Cash Control & Discrepancies
How to check if an expense was forgotten
Use balance differences to find possible missing expenses.
A forgotten expense can make actual Cash, M-PESA or Bank lower than Bizwazi expects.
Signs of a forgotten expense
- Cash is short.
- M-PESA is lower than expected.
- Bank is lower than expected.
- You have a receipt that is not in Bizwazi.
- Supplier or staff payment was made but not recorded.
Steps
- Review the day’s expenses.
- Check receipts and payment messages.
- Check supplier bill payments.
- Add the missing expense or bill payment.
- Review the dashboard again.
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Bizwazi helps small businesses record sales, expenses, invoices, inventory, bills, transfers and daily balances so the money makes more sense.