Record Keeping for SMEs
Record keeping is one of the most important habits in a small business. Without records, the owner is forced to guess.
Record sales daily
Sales should be recorded by amount, date, customer where needed and payment method.
Record expenses immediately
Expenses affect profit. If they are forgotten, the business may look more profitable than it really is.
Keep customer and supplier records
Customer balances, supplier bills and invoices should be easy to find.
Use records for decisions
Good records help owners decide what to buy, what to reduce and where money is leaking.
Bizwazi helps SMEs keep sales, expenses, invoices, stock and reports in one place.
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Track sales, M-PESA, expenses, stock and daily profit in one place
Bizwazi helps Kenyan businesses keep clearer records, compare Cash and M-PESA, control expenses, manage stock, follow up customers and understand daily profit without complicated accounting software.
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