7. Owners & investors

The terminal step. You’ll see two cards:

1. Equity Owners — legal shareholders with ownership percentages.
2. Investment Participation Agreements — per-investor capital tranches with profit-split terms.

Together they describe who owns the business and how profits flow.

Card 1 — Equity Owners

Add one row per legal owner. Each row needs:

• Name (auto-creates a counterparty if it doesn’t exist).
• Equity % > 0.
• Profit-share % — defaults to equity %. Toggle “Advanced: profit-share differs from equity” to set them independently.

Equity percentages must sum to exactly 100 (within 0.01 tolerance). The footer shows a live Σ = X.XX% badge — emerald when balanced, rose otherwise.

Card 2 — Investment Participation Agreements

Add one row per agreement (investors can have multiple agreements):

• Investor name — pick existing or add new via the ”+ Add new investor” sticky option.
• Agreement type — Equity investment or Mudaraba (Islamic-finance profit-sharing).
• Capital amount + currency.
• Investor profit % + Owners profit % (must sum to 100).
• Unpaid profit at cutover (optional) — declared but unpaid profit you owe the investor as of conversion date.

Equity investment vs Mudaraba

Equity investment — investor is a true equity holder. Capital lives in 3000 Owner’s Capital. Investor must also appear in Card 1 (hard-linked).

Mudaraba — investor’s capital is redeemable (IFRS treats it as a liability, not equity). Capital lives in 2700 Investor Capital Payable. Future profit distributions accrue through 2750 Investor Profit Payable.

What happens when you click “Finalize migration”

A four-step GL flow runs in order:

1. Mudaraba reclass — for each Mudaraba agreement:

   Dr 3001 OBE                                 <capital in home>
      Cr 2700 Investor Capital Payable         <capital in home>

2. Unpaid profit accrual — for each agreement with unpaidProfitAtCutover > 0:

   Dr 3001 OBE                                 <unpaid profit in home>
      Cr 2750 Investor Profit Payable          <unpaid profit in home>

3. Validate remaining OBE ≥ 0. If Mudaraba + unpaid profit exceeds OBE, the wizard rejects with MUDARABA_EXCEEDS_OBE. Reduce Mudaraba capital or post more opening balances.

4. Equity allocation — per equity owner, by percentage:

   Dr 3001 OBE                                 <owner's share of remaining OBE>
      Cr 3000 Owner's Capital                  <owner's share>

   Last owner row absorbs any rounding residual.

After Finalize, 3001 OBE should be zero. You’re live.

Going live

Open /chart-of-accounts and confirm:

• 3001 OBE = 0
• 3000 Owner’s Capital totals the equity portion
• 2700 Investor Capital Payable totals Mudaraba capital
• 2750 Investor Profit Payable totals unpaid profit

You can now start adding cars, issuing invoices, and recording payments on top of the migrated foundation. The Audit & troubleshooting page covers post-cutover edits if you need to fix something.

Related

• Opening balance equity
• Owners & distributions — runtime equity changes + distributions
• Step 6: Verify OBE