Petram PLC introduced Sales Data Collector (SDC), a new device that helps taxpayers store data without paper and sends end-of-day report (Z-report) automatically to the Ethiopian Revenue and Customs Authority.

The device is developed by BMC International, a Japanese company that helped the Ethiopian government launch its fiscal cash register program.

“The SDC can store at least 10 million receipts,” Tetsuo Yamada, President of BMC International, said during the intoduction of the product on Monday November 11, 2013.

Abdulkarim Badri, Managing Director of Petram, said the SDC is cost effective as it is durable and maintenance free.

Yamada said the price of the device is 250 euro. “This is cheaper compared to the e-mobile, which costs up to 180 euro as the later is subject to redundant maintenance,” said Yamada.

Petram is negotiationg with BMC International to further push the price lower, according to Abdulkarim.

Source: Capital