Company Entities

What is a company entity?

A company entity represents a business — whether it's a sole trader, partnership, or Pty Ltd company. Use company entities to track business income, expenses, assets, and liabilities separately from personal finances.

Setting up a company entity

1. Go to Settings > Entities and click Add Entity
2. Select Company as the entity type
3. Enter the company name and ABN (optional)
4. Click Create

What you can track

• Business assets — equipment, vehicles, business bank accounts, accounts receivable
• Business liabilities — business loans, credit lines, accounts payable
• Transactions — import business bank statements and categorise expenses
• Tax — company tax rate calculations and BAS-related tracking

ABN lookup

When you enter an ABN, Finance Frank will look up the business details from the Australian Business Register and auto-fill the company name and status.

Separating business and personal

We recommend creating separate entities for business and personal finances. This makes tax reporting simpler and gives you clearer visibility into each financial picture.