Data Accuracy & Corrections
How to check records before closing the day
Review the day’s records before finalising balances.
Checking records before closing the day helps prevent small mistakes becoming bigger problems.
Steps
- Review all sales for the day.
- Review all expenses for the day.
- Review transfers.
- Review invoice payments.
- Review bill payments.
- Check unusual amounts.
- Check Cash, M-PESA and Bank accounts.
- Enter closing balances.
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Bizwazi helps small businesses record sales, expenses, invoices, inventory, bills, transfers and daily balances so the money makes more sense.