00 to your personal account for family expenses. That is drawings.
The term

Equity

What the owner has in the business.

Plain wordsCapital put in, plus profit kept, minus drawings taken out.
Put in RM 5,000.00, kept profit of RM 2,000.00 and took out RM 1,500.00. Equity is RM 5,500.00.

Questions about owner's money

Does this change my profit?
No. Money you put in or take out is recorded separately. Profit only counts sales and costs.
Is this a loan?
Capital put in is recorded as money the owner put in. If you want it treated as a loan to or from the business, ask your accountant how to record it for your business type.
Can I record a salary for myself?
How owners and directors are paid depends on how your business is set up. Ask your accountant. Faas does not run payroll.
Where does it show in Full Mode?
In the equity section of the balance sheet, with every entry traced back to the date and note you entered.
What if I paid a business bill from my own pocket?
Record the cost as normal with your receipt, and record that you paid it. Your accountant can show it as money the business owes you, or as capital put in.

What to explore next

Reports

See profit stay clean on the Home tab.

Explore

Bank reconciliation

How personal transfers get matched.

Explore

Easy Mode explained

The five tabs, including Money.

Explore

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See what it feels like when the books look after themselves.

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