Know your numbers
Reports
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.
More in know your numbers
Profit
1:42
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.
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.
