Accounts
How account balances are calculated in Bizwazi
Learn the balance formula used on the Accounts page.
Bizwazi calculates each account balance from opening balance, money in, and money out.
What to check
- Start with the opening balance.
- Add money in.
- Subtract money out.
- The result is the running balance.
- Sales and transfer-ins increase a balance.
- Expenses and transfer-outs reduce a balance.
Useful tips
- The basic formula is: Balance = opening balance + money in - money out.
- Transfers affect account balances but should not affect profit.
- Daily real-money checks are done on Home → Daily reconciliation.
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Bizwazi helps small businesses record sales, expenses, invoices, inventory, bills, transfers and daily balances so the money makes more sense.