Know your numbers
Profit
You sold ₦2.4 million last month and everybody says you're doing well. But your account doesn't feel like it. That's because sales are not profit: you still paid for the fabric, the rent, your staff and delivery. Presency's Profit & Loss report shows what you actually kept.
More in know your numbers
Reports
1:42
End of the month. Your partner asks how October went. Your bank wants your monthly numbers for that loan. And your answer is spread across bank alerts, a notebook and three WhatsApp chats.
Expenses
1:45
₦212,000 came into your account this month. Customers paid, the alerts were sweet. But when you check now, the money isn't there. Diesel, shop rent, transport to Balogun, data: small small, it all goes, and nobody wrote it down.
Payment Issues
1:50
Two credit alerts land: ₦15,000, then another ₦15,000. No name you know, no order, no "I've paid" DM. Was it a customer? Your sister paying you back? Until you know, your stock doesn't go down and the sale isn't in your reports.