Title of the invention: Procuc System
The invention falls under: Business studies
Name of the inventor: Marco Shigele
DESCRIPTION
Introduction
Procuc System
is the latest in Home trade and International trade. Poculization and
Procuclization are the effective means of the System. The fundamental raison
d’ĂȘtre of Procuc System is to capitalise
the under-capitalised business and impress people in their multitudes to
participate in production.Through this System, business persons will have
access to money for their businesses without
collateral. The System aims at enabling people who can not afford to obtain
a loan from the bank or any financial institution to have access to money in
order to boost business capital. It is also suitable for those who can afford
to obtain business loans through banks or other financial institutions to raise
their capital. The System is an inspiration to miserable and grumpy people. It
is an inspiration in a sense that, there are people who are miserable,
poverty-stricken and grumpy due to abject poverty and poverty trap. Therefore,
through this System, the great majority of people will have access to business;
hence, a promising and optimistic life will transpire. Procuc System can change
person’s goals from unachievable ultimate goals set by that particular person
as regards his/her affluence desire for life to a prodigious achievement. So,
the System can be an auspicious measure to mitigate poverty. Procuc System is
absolutely different from Upatu
(microfinance arrangement of contributing money to group members in turns),
Sole proprietorship (Sole trade), Partnership, Corporation, Society,
Co-operative, Joint venture (Joint undertaking), Barter trade system and
Joint-stock company. Of all the systems concerning business operation, it is
the unique System. Street traders (Road side traders) and Itinerant traders
(Peddlers, Hawkers, Market stall holders, Mobile shop traders), Mama Ntilie, illegitimate trade dealers,
Middlemen (Brokers, Factors, Commission Agents, Del Credere Agents, Forwarding
Agents, Auctioneers, Warehousers and Underwriters) are not acknowledged as Procuc Operators in
the System. The Wholesalers [General Wholesalers, Specialized Wholesalers,
Regional Wholesalers, Nationwide Wholesalers, Truck Wholesalers (Wagon Jobbers)
and Rack Jobbers] are acknowledged as Procuc Operators. Unit shops, Multiple
shops (Chain stores), Departmental stores, Supermarkets, and Mail order
business are suitable for the System. Kiosks, Canteens, Tied shops and
Automatic vending machines are not entirely accepted to be incorporated in the
System.
Procuc
System objectives
·
To capitalise
the under-capitalised business by exerting a business person to access money
without collateral.
·
To enable people with inadequate capital to
establish business.
·
To enable employees who are very busy with their
jobs to raise income.
·
To extricate people from extravagance.
·
To impress people in their multitudes to participate
in production.
Possible
implications of Procuc System to the community
- It can enhance diligence and accountability in business.
·
It can be an auspicious measure to mitigate poverty.
The
concept of Procuc System
The term Procuc
is derived from three nouns, such as Proprietor,
Customer and Client. The nouns are agents of the system. The term is formed from
three first letters of the noun Proprietor
two first letters of the noun Customer
and one first letter of the noun Client.
Therefore, Procuc System is defined as the technique used to operate in
business by involving three agents viz. the Proprietor, Customer and Client.The study of Procuc System is called Procuciology while a person who studies Procuc System is known as Procuciologist. The Procuc System Initiator is known as Procusysiator
Procuc System Agents (PSA)
There are three Agents
of Procuc System, viz.
- Proprietor
- Customer
- Client
Proprietor
In Procuc System, the Proprietor is a chief Operator
of the Procuc and accredited to it.
The term Procuc Operator can be used
as a substitute for the term Proprietor.
Procuc Operator is a person who runs Procuc. The term Procuc refers to the
operating business in Procuc System or is any business or project that can
generate high rate of returns on the invested capital. The Procuc Operator is
the first Procuc System Agent.
Customer
A Customer is a person
who adds financial capital to the Procuc Operator Financial Capital. It is
possible for the Procuc Operator to have a multitude of Customers. The Customer
is the second Procuc System Agent.
Client
A Client is a person
who purchases Procuc Commodities. Procuc Commodities are products or raw
materials that can be bought and sold. There are two types of Clients, viz.
Client one and Client two. The Client one buys commodities form the Pocu.
He/she can later be the Proprietor. The Client two is a last consumer. He/she
purchases Procuc commodities for his/her domestic consumption. This person
cannot be a proprietor due to the fact that he/she is a last consumer. In
Procuc System, the consumer goods are only bought by Client two.
PROCUC INTERACTIONS
Interaction refers to a
kind of action that occurs as two or more objects have an effect up one
another. The idea of a two-way effect is essential in the concept of
interaction, as opposed to a one – way causal effect. A closely related term is
interconnectivity, which deals with the interactions of interactions within
systems. Procuc Interaction involves the interaction between Procuc Operator
and Customer, Procuc Operator and Client one, Procuc Operator and Client two,
Pocu and Client one, Pocu and Client two and Client one and Client two. There
are six types of Procuc Interactions which are:
·
Pocuism
·
Poconism
·
Poctism
·
Clieontism
·
Pocuclieonism
·
Pocuclientwism
Pocuism
Pocuism
is the Procuc Interaction between Procuc Operator and Customer. The Customer
financially gains from the Procuc Operator. The Procuc Operator ensures the
multiplication of Customer’s Financial Capital contributed to Procuc. Thus, the
Procuc Operator financially gains from the profit resulted from Customer’s
Financial Capital.
Poconism
Poconism
is the Procuc Interaction between Procuc Operator and Client one. The Client
one gets major purchases from the Procuc Operator.
Poctism
Poctism
is the Procuc Interaction between Procuc Operator and Client two. The Client
two gets major purchases from the Procuc Operator.
Clieontism
Clieontism
is the Procuc Interaction between Client one and Client two. The Client two
gets major purchases from Client one.
Pocuclieonism
Pocuclieonism
is
the Procuc Interaction between the Pocu and Client one. To put it in a
nutshell, the term Pocu is derived from Procuc
Operator and Customer. The
meaning of the term is that, Procuc Operator and Customer operating Procuc as a
single entity. In Pocuclieonism, the Customer participates indirectly through
his/her capital. The Procuc Operator interacts directly with Client one. The
Client one gets major purchases from the Pocu.
Pocuclientwism
Pocuclientwism
is the Procuc Interaction between Pocu and Client two. The Client two gets
major purchases from the Pocu.
Conditions
of running Procuc
Procuc System is selective, it should be noted that,
not every business qualifies to be Procuc.As a matter of fact, location of the
business is the factor to be put into consideration. The point to remember is
that, not any business location is suitable for Procuc. Also, there are
criteria to be considered for a person to be a Procuc Operator. Therefore,
Procuc is highly dependent on the nature
of the business, Procuc environment, Procuc location and Procuc Operator. Currently,
there are seventeen conditions of running Procuc as prescribed in the book of
Procuc System. These conditions characterize eight basic items as follows:-
·
Qualities of a good Procuc Operator.
·
Qualities of a good Customer
·
Procuc environment.
·
Qualities of Procuc.
·
Payment procedures.
·
Proeperio.
·
Procedures to be taken so as to meet the
qualities of being a Customer.
·
Breaching of Poculization Agreement.
Mathematical
formulae
Newly discovered Mathematical formulae will play the
following roles:
·
To calculate Customer’s Financial income
per Day (CFD)
·
To determine Customer’s Financial
capital Percentage per Day (% CFPD)
·
To determine Exceeding Days in a week
·
To determine Exceeding Days in Two Weeks
·
To determine Exceeding Days in a Month(s)
·
To calculate Customer’s Financial Payment
(CFP) at a given CFT
·
To calculate Customer’s Financial
capital Withdrawn Amount (CFWA)
·
To determine Customer’s Financial gain
Percentage Aid (% CFPA)
·
To calculate Customer’s Gross Financial
income (CGF)
·
To find Customer’s Gross Financial Gain
percentage (%CGFG)
·
To calculate
Customer’s Financial capital Loss (CLF)
·
To calculate
Customer’s Financial capital percentage Loss (%CFL)
·
To determine Remained Approximated percentage figure (RA)
·
To calculate Customer’s Indemnity (CI)
·
To find Customer’s Indemnity percentage
(%CI)
·
To calculate Customer’s Net Income(CNI)
·
To determine POCU percentage (% POCU)
·
To calculate
Selling Price (SP)
·
To calculate Customer’s Financial
Payment Figure (CFPF)
·
To calculate Customer’s Financial
Payment Percentage (%CFPP)
·
To calculate Procuc Operator
Turnover(POT)
·
To calculate Customer’s Second Regime
Payments(CSRP)
How will Procuc System
be conducted? (Just
a concise summary-, you may consult
the book for more information).
Procuc System will be conducted by Customers’ substantial contribution to
Procuc as follows:
Procuc System is fantastic, fascinating and
creditable. It exerts Procuc
Operator to access money for his/her Procuc without Collateral. It is a
substantive issue in a sense that it addresses the real life situation of people.
In that sense, the Procuc Operator is required to receive 80 percent of his/her
Capital as solid contribution to Procuc from Customers. For example, if the
Procuc Operator has $5000 as his /her business Capital, he/she will require
only $4000 as contribution from Customers.
By using that percentage term, the Procuc Operator
can be able to pay the Customers financial income at different given Commodity
Flow Time (CFT). Roughly, running Procuc requires a profit of at least 30 – 40%
of the cost price of each cost object within a month.
Procuc System will
intrinsically motivate people in their multitudes to participate in production.
The higher the Customer’s Gross Financial Gain, the higher the rate of
Customers to engage with the System. Example, the Customer’s Gross Financial
Gain (CGFG) is Tshs.237,400/= when the Customer contributes Tshs. 500,000/= to
Procuc for a nine month – proeperio. Thus, the Customer’s Gross Financial
income (CGF) becomes Tshs.737,400/= for a nine month- proeperio. The figure is obtained
by using 0.52% as Customer’s Financial capital Percentage per Day (% CFPD) and
5% as Customer’s Financial income Percentage (%CFP).The
CGF is very impressive to the extent that every one will admire to make
contribution, hence people in their multitudes will participate in production.
The %CFPD and %CFP can be altered, depending on the exact nature of the Procuc
and Procuc environment. Mutability of %CFPD and %CFP shall not be conducted if
Poculization Agreement is already signed. After the First Regime of
Poculization or Procuclization, the Customer is allowed to sign a new
Poculization Agreement for the Second Regime if he/she wishes to do so.
CUSTOMER’S
FINANCIAL SECURITY
Before
dealing with Customer’s Financial Security, let us have a superficial knowledge
on the following items:
·
Clear
concise mechanism of fixing on a person for being a Procuc Operator (you may
consult the book for more information).
·
Procuc
Operation Mechanism (POM)
·
Customer’s
financial payments
Clear
concise mechanism of fixing on a person for being a Procuc Operator
As stated earlier,
Procuc
is highly dependent on the nature of the
business, Procuc environment, Procuc location and Procuc Operator. The
Procuc Operator must have business license (for sole proprietors), certificate
of incorporation (for companies), and certificate of registration for Taxpayer
Identification Number (TIN), Statement of Estimated Tax Payable for the Year of
Income and inspection booklet as credentials for his/her business. Also, it is
obligatory for a Procuc Operator to seek for the legitimacy of running Procuc.
The
Procuc Operator is required to receive 80 percent of his/her equity capital as
solid contribution to Procuc from Customers. By using that
percentage term, the Procuc Operator can be able to pay the Customers financial
income at different given Commodity Flow Time (CFT). Roughly, running Procuc
requires a profit of at least 30 – 40% of the cost price of each cost object
within a month. For instance, if the buying price of the cost object is Tshs. 1,000/=,
the cost object will be sold at Tshs.1,300/= to Tshs. 1,400/=, or if it is
bought at Tshs. 10,000/=, it will be sold at Tshs.13,000/= to Tshs. 14,000/=,
or Tshs.300,000/= to Tshs.400,000/= are required as monthly return in one million (Tshs.1,000,000/=).
So the procuc needs monthly high rate of money circulation. In Procuc System,
credit history and practical experience in dealing with business of the Procuc
Operator should be well known. Why do we need to be aware of credit history
and practical experience in dealing with business of the Procuc Operator? In order to avoid the situation that can
bring the Procuc Operator to the verge of procuc collapse and extricate him
from going insolvent. The equity capital of the Procuc Operator should not be
on credit. In case a Procuc Operator has credits to either banks or other
financial institutions, he/she will just be the legitimate proprietor despite
the fact that, the actual equity capital will be calculated so as to enable
him/her to receive 80 percent of his/her
equity capital as solid contribution to Procuc from Customers.
It
should be put into consideration that, there are some factors that can cause
short time existence of any business. These factors include extravagance,
improper financial management, failing to secure an adequate bank loan at a
critical time, establishing business on credit, accomplishing to repay the bank
loan by credits from other financial sources and misdirecting the bank loan. In
Procuc System, the Customer’s Financial Capital (CFC) should not be misdirected
by a Procuc Operator in order to avoid falling into procuc failure. Therefore,
credibility, sedulous attention to business, accountability and entrepreneurial
trainings are some of the basic issues to be addressed in business thrive.
These issues can help a proprietor to fulfil a hankering for a wealthy
lifestyle.
Procuc
Operation Mechanism (POM)
In Procuc System there are organised activities that
can make the System successful. The objectives achievement of Procuc System
requires several agents for diligent execution of the organised activities to
ensure the existence of the System. These agents are known as Procuc
Operation Mechanism Agents (POMA) viz. Procuc System Team (PST), Banks and
the Government. The term Procuc Operation Mechanism is defined as the
way how Procuc System Team (PST), Banks and the Government work together in
order to make sure that, Procuc System objectives are met by acting according
to the prescribed conditions of running Procuc, provided that each agent
performs the duties conscientiously and accordingly without any
interference.
Roles of the Government, Banks and Procuc System
Team (PST)
Government
·
To collect tax.
·
To
fund the Procuc, especially when it reaches the level of constructing an
Industry.
·
To
authorize Procuc Operators to run Procuc.
Banks
·
To facilitate Poculization by linking
together Customers and Procuc Operators.The list of names of Procuc Operators with their
respective bank accounts will be available at the particular Bank.
·
To facilitate financial transactions
between Customers and Procuc Operators.
Procuc System Team
·
To intensify public awareness of Procuc
System
·
To
monitor the progress of Procucs
Customer’s
financial payments
Customer’s financial
payments are categorised into two parts, namely:
·
Customer’s normal financial payments
·
Customer’s financial payments due to
tiocalization
Customer’s normal financial
payments
As stated earlier,
the
Customer’s Gross Financial Gain (CGFG) is Tshs.237,400/= when the Customer contributes
Tshs. 500,000/= to Procuc for a nine month – proeperio. Thus, the Customer’s
Gross Financial income (CGF) becomes Tshs.737,400/= for a nine month-
proeperio. The figure is obtained by using 0.52% as Customer’s Financial
capital Percentage per Day (% CFPD) and 5% as Customer’s
Financial income Percentage (%CFP). It is not a must for a Customer to be paid
the required amount by basing on nine month-proeperio only, but also it can be
done at different Commodity Flow Time in accordance with the Poculization
Agreement.
The table
below shows the way how Customer’s normal financial payments
will be conducted at different Commodity Flow Time
TND
|
y
|
ITND
|
CFT
|
CFP
in Tshs.
|
8.6
|
2
|
7
|
1Week
|
18,200
|
17.2
|
3
|
14
|
2weeks
|
36,400
|
34.25
|
4
|
30
|
1 Month
|
78,000
|
68.5
|
9
|
60
|
2 months
|
156,000
|
137
|
17
|
120
|
4 Months
|
312,000
|
274
|
4
|
270
|
9Months
|
702,000
|
Payments for 270 days
is Tshs. 702,000/= and Tshs.737,400/= for 274days.
Customer’s
financial payments due to tiocalization
Customer’s financial
payments due to tiocalization are categorised into three parts, namely:
·
Customer’s financial payments due to tiocalization caused by a Procuc
Operator
·
Customer’s financial payments due to tiocalization caused by a Customer
·
Customer’s financial payments due to tiocalization caused by Procuc System
Team
Customer’s financial payments due
to tiocalization caused by a Procuc Operator
Customer’s financial
payments due to tiocalization caused
by a Procuc Operator depend on tiocalization percentage. The Customer has to
choose the suitable tiocalization percentage when signing Poculization
Agreement. Check the table below:
The Procuc Operator
Tiocalization Table for CGF drawn from CFC=Tshs. 500,000/=, %CFPD = 0.52%, TND = 274 days and %CFP = 5%
Tiocalization Number (TN)
|
Tiocalization Percentage(TP)
in %
|
Incremental Percentage( )
in %
|
B
(i.e log10( ))
in %
|
P
in Tshs.
|
1
|
48
|
0.52
|
-0.283996656
|
740,000
|
2
|
49
|
1.52
|
0.181843587
|
745,000
|
3
|
50
|
2.52
|
0.40140054
|
750,000
|
4
|
51
|
3.52
|
0.546542663
|
755,000
|
5
|
52
|
4.52
|
0.655138434
|
760,000
|
6
|
53
|
5.52
|
0.741939077
|
765,000
|
7
|
54
|
6.52
|
0.814247595
|
770,000
|
8
|
55
|
7.52
|
0.87621784
|
7750,000
|
9
|
56
|
8.52
|
0.930439594
|
780,000
|
10
|
57
|
9.52
|
0.978636948
|
785,000
|
11
|
58
|
10.52
|
1.02201574
|
790,000
|
12
|
59
|
11.52
|
1.061452479
|
795,000
|
13
|
60
|
12.52
|
1.097604329
|
800,000
|
Where P stands for Customer’s payment due to
tiocalization caused by a Procuc Operator and b stands for tiocalization exponent.
Customer’s
financial payments due to tiocalization caused by a Customer
Customer’s financial
payments due to tiocalization caused
by a Customer will be conducted as indicated in the table below:
The table for CGF and I drawn from CFC=Tshs. 500,000/=, %CFPD = 0.52% and %CFP
= 5% at various TNDs.
TND
|
NM
|
M
|
CGF
in Tshs.
|
CFL
in Tshs.
|
%CFL
|
CI
in Tshs.
|
I=CGF+CI
in
Tshs.
|
30
|
1
|
November-30
|
103,000
|
397,000
|
79.4
|
9819.33
|
112819.33
|
61
|
2
|
December-31
|
183,600
|
316,400
|
63.28
|
18384.48
|
201984.48
|
92
|
3
|
January-31
|
264,200
|
235,800
|
47.16
|
19480.35
|
283680.35
|
121
|
4
|
February-29
|
339,600
|
160,400
|
32.08
|
16481.92
|
356081.92
|
152
|
5
|
March-31
|
420,200
|
79,800
|
15.96
|
35016.67
|
455216.67
|
182
|
6
|
April-30
|
498,200
|
1800
|
0.36
|
-
|
-
|
213
|
7
|
May-31
|
578,800
|
-
|
-
|
-
|
-
|
243
|
8
|
June-30
|
656,800
|
-
|
-
|
-
|
-
|
274
|
9
|
July-31
|
737,400
|
-
|
-
|
-
|
-
|
Customer’s Financial
Security
As
the matter fact, 80 percent received by the Procuc Operator of his/her equity capital
as solid contribution to Procuc from Customers, can just be possibly repaid
back plus its interest (Customer’s Gross Financial Gain). For instance, if the
Procuc Operator has Tshs.500,000,000/= as his /her business Capital, he/she
will require only Tshs.400,000,000/= as contribution from Customers. The total Procuc
Operator Financial Capital will be Tshs.900,000,000/=.The Customers’ Gross
Financial Gain (CGFG) will be Tshs.189,920,000/= when the Customers contribute Tshs.400,000,000/=to
Procuc for a nine month – proeperio. The figure is obtained by using 0.52% as
Customer’s Financial capital Percentage per Day (% CFPD) and 5% as Customer’s Financial income Percentage (%CFP). Tshs.189,920,000/=
is the same as 47.48% of Tshs.400,000,000/= or it is the same as 37.984% of Tshs.500,000,000/=.Assume
that, the Procuc Operator does business without any financial return for him,
but he/she collects money only for paying Customers, for sure he/she will be
able to repay back the amount deposited by Customers plus their Gross Financial
Gain. For instance, Tshs.474,800/= are required as nine month-proeperio return in one million
(Tshs.1,000,000/=) or Tshs.53,000/= are required as monthly return in one million to repay back
the whole amount required by the Customers. Let us ask ourselves, is it
not possible for the Procuc Operator to have access to Tshs.474,800/= in one
million (Tshs.1,000,000/=) per proeperio or Tshs.53,000/= per month when effectively
conducting business? Answer, it is possible.
Since one
of the responsibilities of Procuc System Team is to monitor the progress of
Procucs, if it seems that, there is a sign of the business to start bringing
low rate of return on capital; tiocalization due to Procuc System
Team will take place at that particular time so as to rescue the Procuc
Operator from being insolvent. It will also help to prevent Customer’s
Financial capital Loss. Tiocalization due to Procuc System Team will be done in
close collaboration with the Government and the responsible bank. Interference
of poculization agreement by Procuc System Team, will not free the Procuc
Operator from debts. The Procuc Operator will be required to repay back the
Customer’s Financial Capital plus a certain interest. Also, it is unavoidable
for the Customer to pay the Mutable Amount. The Mutable Amount will be paid by
the Customer accordingly. Therefore, under the prescribed environment of
Customer’s Financial Security above, it shows that the money of the Customer
will be absolutely secured.
Customer’s entry fee
and Mutable amount
A
Customer will be required to pay entry fee at Prosperio day and Mutable Amount at Proeperio day. The entry fee will
enable all services at the bank concerning Procuc System to be implemented and
the Mutable Amount will facilitate the roles of
Procuc System Team to be played diligently.
THE IMPORTANCE OF
PROCUC SYSTEM TO THE GOVERNMENT AND BANKS
The Government will
collect the tax from Procuc Operators. She will also collect tax from
Customers, especially when they will be able to conduct business due to capital
resulted from poculization. The banks will have many customers with ability of
obtaining a loan by using collateral.
FORMULAIC
TERMINOLOGIES
Procuc System has various terminologies which were
formulated from English Language.
Pronunciations of the newly formulated terminologies
are found in the book.
THE
BOOK
The invention of the System led to the writing of
the book, titled “Procuc System”. It
comprises of four Topics viz.
·
Introduction to Procuc System
·
Procuc Operation and Business units
·
Poculization and Procuclization
·
Let us invest in Tanzania.
Agriculture, Livestock, Natural
Resources, Mining Sector, Manufacturing Sector, Banking and Insurance, Health and
Education, Economic Infrastructure and Tourism Sector are investment
opportunities existing in Tanzania. These investment opportunities are
incorporated in the Topic of Let us invest in Tanzania.
Procuc operation is highly dependent on Electronic Fiscal Devices (EFDs) for
efficient control in areas of sales analysis and stock control system. Various
types of Electronic Fiscal Devices such as Electronic Tax Register (ETR),
Electronic Fiscal Printer (EFP) and Electronic Signature Device (ESD) are
precisely explained in the book. In addition to various types of Electronic
Fiscal Devices, the book encompasses details about advantages of Electronic
Fiscal Devices, Features of EFD, Fiscalization, The user of Electronic Fiscal
Device (EFD), Rights and obligations of an EFD user, Manufacturers of EFDs,
Suppliers/Distributors of EFDs in Tanzania, Rights and obligations of the
suppliers, Contents of fiscal receipts generated by EFDs, Contents of
Electronic Fiscal invoices generated by fiscal devices, “Z” report, contents of
“Z” Report, Cost Offset, treatment of cost offset, practice in case of
Electronic Fiscal Device fails to operate and measures to be taken during and
after EFD failure. Details about financial
transaction, commercial transaction, business units and monetary units of various countries in
the World are included.
In
short, get the original copy of the book of “Procuc System” in order to learn the
following items clearly:
·
The concept of Procuc System
·
Procuc System Agents
·
Procuc Interactions
·
Triple Mechanism Model (TMM)
·
The fundamental raison d’ĂȘtre of Procuc
System
·
Key factors that the bank uses to
analyse a potential borrower
·
How will
Procuc System be conducted?
·
Conditions of running Procuc
·
Importance of Procuc System
·
Procuc Operators
·
Non-procuc Operators
·
Application of Electronic Fiscal Devices
(EFDs in Procuc operation
·
Financial
transaction
·
Commercial transaction
·
Business units (Sole proprietorship,
Partnership, Joint stock companies (Public limited company and Private limited
company), Cooperatives, Public
corporation, Local authorities and Parastatal bodies)
·
Similarities and differences between Procuc System and other business
units
·
The concept of poculization and
procuclization
·
The concept of proeperio, prosperio and
tiocalization
·
Exponential Principle of Poculization
·
Newly discovered Mathematical formulae
·
Monetary units
·
Investment, investment climate, reasons for investing
in Tanzania and investment opportunities
existing in Tanzania
WARNING: IT IS UNLAWFUL TO PRACTICE
PROCUC SYSTEM BEFORE GOVERNMENT DECLARATION ON IT.
Acronyms and abbreviations
%CFL
- Customer’s Financial capital percentage Loss
%CFP -
Customer’s Financial income Percentage
%CFPA -
Customer’s Financial gain Percentage Aid
%CFPD -
Customer’s Financial capital Percentage per Day
%CFPP - Customer’s Financial Payment
Percentage at a given Commodity Flow Time
%CGFG
- Customer’s Gross Financial Gain
percentage
%CI - Customer’s Indemnity percentage
%FCFP -
First Customer’s Financial Payment percentage at a given CFT
%POCU
- POCU percentage
%POFPA -
Procuc Operator Financial gain Percentage Aid
%SCFP -
Second Customer’s Financial Payment percentage at a given CFT
A%CFLD - Approximated Customer’s
Financial capital percentage Loss per Day
A-1 –
Acronym 1
A-2 –
Acronym 2
AEZ - Agro
– Ecological Zones
Apf -
Approximated percentage figure
ATC - Air Tanzania Corporation
BMTL -
Business Machine Tanzania Limited
BP – Buying
Price
BRELA - Business Registrations and
Licensing Agency
CARMATEC - Centre for Agricultural
Mechanisation and Rural Technology
CCu –
Computable Cuncialtag
CCuCFTa -
Computable Cuncialtag Commodity Flow Table
CFC –
Customer’s Financial Capital
CFD -
Customer’s Financial income per Day
CFF –
Commodity Flow Figure
CFFT -
Commodity Flow Figure Table
CFG -
Customer’s Financial Gain
CFN (n) –
Commodity Flow Number
CFP -
Customer’s Financial Payment at a given CFT
CFP’ -
Customer’s Financial Payment for
CFP’ FSP -
Customer’s Financial Payment for First Sub-Regime
CFP’ SR -
Customer’s Financial Payment for Second Regime
CFP’ SSR -
Customer’s Financial Payment for Second Sub- Regime
CFP’ TSR -
Customer’s Financial Payment for Third Sub – Regime
CFPF - Customer’s Financial Payment
Figure at a given CFT
CFPFM -
Customer’s Financial Payment per Four Months
CFPM -
Customer’s Financial Payment per Month
CFPP -
Customer’s Financial Payment per Proeperio
CFPTM -
Customer’s Financial Payment per Two Months
CFPTW -
Customer’s Financial Payment per Two Weeks
CFPW –
Customer’s Financial Payment per Week
CFT –
Commodity Flow Time
CFTa -
Commodity Flow Tables
CFWA -
Customer’s Financial capital Withdrawn Amount
CGF -
Customer’s Gross Financial income
CGFG -
Customer’s Gross Financial Gain
ChCFTa -
Cocuncialhalf Commodity Flow Table
CI - Customer’s Indemnity
CLF -
Customer’s Financial capital Loss
CNI - Customer’s Net Income
CSRP - Customer’s Second Regime Payments
CT - COTISE
Tables
CuCFTa -
Cuncialtag Commodity Flow Table
ECR -
Electronic Cash Register
ED (y) –
Exceeding Days
EFCR -
Electronic Fiscal Cash Register
EFD
-Electronic Fiscal Device
EFDR -
Electronic Fiscal Device Reading
EFDs -
Electronic Fiscal Devices
EFP -
Electronic Fiscal Printer
ESD -
Electronic Signature Device
ETR -
Electronic Tax Register
FCFP -
First Customer’s Financial Payment at a given CFT
FCFPF –
First Customer’s Financial Payment Figure at a given CFT
FCu – First
Cuncialtag
FP – First
Probu
FPM – First
Profit Made
FR - Fourth
Regime
FSP – First
Selling Price
HCu -
Highest Cuncialtag
HTND -
Highest TND
ITND -
Incomplete Total Number of Days at a given Commodity Flow Time
JSC - Joint-Stock Company
MA -
Mutable Amount
MP -
Mutable Percentage
NARCO -
National Ranching Company
NDC - National Development Corporation
NDFM -
Number of Days per Four Months
NDM -
Number of Days per Month
NDP -
Number of Days per Proeperio
NDTM -
Number of Days per Two Months
NDTW -
Number of Days per Two Weeks
NDW –
Number of Days per Week
NTP - Net
Tax Payable
PC -
Personal Computer
PCFTa -
Probu Commodity Flow Table
PCSS –
Procuc Commodity Selling Speed
PFC -
Procuc Financial Capital
PFG – POCU
Financial Gain
PGF – POCU
Gross Financial income
PGFG – POCU
Gross Financial Gain
PGM -
Platinum Group Minerals
PGT- Pocu
General Table
PhCFTa -
Pogronancialhalf Commodity Flow Table
PM - Profit
Made
Po –
Pocufigaper
POANI -
Procuc Operator Actual Net Income
POAT - Procuc
Operator Actual Turnover
PoCFTa -
Pocufigaper Commodity Flow Table
POFC -
Procuc Operator Financial Capital
POFC –
Procuc Operator Financial Capital
POFD -
Procuc Operator Financial income per Day due to Procuc Operator Financial
Capital
POFG – Procuc
Operator Financial Gain
POGFG - Procuc Operator Gross Financial
Gain
POGFG;CFC -
Procuc Operator Gross Financial Gain due to Customer’s Financial Capital
POGFG;POFC;c
- Procuc Operator Gross Financial Gain Obtained as a Customer due to Procuc
Operator Financial Capital
POGFG;POFC;p
- Procuc Operator Gross Financial Gain due to Procuc Operator Financial Capital
as Profit
POGTGFG -
Procuc Operator Grand Total Gross Financial Gain
POM -
Procuc Operation Mechanism
POMA -
Procuc Operation Mechanism Agents
PONI -
Procuc Operator Net Income
PORNI -
Procuc Operator Rough Net Income
PORT -
Procuc Operator Rough Turnover
POT -
Procuc Operator Turnover
POTGFG -
Procuc Operator Total Gross Financial Gain
Pr –
Proficug
Pr CFTa -
Proficug Commodity Flow Table
PSA -
Procuc System Agents
PST -
Procuc System Team
PSTN - Public
Switched Telephone Network
PT - Pocu
Tables
RA - Remained Approximated percentage
figure
ROM - Read
only memory
SCFP -
Second Customer’s Financial Payment at a given CFT
SCFPF -
Second Customer’s Financial Payment Figure at a given CFT
SCu –
Second Cuncialtag
SIDO - Small Industries Development
Organisation
SP –
Selling Price
SP. – Second Probu
SPM –
Second Profit Made
SPT -
Selling Price Table
SR – Second
Regime
SSP –
Second Selling Price
TANROADS -
Tanzania Roads Agency
TAZARA -
Tanzania - Zambia Railway Authority
TBS - Tanzania Bureau of Standards
TIN -
Taxpayer Identification Number
TIRDO - Tanzania Industrial Research and
Development Organisation
TMM-Triple
Mechanism Model
TND – Total
Number of Days
TPA -
Tanzania Ports Authority
TR – Third
Regime
TRA –
Tanzania Railway Authority
TRA –
Tanzania Revenue Authority
TT - Time
Table
TTCL -
Tanzania Telecommunications Company Limited
URRP -
Urgent Roads Rehabilitation Programme
VAT – Value
Added Tax
VRN – VAT
Registration Number
ZTL -
Zanzibar Telecommunications Company Limited
Glossary:
Approximated
Customer’s Financial capital percentage Loss per Day (A%CFLD) is
the Customer’s Financial capital percentage Loss per Day approximated to four
decimal places.
Approximated
percentage figure is the product of Approximated
Customer’s Financial capital percentage Loss per Day (A%CFLD) and Total Number
of Days (TND).
Business
unit
is defined as a person or group of people joined together with the view of
production or any legal business.
Client
is a person who purchases Procuc Commodities.
Clieontism
is
the Procuc Interaction between Client one and Client two.
Cocuncialhalf
Commodity Flow Table (ChCFTa) is the table of values
which gives the relationship between Commodity Flow Figures (CFF-axis) with
Cocuncialhalves (Ch-axis) in the Ch-CFF plane when graphically determining POCU
percentage. Cocuncialhalf is the
difference between computable concialtags and a half. Cocuncialhalves are all
values found in Cocuncialhalf column.
Commercial
transaction is transfer of goods or services from
one part to another for a payment consideration.
Commodity
Flow Figures are the calculated figures which are
used in determination of Pocu Financial Gain and selling price (SP) of the cost
object at a given Commodity Flow Time.
Commodity
Flow Tables are tables of values constructed for
graphical determination of POCU percentage, Customer’s Gross Financial Gain percentage
and Buying Price of the cost object at different Commodity Flow Times.
Commodity
Flow Time (CFT) is the duration of the continuous supply
of Procuc Commodities to Clients.
Computable
Cuncialtag Commodity Flow Table (CCuFTa) is the table of values
which gives the relationship between Commodity Flow Figures (CFF – axis) with
Computable Cuncialtags (CCu – axis) in the CCu – CFF plane when graphically
determining POCU percentage.
Computable
Cuncialtag is the Highest Cuncialtag divided by 2n,
where n stands for Commodity Flow Number and the values of n are 0, 1,2,3,4,
and 5. Computable Cuncialtags are
all values found in Computable Cuncialtag column.
Cooperatives:
This type of business unit comprises an
association of individuals whose purpose is to perform some business function
for all its members.
Cucalofi
is the ratio of Customer’s Financial capital Loss to Customer’s Financial
Capital.
Cuficahitioperdnum
is
the product of the highest Tiocalization Percentage decimal numbers and
Customer’s Financial Capital.
Cuficatioper
is the sum of Customer’s Financial Capital and the product of Tiocalization
Percentage and Customer’s Financial Capital.
Cufigroca
is
the ratio of Customer’s Gross Financial Gain to Customer’s Financial Capital.
Cufiprocawia
is the sum of Customer’s Financial Payment per Proeperio (CFPP) and Customer’s
Financial capital Withdrawn Amount.
Cuinde
is the ratio of Customer’s Indemnity to Indecugroficome.
Cuncialtag
Commodity Flow Table (CuCFTa) is the table of values
which gives the relationship between Commodity Flow Figures (CFC-axis) with
Cuncialtags (Cu-axis) in the Cu- CFF plane when graphically determining
Customer’s Gross Financial Gain percentage.
Cuncialtag
is the ratio of the sum of Customer’s Financial Gain and a half of Customer’s
Financial Capital to Customer’s Financial Capital. Cuncialtags are all values found in Cuncialtag column.
Customer
is a person who adds financial capital to the Procuc Operator Financial
Capital.
Customer’s
Finacial Payment Figure is the ratio of Customer’s
Financial Payment at a given Commodity Flow Time to Selling Price of the cost
object.
Customer’s
Financial Capital is the money contributed to Procuc by
the Customer for the intention of purchasing Procuc Commodities in order to
meet Clients exigency and maximize financial profits of the Pocu.
Customer’s
Financial capital percentage Loss is the product of the
ratio of Customer’s Financial capital Loss to Customer’s Financial Capital and
100.It is the product of Cucalofi and 100.
Customer’s
Financial capital Percentage per Day is the percentage
which is used to determine how much the Customer can be paid per day in
accordance with his / her financial capital contributed to Procuc.
Customer’s
Financial capital Withdrawn Amount (CFWA) is the product
of Customer’s Financial income Percentage (%CFP) and Customer’s Financial
Capital (CFC)
Customer’s
Financial gain Percentage Aid is the product of the
ratio of Remained Cufiprocawia to Customer’s Financial Capital and 100. It is
the percentage which is used in calculating the Customers Gross Financial Gain.
Under this perspective, the sum of the product of %CFPA and CFC and the product
of CFD and Exceeding Days in a proeperio gives the Customer’s Gross Financial Gain. Customer’s Gross Financial Gain can
also be defined as the difference
between Customer’s Gross Financial income and Customer’s Financial Capital.
The product of Customer’s Gross Financial Gain percentage and Customer’s
Financial Capital do result into Customer’s
Gross Financial Gain.
Customer’s
Financial income per Day is the money earned by the
Customer in a day as the result of his / her financial capital contributed to
Procuc.
Customer’s
Financial Payment (CFP) at a given CFT is the sum of money
paid or expected to be paid to the Customer at a given Commodity Flow Time.
Customer’s
Financial Payment Percentage (%CFPP) at a given Commodity
Flow Time is the product of Customer’s Financial Payment Figure and 100.
Customer’s
Gross Financial Gain is the total amount exclusive of any
expenses received by the Customer at proeperio date that exceeds the Customer’s
Financial Capital.
Customer’s
Gross Financial Gain percentage is the product of the
ratio of Customer’s Gross Financial Gain to Customer’s Financial Capital and
100. It is the product of Cufigroca and 100.
Customer’s
Gross Financial income is the total amount of money
earned by the customer per proeperio from investing money in Prouc. It can also
be defined as the sum of Customer’s
Financial Capital and Customer’s Gross Financial Gain.
Customer’s
Indemnity is a sum of money that is given as payment for loss
by the Procuc Operator to the Customer who withdraws his/her financial capital
earliest from Procuc.
Customer’s
Indemnity percentage is the percentage which determines a
sum of money that is given as payment for loss by the Procuc Operator to the
Customer who withdraws his/her financial capital earliest from Procuc. It is
the product of the ratio of Customer’s Indemnity to sum of Customer’s Indemnity
and Customer’s Gross Financial income at a given Commodity Flow Time and 100.
Customer’s
Net Income
is
the difference between Customer’s Gross Financial income and Mutable Amount (MA).
Customer’s
Second Regime Payments (CSRP) are sum of money paid
or expected to be paid to the Customer during the Second Regime. CSRP is
mathematically defined as the sum of Customer’s Gross Financial income (CGF)
and RF formula. The Second Regime follows the nine- month Proeperio.
Customer's
Financial capital Loss is the difference between
Customer’s Financial capital and Customer’s Gross Financial income at a given
Commodity Flow Time.
Electronic
Fiscal Device (EFD) is a machine designed for use in
business for efficient control in areas of sales analysis and stock control
system.
Financial
capital refers to money used by entrepreneurs and business
to buy what they need to make their products or provide their services or to
that sector of the economy based on its operation, i.e. retail, corporate,
investment banking etc. Financial capital or just capital in finance and
accounting, refers to the funds provided by lender (and investors) to business
to purchase real capital equipment for producing goods / services.
Financial transaction
is an event or condition under the contract between a buyer and a seller to
exchange an asset for payment.
Income
is
the money that a person, a region, a country, etc. earns from work, from
investing money, from business, etc.
Indecugroficome
is a sum of Customer’s Indemnity and Customer’s Gross Financial income at a
given Commodity Flow Time.
Indemnity
is a sum of money that is given as payment for damage or loss.
Joint-Stock Company
(JSC) is a corporate association of persons formed to carry out certain
specific function.
Monetary
unit is the standard unit of value of a currency, as the dollar in the United States or the peso in Mexico.
Mutable Amount is the product of Customer’s
Gross Financial income and Mutable Percentage (MP)
Partnership
is the relationship between persons carrying on a business in
common with a view of making profit.
Percentage
is a way of expressing a number as a fraction of 100.
Poconism
is the Procuc Interaction between Procuc Operator and Client one.
Poctism
is the Procuc Interaction between Procuc Operator and Client two.
POCU
Financial Gain is the amount of monetary gain that the
Procuc Operator and the Customer get. It is the amount that exceeds Customer’s
Financial Capital.
POCU
percentage is the percentage which determines the Pocu
Financial Gain and objects selling price.
Pocuclientwism
is the Procuc Interaction between Pocu and Client two.
Pocuclieonism is the Procuc
Interaction between the Pocu and Client one.
Pocufigaper
Commodity Flow Table (PoCFTa) is the table of values
which gives the relationship between Commodity Flow Figures (CFF – axis) with
Pocufigapers (Po – axis) in the Po – CFF plane when graphically determining
Buying Price of the cost object.
Pocufigaper
is the Pocu Financial Gain divided by POCU percentage. Pocufigapers are all values found in Pocufigaper column.
Pocuism
is the Procuc Interaction between Procuc Operator and Customer.
Poculization
is the act of the Procuc Operator and Customer to operate Procuc as a single
entity.
Pogronancialhaf
is
the difference between the ratio of Pogronancialgain to Customer’s Financial
Capital and a half. Pogronancialhaves are all values found
in pogronancialhaf column.
Pogronancialhalf
Commodity Flow Table (PhCFTa) is the table of values
which gives the relationship between Commodity Flow Figures (CFF-axis) with
pogronancialhaves (Ph-axis) in the Ph-CFF plane when graphically determining
POCU Percentage.
Probu
Commodity Flow Table (PCFTa) is the table of values
which gives the relationship between Commodity Flow Figures (CFF – axis) with
Probus (P – axis) in the P – CFF plane when graphically determining POCU
percentage.
Probu
is
the ratio of Profit Made to Buying Price of the cost object. Probus are all values found in Probu
column.
Procuc
Financial Capital (PFC) is the amount of money invested by
the Procuc Operator and the Customer to Procuc.
Procuc
Operation Mechanism
is
the way how Procuc System Team (PST), Banks and the Government work together in
order to make sure that, Procuc System objectives are met by acting according
to the prescribed conditions of running Procuc, provided that each agent
performs the duties conscientiously and accordingly without any interference.
Procuc
Operator (Proprietor) is a person who runs Procuc.
Procuc
Operator Actual Net Income is the difference between Procuc
Operator Actual Turnover and Net Tax payable, where, Net Tax payable is the
calculated Income Tax by Revenue Authority due to Estimates of Annual Income or
Turnover for the Year of Income.
Procuc
Operator Actual Turnover is the difference between
Electronic Fiscal Device Reading (EFDR) and Customer’s Gross Financial income
(CGF).
Procuc
Operator Grand Total Gross Financial Gain (POGTGFG)
is the sum of the Procuc Operator
Total Gross Financial Gain (POTGFG) and Procuc Operator Gross Financial Gain
due to Customer’s Financial Capital (POGFG;CFC).
Procuc
Operator Rough Net Income is the difference between Procuc
Operator Rough Turnover and Net Tax Payable (NTP), where, Net Tax Payable is
the calculated Income Tax by Revenue Authority due to Estimates of Annual
Income or Turnover for the Year of Income.
Procuc
Operator Rough Turnover is the Topropegrafig.
Procuc
Operator Total Gross Financial Gain is the sum of the
Procuc Operator Gross Financial Gain due to Procuc Operator Financial Capital
as Profit (POGFG;POFC;p) and Procuc Operator Gross Financial Gain Obtained as a
Customer due to Procuc Operator Financial Capital (POGFG;POFC;c).
Procuc
refers to the operating business in Procuc System.
Procuc
System is the technique used to operate in business by
involving three agents viz. the Proprietor,
Customer and Client.
Procuciologist
is a person who studies Procuc System.
Procuciology
is the study of Procuc System.
Procucs
(singular: Procuc) are businesses or projects that can generate high rate of
returns on the invested capital.
Procuclization
is the act of Procuc System Agents to operate Procuc.
Procusysiator refers to Procuc
System Initiator.
Proeperio
is the entr’acte between the time of commencement of Procuc and the ending of
Procuc. It is the period of time that a Procuc Operator runs Procuc.
Proficug
Commodity Flow Table (Pr CFTa) is the table of values
which gives the relationship between Commodity Flow Figures (CFF – axis) with
Proficugs (Pr– axis) in the Pr- CFF plane when graphically determining POCU
percentage.
Proficug
is
the ratio of the sum of Procuc Operator Financial Gain and Customer’s Financial
Gain to Customer’s Financial Capital.
Proficugs are all values found in Proficug column.
Prosperio
is the time of initiation of Proculization or Poculization. It is when a Procuc
Operator initiates Procuc.
Public
corporation is
the Joint Stock Company in which the Government holds either the entire share
or a majority of it.
Regimefractio-one
are Regime Fractions including One that differ by a quarter from the
First Sub – Regime Fraction which is ¼.
Remained
Approximated percentage figure is the difference
between Approximated percentage figure (Apf) and Customer’s Financial capital
percentage Loss (%CFL).
Remained
Cufiprocawia is the difference between Cufiprocawia
(cf) and Customer’s Financial Capital (CFC).
Selling
Price is the price at which something is offered for
sale. In Procuc System, Selling Price at a given Commodity Flow Time is the
sum of the Pocu Financial Gain and Buying Price.
Sole proprietorship,
also known as the sole trade or simply a proprietorship, is a
type of business entity that is owned and run by one individual and in which
there is no legal distinction between the owner and the business.
Stargaiprofit
means starting gaining profit.
Tiocaliza
is the time of canceling Poculization Agreement.
Tiocalization
is the act of canceling Poculization Agreement.
Tonumo
is the ratio of Total Number of Days (TND) at a given Commodity Flow Time (CFT)
to Number of Days per Month (NDM).
Tonutwee
is the ratio of Total Number of Days (TND) at a given Commodity Flow Time (CFT)
to Number of Days per Two Weeks (NDTW).
Tonuwee
is the ratio of Total Number of Days (TND ) at a given Commodity Flow Time (CFT) to Number
of Days per Week (NDW) .
Topropegrafig
is defined as the sum of the Procuc Operator Financial Capital and the sum of
the Procuc Operator Total Gross Financial Gain and Procuc Operator Gross
Financial Gain due to Customer’s Financial Capital. It can also be defined as the sum of the Procuc Operator Financial
Capital (POFC) and Procuc Operator
Grand Total Gross Financial Gain (POGTGFG).
Z
report is a summary of sales report generated by an EFD on
daily, monthly or annual basis. The report(s) helps the business to account for
revenue and also minimizes cash losses i.e. reconcile end of day cash counts
and the balances contained therein. It also crosschecks the total of fiscal
receipts/invoice issued with the actual totals of individual receipts issued.
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