Feature, Business & Personal
Real life doesn't stay on one side of the ledger.
A business charge lands on your personal card. A personal expense runs through the business account. It happens when you are running a business and a life at the same time. Money Mastery lets you put each transaction where it belongs, while keeping both sides of your finances clear and accurate.
- Move a transaction, and your reports follow the change
- Owner draws are tracked correctly on both sides
- Keep a record of what moved and why
Included in every paid membership
Business and personal separation is part of the full Money Mastery System. It is included with Rise at $49.99 a month and every paid membership above it. As you move into Rise Together and Rise Beyond, you keep the full system and add more support and access to Donna.
In this walkthrough you are seeing the categorization screen, where business and personal reclassification happens: finding a transaction that belongs on the other side of the ledger, tagging it to the side it belongs on, adding a memo so the reason stays with it, and letting the move carry it to the right book. The reports on both the business side and the personal side follow the change.
Reclassify once, and both sides stay clean.
- Identify the transaction on the wrong sideA personal charge shows up in the business account upload, or a business expense runs through your personal credit card. Find it in the categorize view, which is where the correction starts.
- Assign it to the correct contextChange the label from business to personal, or personal to business, and add a memo explaining the reclassification so you and your accountant can see the reason later.
- Give owner draws and contributions their own labelMoney moving between you and your business, such as an owner draw or an owner contribution, has its own special label, so it is recorded as money moving rather than counted as business income or a business expense.
- Both reports update correctlyThe business dashboard and the personal dashboard both reflect the corrected picture, and because the move is recorded on both sides, the transaction is counted once, in the place it belongs.
Built for how owner-operated finances work.
Money Mastery is designed for businesses run by their owners, where one card sometimes does both jobs, and it gives you a clear way to put each transaction on the side it belongs on while keeping the numbers on both sides accurate.
Move a transaction, and the reports follow
Reclassify a transaction and the reports on both the business side and the personal side follow it, so your totals stay right without any extra arithmetic from you.
Split a purchase that was both
When one purchase was partly business and partly personal, split it between the two sides. The portions have to add up to the original total before the split will save, so both books stay accurate.
A record on both sides, with your memo
A move is written on the book it left and the book it arrived at, so both sides keep a clear record of the transaction and you can always see why a figure changed. Add a memo on the row and the reason is there for you and your accountant.
The real-world scenarios it is built for.
Business charge on personal card
This is one of the most common situations when you run a business alongside your life. Tag it as a business expense and it moves to the business side, with a memo if you want to note the reason, so your personal spending shows only what was personal.
Personal expense through business account
When a personal purchase runs through the business checking account, tag it as personal and it moves to the personal side, keeping your business expense totals accurate and your personal picture complete.
Owner draw, tracked correctly
When you pay yourself from the business, it shows up as a business outflow and a personal inflow. Money Mastery has a dedicated owner draw label, so paying yourself is recorded as money moving to you and kept out of your business expenses.
Here is what you may want to know
What is the most common reason to move a transaction?
Business charges on a personal credit card, and personal expenses run through a business checking account. Both are an ordinary part of running a business alongside your life, and the system is built to handle them.
Does moving a transaction change my reports?
Yes. Once you save the reclassification, the transaction is recorded on the side it belongs on, and both the business-side and personal-side dashboards reflect the corrected allocation.
What is an owner draw and how does the system handle it?
An owner draw is money you take from the business for personal use. It shows up as a business outflow and a personal inflow. Money Mastery has a specific label for owner draws so they are categorized correctly on both sides of the ledger without being treated as a business expense, which would incorrectly reduce your reported profit.
What if I accidentally move a transaction to the wrong side?
Move it back. The categorize view lets you change any label at any time, and the correction flows through to both dashboards automatically.
Can my accountant see what I moved?
Yes, if you choose to share it. A move is written on the book it left and the book it arrived at, and the memo you add stays on the row, so the reason stays with the record. Report sharing and workbook access are separate, so you decide whether your accountant receives a specific report or broader access to the workbook.
Business and personal separation is included in every paid Money Mastery membership.
Rise, at $49.99 a month, includes the whole system: account upload, categorization, the dashboard, split transactions, business and personal separation, sharing with your accountant, and unlimited Clarity AI questions. The memberships above Rise add more of Donna’s time rather than more of the system, and if you would like to begin without paying anything, La Soglia is free.
See the memberships → Start free with La Soglia