ucp trading company
TRANSCRIPT
-
8/3/2019 Ucp Trading Company
1/14
UCP TRADINGUCP TRADINGCOMPANYCOMPANY
SALES DEPARTMENTSALES DEPARTMENT
NAME Designation Roll No.
M.Saleem Mushtaq Sales Manager 5039
Ms.Khadija Jamil Sales officer 1140
Zohaib Naz Account Receivable Manager 5074
Ms.Amna Younas Account Receivable Officer 1182
-
8/3/2019 Ucp Trading Company
2/14
-
8/3/2019 Ucp Trading Company
3/14
Objective of projectObjective of project
Learning about Practical Work flowLearning about Practical Work flow
Understanding the flow of informationUnderstanding the flow of information
Established criteria of Internal Control SystemEstablished criteria of Internal Control System Coordination of with other departmentsCoordination of with other departments
Hierarchy of Company & importance of eachHierarchy of Company & importance of each
department or wingdepartment or wing Business is about Computer TradingBusiness is about Computer Trading
-
8/3/2019 Ucp Trading Company
4/14
Hierarchy of CompanyHierarchy of CompanyBOD
Accounts Payable
Accounts
Internal Control
A/C Receivable
PurchaseSALE
Payroll
AdministrationStore
-
8/3/2019 Ucp Trading Company
5/14
Hierarchy of CompanyHierarchy of CompanyBOD
Accounts Payable
Accounts
Internal Control
A/C Receivable
PurchaseSALE
Payroll
AdministrationStore
-
8/3/2019 Ucp Trading Company
6/14
Objective of Sale DepartmentObjective of Sale Department
Sales is as important as ProfitSales is as important as Profit
Sales of productsSales of products
Revenue collection because profitRevenue collection because profit
generate from salegenerate from sale
Establishment of different policies regarding salesEstablishment of different policies regarding sales
Accounts Receivable/ Debtors supervision andAccounts Receivable/ Debtors supervision and
enhances the salesenhances the sales
Make different strategies regarding salesMake different strategies regarding sales
-
8/3/2019 Ucp Trading Company
7/14
Objective of EmployeeObjective of Employee
4 employee in Sales department4 employee in Sales department
2 employee in Sales & 2 employee in Account2 employee in Sales & 2 employee in AccountReceivable RespectivelyReceivable Respectively
To prove that we have challenging powerTo prove that we have challenging power To prove that we can do best for our companyTo prove that we can do best for our company
To establish the best criteria for sale in companyTo establish the best criteria for sale in company
To establish the best policies of the sales and AccountTo establish the best policies of the sales and AccountReceivable.Receivable.
To give maximum output so that company earn moreTo give maximum output so that company earn more
-
8/3/2019 Ucp Trading Company
8/14
No. of DocumentNo. of Document -- ProceedsProceeds
Sales QuotationSales Quotation
Sales InvoiceSales Invoice
Sales OrderSales Order Delivery ChallanDelivery Challan
Sale ReportSale Report
Stock ReportStock Report
-
8/3/2019 Ucp Trading Company
9/14
No. of DocumentsNo. of Documents -- ReceivedReceived
Bidding from purchaseBidding from purchase
Cost price list from purchaseCost price list from purchase
Account ReceivableAccount Receivable -- InstructionInstructionAvailability of Goods in storeAvailability of Goods in store
Approval of CustomersApproval of Customers
Debtor List by A/RDebtor List by A/R Policies Designed by Account ReceivablesPolicies Designed by Account Receivables
-
8/3/2019 Ucp Trading Company
10/14
Flow of Tasks/ IntegrationFlow of Tasks/ Integration
Sales
Department
Store Purchases
Account
Receivable
CustomersSupply of goods
Quotation
Invoice
P.O
Supplies
Sale Order
Sale Order
Goods Availability
Credit Approval
Delivery Order
-
8/3/2019 Ucp Trading Company
11/14
LimitationLimitation
Company working condition is not friendlyCompany working condition is not friendly
environment or effectiveenvironment or effective
Policies are there but Implementation is notPolicies are there but Implementation is nottherethere
Lack of Coordination between departmentLack of Coordination between department
Mechanistic environment not organicMechanistic environment not organic
-
8/3/2019 Ucp Trading Company
12/14
Valuation of Other DepartmentsValuation of Other Departments
Accounts department : Very GoodAccounts department : Very Good
Accounts department : AverageAccounts department : Average
Payroll Department : ExcellentPayroll Department : Excellent Purchase Department : GoodPurchase Department : Good
Store Department : AverageStore Department : Average
Accounts Receivable: Very GoodAccounts Receivable: Very Good Internal Control Department : ExcellentInternal Control Department : Excellent
-
8/3/2019 Ucp Trading Company
13/14
Auditors Query???Auditors Query???
P.O number is not mentioned on Sales Invoice?P.O number is not mentioned on Sales Invoice?
Sales order towards store is not authorized?Sales order towards store is not authorized?
Sales Invoice is somewhat not certified howeverSales Invoice is somewhat not certified howevereven sale manager prepared the invoice?even sale manager prepared the invoice?
Why do not sale goods on Credit Base?Why do not sale goods on Credit Base?
-
8/3/2019 Ucp Trading Company
14/14
TH
ANKS TO ALL OF
YOUTH
ANKS TO ALL OF
YOU