LEARN HOW TO MANAGE FINANCES The degree to which health centres - TopicsExpress

LEARN HOW TO MANAGE FINANCES The degree to which health centres are involved in managing funds and fi nancial resources varies with the nature of the health centre, its size, and the structure of the national health services. Yet, all health services have to manage two types of funds: ■ “Invisible funds”, or budgetary allocation. Th ese are not physically handled, but represent a “credit” that is provided by the district management team or other entity that will handle how they are spent; ■ “Visible money” or cash: Th is money is seen and handled in the centre. Money can be kept for spending (usually small in amounts, called “petty cash”1 ), or be received for services or sales of goods. Know more about Leadership & Management : ow.ly/qC0Ru

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