Sales, categories and inventory
How categories improve your reports
Use categories to understand where your money comes from.
Categories make your reports more useful.
Without categories, you may only know your total sales. With categories, you can see what type of sales created that total.
Example
A shop makes KSh 12,000 in one day.
With categories, the owner may see:
- Groceries: KSh 6,500
- Drinks: KSh 2,000
- Household items: KSh 2,800
- Other sales: KSh 700
This is more useful than only seeing KSh 12,000.
How this helps decisions
Categories can help you decide:
- What products or services are performing well
- Which areas need more stock
- Which services are worth promoting
- Which sales types are weak
- What to discuss with an accountant or business partner
Main benefit
Better categories create better business reports.
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Bizwazi helps small businesses record sales, expenses, invoices, inventory, bills, transfers and daily balances so the money makes more sense.