Cash Control & Discrepancies

How Bizwazi helps you spot missing cash

Learn how Bizwazi compares expected cash with actual counted cash to help identify missing money.

Bizwazi can help you spot missing cash by comparing what should be in the business with what you actually count.

Example cash calculation

  • Opening Cash: KSh 5,000.
  • Cash sales: KSh 8,000.
  • Cash expenses: KSh 1,500.
  • Cash transferred to Bank: KSh 3,000.
  • Expected Cash: KSh 8,500.
  • If actual counted Cash is KSh 7,800, the Cash difference is KSh 700 short.

What the difference may mean

  • A cash sale was missed.
  • A cash expense was not entered.
  • Cash was removed but not recorded.
  • A transfer was forgotten.
  • Cash was counted incorrectly.
  • A sale was recorded under the wrong account.

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Bizwazi helps small businesses record sales, expenses, invoices, inventory, bills, transfers and daily balances so the money makes more sense.