Your shareholder account could be quietly costing you. 👀
Most founders I meet don’t know their shareholder current account balance.
Then year-end arrives, and the accountant asks:
“Why does the company owe you money?”
or worse,
“Why do you owe the company?”
Here’s the simple version 👇
Shareholder current account = the running tab between you and your company.
✅ Positive balance: the company owes YOU.
You paid a company bill from your own pocket or lent the business money. You can take it back as a repayment.
⚠️ Negative balance: YOU owe the company.
You took out more than you were entitled to. It’s treated like a loan, which can mean tax consequences, audit questions, and messy books when you want funding or a sale.
Quick example:
You put in 10,000 → company owes you 10,000 ✅
You withdraw 15,000 for personal use → you now owe 5,000 ⚠️
Most founders don’t have a money problem here. They have a record-keeping problem.
That’s where I come in.
At Counting Crux, we help startups and small businesses in the UAE and UK with:
📌 Monthly bookkeeping and clean reconciliations
📌 Shareholder/director account tracking
📌 VAT and Corporate Tax support
📌 Month-end and year-end reporting
📌 Work in QuickBooks, Zoho Books, Xero, and Excel
No jargon. No surprises at year-end. Just books you can trust. ✨
🎯 Want me to check your shareholder account for free?
Comment “CHECK” or DM me, and I’ll tell you where you stand.
♻️ Repost if you know a founder who mixes personal and business money.
Your shareholder account could be quietly costing you. 👀
Most founders I meet don’t know their shareholder current account balance.
Then year-end arrives, a...