As the business and the owner are separate legal entities it is important to keep record of when the owners uses their personal money for the business, and when the owner uses the business money for their personal expenses. SMEasy uses the term Owner's Money but this may also be referred to as an Owner's Loan Account. Each owner should have an Owner's Money account in their name.




1. To Add an Owner's Money Account

  • Click on the Finance dashboard and then on the Owner's Money Loan Account button.
  • Click on the green button with the white cross in the middle of the screen.



  • Fill in the Loan Account name and click the Save button.


2. To Edit an Owner's Money account Name.


    It is only possible to edit a name if no entries have been recorded on this account.

  • Click on the Finance dashboard and then on the Owner's Money Loan Account button.
  • Select the owner's money account from the drop down menu.
  • Click on the pencil icon to the right of the drop down menu and edit the details.
  • Click the OK button.


3. To Record Transactions made with Owner's Money

  • Click on the Finance dashboard and then on the Owner's Money Loan Account button.
  • Select the owner's money account from the drop down menu.
  • Click on Add New on the top right of your screen.
  • Enter the details and click on the OK button


          This entry will reflect as the Business owing the Owner.


4. To Delete an Owner's Money transaction

  • Click on the Finance dashboard and then on Owner's Money Loan Account button.
  • Select the correct owner's money account and month from the drop down menu.
  • Click on the white cross in the red box on the far right of the display column. A popup will appear asking for confirmation. Click Yes if you wish to continue and No if you wish to cancel.


5. To Print an Owner's Money Report

  • Click on the Finance dashboard and then on the Owner's Money Loan Account button.
  • Select the owner's money account and month from the drop down menu.
  • Click on the PDF icon on the top right right of the screen.
  • A popup will appear and to continue click on the print icon on the toolbar.