SaaS
SAFE Note Received (Simple Agreement for Future Equity)
Recording cash received from an investor via a SAFE instrument.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Cash in Bank | Asset (+) | 150,000.00 | - |
| SAFE Liability / APIC (Mezzanine) | Equity / Liability (+) | - | 150,000.00 |
💡 Accountant's Note
SAFEs are classified differently depending on their terms. Post-money SAFEs with a fixed cap are often treated as equity instruments (mezzanine section). Pre-money SAFEs may be liabilities. The classification requires legal and accounting judgment.
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