{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Money for Coaches","title":"The Three Transaction Types that Confuse My Clients Most","html":"","width":"100%","height":180,"duration":601,"description":"Three kinds of transactions trip up almost every coach who looks at their own books: money the owner puts in, money the owner takes out, and money that just moves between accounts. None of them are revenue or expenses, so none of them touch your Profit & Loss — but they still show up in a review, and they still cause confusion. This episode clears up owner contributions, owner distributions (a.k.a. draws), and transfers, so the next time one lands in your books you know exactly what it is.In this episode0:00 — The monthly transaction review, and the three transactions that confuse clients most0:50 — The three types, and the one thing they share: none of them touch your Profit & Loss1:40 — Owner (capital) contributions — putting your own money into the practice3:10 — Owner distributions / draws — taking money out, and why it usually isn't \"payroll\" or \"salary\"5:50 — Transfers — money moving between your own accounts, and why we don't just delete them7:30 — \"Money in transit\" — transfer-clearing and the Stripe payout case9:00 — Quick recap: contributions, distributions, transfers9:35 — Want this handled for you? getplucky.ioWork with PluckyPlucky does the books for life coaches — including a two-minute monthly review, so you always know what every transaction is and where your money sits. Learn more at getplucky.io.","thumbnail_url":"https://img.transistorcdn.com/6DD5hZKc4Bf_KgBixCRJAMvDVzRc4nhhF67Ko61clPA/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8yNGNi/NjI4ZmQzYTRmMzE1/ZWI1OWE1YTM2MWI0/ZjA4MS5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}