How to Track M-PESA Sales in a Small Business
M-PESA is one of the most important payment methods for Kenyan businesses, but many shop owners still struggle to know whether the money received matches the actual sales made during the day.
Record every M-PESA payment
Each M-PESA payment should be recorded with the amount, date, customer or reference, and what the payment was for. This helps you compare your phone messages, till records and business reports.
Separate M-PESA from cash
Do not mix cash and M-PESA in your records. Track them separately, then compare both at the end of the day.
Compare sales with expenses
Knowing your M-PESA income is not enough. You also need to subtract expenses, stock purchases, supplier bills and withdrawals to understand your true daily profit.
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