Cash - Overview

Aim

You have enough funds, either in cash or in a local bank account, to make programme payments as they become due.

Key questions before leaving head office

• How much money is needed immediately to start the programme?
• Who will prepare and maintain the cash flow forecast? More
• Are there funds already in the emergency area and if so, how can you get them?
• How will further funds be transferred? More
• If staff are carrying large amounts of cash, what is the organisation's policy and insurance cover in case the money is lost or stolen?
• Which currencies will you be using? More

See also Controls section especially if you are using large amounts of cash.

Special challenges

• Running out of cash because delays in transfers from head office were not planned for. Case study
• Becoming complacent about working with large amounts of cash and hence increasing the risk of robbery or fraud. Case study