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Petty Cash Management in Tanzania: Know Who Got What, and What Is Left

· 5 min read
eSecured ERP Team
eSecured Cloud Hosting & IT Services

At the start of the month the accountant collects TZS 5,000,000 from the bank for the office. Within a week, the office assistant has TZS 500,000 for stationery, the caretaker has TZS 300,000 for the generator, someone bought airtime, and the receipts are in an envelope. At month end the questions are always the same: how much was given out, to whom, what was it spent on, and how much should still be in the box? With a notebook, answering them takes an afternoon. With petty cash in your ERP it takes one click.