General Business vs Tailored Spaces in Gazeloft: How to Choose

Gazeloft 5 min read

The pain: the wrong tool worn like the wrong shoe

A tracker only helps if it thinks the way your business works. A POS agent lives by the drawer: cash at hand, transfer charges, provider fees, today's float. A gas retailer lives by the refill: what this batch cost, what it sold for, whether the tank shorted. And a man who bought an ₦8,000,000 car and built a rental house lives by one question that neither drawer nor tank can answer: has my money come back yet?

Pick a space type built for someone else's rhythm and you will fight the tool daily, or worse, trust numbers that were framed for a different question. Gazeloft solves this with specialised space types for specific trades and the General Business space for everything shaped like capital in, earnings over time.

What the options are

Gazeloft offers tailored spaces for specific businesses, each with its own logic:

  • POS space: built around the drawer. Running cash at hand, provider fee handling, terminal charge types, the daily float life of an agent.
  • Gas space: built around refills. Each refill is a costed batch, profit is computed against the exact stock sold, and shortages are pinned to the refill they came from.
  • Meat space: sales by kilo and part, cash, transfer and credit, with its own cash ledger.
  • Retail family: shop-style selling with a cart, product stock and barcode flows for provisions and similar shops.
  • Personal space: a running wallet for family money, deliberately framed as funds at hand rather than business profit.
  • Recycling and others: each with vocabulary and flows matched to that trade.

Then there is the General Business space, the flexible one, framed entirely around capital recovery: investment entries, six named income types, typed expenses, per-asset payback and yield, break-even as the headline, run rate on a trailing 12 months, and break-even ETA. It deliberately has no swap entry, because it has no hand-versus-bank drawer logic to reclassify; that belongs to cash-drawer spaces like POS, and it is blocked server-side here.

Step-by-step: choosing well

  1. Ask the drawer question. Does your day revolve around a float of cash and transfer charges? Choose POS, not General.
  2. Ask the stock question. Do you buy costed stock and sell it by unit, kilo or refill, and need profit per batch or product? Choose the tailored space for that trade: gas, meat, or a retail type.
  3. Ask the capital question. Did significant money go in upfront, and is your real question when it comes back? Uber car, rental house, wholesale runs, equipment hire, a service hustle with startup costs: choose General Business.
  4. Ask the mixed-portfolio question. Do you own several unrelated earning assets? General Business treats the space as an asset portfolio, with per-asset payback, which is exactly that shape.
  5. Still unsure? Start with General Business. Its named types and capital framing fit almost any money-in, money-out venture, and you can always open a tailored space later as the business specialises.
  6. Own more than one business? Give each its own space. Free covers 1 space for 30 days, Plus (₦1,500 per month or ₦15,000 per year) covers 5, and Business (₦5,000 per month or ₦50,000 per year) is unlimited with invoices and PDF reports. The side-by-side comparison then shows all your ventures on one screen.

Worked example: one family, three right answers

The Okafor family in Aba runs three ventures and initially forced everything into one notebook.

  • Papa runs a POS stand. His life is float, charges and cash at hand. He gets a POS space, where the drawer maths, fee types and cash ledger are native.
  • Mama sells provisions from a shop. Her life is stock in, items out, restock. She gets a retail-type space with product-level selling.
  • Their son Chuka put ₦2,000,000 into a wholesale rice run and also manages the family's rental house, built for ₦5,200,000. His question is not today's drawer or this carton's markup. It is: when does the money come back? He gets a General Business space, registers the house as an asset with a yearly cadence and the rice venture's capital as investments, and reads one break-even bar for each.

Three months later, on the Business plan, the family compares all three spaces side by side on the web dashboard. Papa's POS shows daily cash discipline. Mama's shop shows product margins. Chuka's General space shows the house at 22 percent recovered and the rice run at 61 percent and climbing fast. Each business is finally being asked its own right question.

Tips and pitfalls

  • Do not put a drawer business in General Business. You will miss the float tools, and you will wonder why there is no swap entry. There is no swap here on purpose.
  • Do not put a capital-heavy venture in a daily-sales space. It will cheerfully report profitable weeks while your millions remain unrecovered and unmeasured.
  • One venture, one space. Blending ventures in one space blends their truths; the whole lesson of per-asset tracking applies at the business level too.
  • Moving later is fine. Records are the habit that transfers; open the better-fitting space when the business changes shape.
  • Whatever the type, the universals travel with you: offline entry with auto-sync, quick presets, backdating, reversal, debtors both ways with partial repayments, customers, workers with per-space permissions, daily reminders, multi-currency and more than 20 languages.

Ask your business its own question

The right space type asks the question your business actually lives by. Pick the frame that fits, open the space, and let every number land where it belongs. Stop guessing. Start seeing, at gazeloft.com.

Frequently asked questions

Is General Business just the "everything else" option?

No. It is a deliberate design for capital-recovery businesses: investments, assets, payback and break-even. It happens to also fit ventures without a tailored type.

Can I run a General Business space and a POS space at the same time?

Yes. Each space is independent, and the Plus and Business plans exist exactly for multi-space owners. Compare them side by side any time.

Why is there no swap entry in General Business?

Swap reclassifies money between cash at hand and bank in drawer-style spaces. General Business has no such buckets, so the entry does not exist here and is blocked server-side to keep records clean.

What if my trade gets a tailored space later?

Gazeloft keeps adding space types. You can open the new type when it arrives and keep your General space history intact.

Which type is right for a freelancer or service provider?

General Business fits well: Service income for earnings, typed expenses, and investment entries for equipment like a camera or laptop, each trackable as an asset.

Tags: retail, comparison, choosing a tracker, POS, space types, general business

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