Running a business in Morocco: payments, currency and sales tracking
Whatever your business (grocery stores and convenience stores, restaurants and cafes, boutiques and cosmetics and beauty shops), in Casablanca or elsewhere in Morocco, the same questions come up: how to set prices in MAD, how to track payments by card and in cash, and how to know every evening what the business really earned.
Currency and prices in Morocco
In Morocco, you sell in MAD. The dirham is divided into centimes: keep prices to the nearest dirham or half-dirham and check that your labels and your till show the same amount.
Update your selling prices every time your supplier’s price changes: an increase you do not pass on eats directly into your margin.
Common payment methods in Morocco
Your customers can pay you by cash and card. You do not have to offer all of them: keep the ones your customers really use and that you know how to check.
With card payments, the money reaches your account after a delay: record them separately from the cash drawer.
Record each method and reconcile every evening
- Record every sale with its payment method.
- In the evening, take each method’s total from your accounts.
- Compare the card total with your terminal or bank statements.
- Count the cash and compare it with expected cash: the difference is the cash gap.
- Record fees (withdrawal, transfer, commission) as an expense.
The most common businesses in Morocco
In Morocco, you mostly find grocery stores and convenience stores, restaurants and cafes, boutiques and cosmetics and beauty shops. In all of them, three habits make the difference: track stock, know your margin and never mix business money with personal money.
Legal, tax and licensing rules vary by country and activity: check with the authorities or a local accountant before you start.
Run your business in Morocco with Kaislo
Kaislo works in MAD, offers cash and card and works even without internet. You record sales, track stock and customer credit, and get your evening accounts on your phone, tablet or computer. 30-day free trial, then from 149 DH per month depending on your business.
Sales, stock, customer credit and evening accounts in one place, on phone or computer. 30-day free trial.
Running a business in Morocco: payments, currency and sales tracking
Which currency should I use in Morocco in Kaislo?
MAD, chosen automatically with the country when you create the business.
Which payment methods can I record in Morocco?
cash and card: the customer pays you as usual, Kaislo only records the method for your accounts.
Does Kaislo work without internet?
Yes: sales are kept on the device and sent as soon as the network returns.