Cash Control & Discrepancies

How daily opening and closing balances help protect your money

Updated 7 May 2026 · Featured guide
Use opening and closing balances to spot differences before they grow.

Opening and closing balances create a daily money trail for Cash, M-PESA and Bank.

Opening balance

  • The amount available at the start of the business day.
  • It gives Bizwazi a starting point.

Closing balance

  • The amount counted or checked at the end of the day.
  • It lets Bizwazi compare expected money with real money.

Why this protects money

  • Differences are spotted sooner.
  • Missing records are easier to find.
  • Repeated shortages become visible.
  • Staff handling mistakes are easier to notice.

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