Profile & Business Settings
How opening balances connect to profile settings
Understand why opening balances matter after setting your business day rule.
Opening balances tell Bizwazi what your Cash, M-PESA, and Bank balances were before tracking begins.
Steps
- After setting your business day cut-off time, enter opening balances for Cash, M-PESA, and Bank.
- Opening balances give Bizwazi a starting point for checking whether your expected balances match your real money.
- If opening balances are missing, Bizwazi may not be able to explain discrepancies clearly.
- The Profile page links to opening balances because your business day rule and opening balances work together.
- Once these settings are correct, Bizwazi can compare sales, expenses, transfers, and closing balances more usefully.
Useful tips
- Enter opening balances before using Bizwazi seriously.
- Use the real amount in the till, M-PESA, and bank/card account at the start point.
- If you are unsure, choose a clean starting day and record balances carefully.
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Bizwazi helps small businesses record sales, expenses, invoices, inventory, bills, transfers and daily balances so the money makes more sense.