Accounts
How Accounts helps with cash, M-PESA and bank control
Understand how the Accounts page helps separate business money clearly.
The Accounts page helps small businesses avoid mixing up Cash, M-PESA, and Bank records.
What to check
- Cash sales should increase the Cash account.
- M-PESA sales should increase the M-PESA account.
- Bank or card sales should increase the Bank account.
- Cash expenses should reduce Cash.
- M-PESA expenses should reduce M-PESA.
- Bank expenses should reduce Bank.
- Transfers should move money from one account to another without changing profit.
Useful tips
- Separating accounts makes missing money easier to find.
- M-PESA and cash should not be treated as the same pot of money.
- If you mix personal and business money, account balances become harder to understand.
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Bizwazi helps small businesses record sales, expenses, invoices, inventory, bills, transfers and daily balances so the money makes more sense.