Why M-PESA withdrawals should be recorded as transfers
A withdrawal from M-PESA into Cash does not mean the business has made new income. The money has simply moved from the M-PESA account to the Cash account.
If the withdrawal is recorded as a sale, income becomes too high. If it is not recorded at all, M-PESA and Cash balances may both look wrong.
Bizwazi uses transfers to record money moving between M-PESA, Cash and Bank without changing sales or expenses incorrectly.
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