"Proposal for appropriate controls to cover cash sales accounts receivable inventory and production" Essays and Research Papers

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    whole country especially wholesale clients. The Yakult Marketing Corporation (YMC) retails their products and incorporates the Yakult Lady System that started in Metro Manila and NCR‚ then adapted by distributors all over the country. The Prohealth Sales Distributor Corporation which is the exclusive Yakult distributor in La Union started its operation in March 15‚ 2004. The Company orders its stocks from the Yakult Philippines Incorporated (YPI) and also adapted the Yakult Lady system of the Yakult

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    Sales and Inventory System

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    1.0 Introduction Sales and Inventory System is a computer based way of checking and auditing of the sales of the company‚ it is faster and more reliable rather than doing manually. The system can lessen errors in editing and can be easily accessed any time by the company. Sales and Inventory System makes the company more productive‚ efficient‚ and convenient to the company and its customers. The system is meant to help the company show more relevant items to the customers‚ hoping to expedite

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    Inventory Control System

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    Inventory Control Systems QRB/501 April 15‚ 2013 Thomas Allen Inventory Control Systems For most retailers and manufacturing companies‚ the right inventory control system can help an organization maximize profits while reducing inventory costs. These systems are widely sought after by large‚ medium‚ and small size organizations in the assistance relating to timing and quantity production. Retailers and manufacturing companies need to decide when to order product from suppliers to satisfy the

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    Receivables

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    THEME: ACCOUNTS PAYABLE By John W. Day‚ MBA ACCOUNTING TERM: Accounts Payable An account payable is normally an unsecured‚ non-interest bearing current liability‚ owed by the company to a vendor for the purchase of trade goods or services. FEATURE ARTICLE: Accounts Payable Accounting If you are a small business owner or manager and you are having trouble keeping track of all those outstanding bills that have to be paid each month‚ perhaps you need to set up an accounts payable system. Some small

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    Sales Inventory Systems

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    Sales inventory systems are often standardised i.e. A business will adopt a general model for their own use.  This means that they are able to track sales of a product and match it against their existing inventory to regulate how much stock they keep to hand and how much it costs them to do so.  Obviously this is necessary for any business in order to run efficiently.  However‚ adopting a general model means that it may not be optimised for the particular stock/business in question.  For example

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    Question 19. Dr Accounts Receivable Cr Dr Allowance for Uncollectibles Cr Jan 1. 82‚900 c. 4‚400 c. 4‚400 Jan 1. 8‚700 a. 240‚000 d. 231‚200 b. 4‚800 Dec 31. 87‚300 Dec 31. 9‚100 Dr Bad Debt Expense . Dr Sales Cr b. 4‚800 . a. 240‚000 Dec 31. 4‚800 Dec 31. 240‚000 Dr Cash Cr d.

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    Sales and Inventory System

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    minimize time and efforts consumed by using manual system. One way to save time and effort is to start using Sales and Inventory System. A sale refers to the exchange of product or services for an amount of money or its equivalent while making Inventory in a business is a total amount of goods and the act of counting them. Inventory is merchandise in-stock and on hand‚ also known as stock. Inventory is basically the total amount of goods and materials held in stock by a factory‚ store and other business

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    Dictionary (Sales Form) NAME DESCRIPTION OBJECT USED Sales Grid Display the record product in table form. Data Grid Txt item num Display the item number of products. Textbox Txt descri Display the description of product. Textbox Txt price Display the price of product Textbox Txt av_item Display the present quantity of product. textbox Txt qnty Input the desired item quantity of of user. textbox Txt amount Display the total amount of chosen product. textbox (Amount=price*quantity) Txt cash Input

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    today’s business environment‚ even small and mid-sized businesses have come to rely on computerized sales and inventory systems. Certainly‚ there are plenty of small retail outlets‚ manufacturers‚ and other businesses that continue to rely on manual means of inventory tracking. Indeed‚ for some small businesses‚ like convenience stores‚ shoe stores‚ or computer shops‚ purchase of an electronic inventory tracking system might constitute a wasteful use of financial resources. But for other firms operating

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    companies is the sales system and inventory system creating a window based system. Inventories are often the largest asset of company and a precise inventory management system is often needed to take into accent the sales‚ orders and the need for replenishments. It also ensures that goods are always stocked to an optimum level to meet customer demands. One of the most samples of overstock levels is Hardware’s‚ Marketing’s and the Furniture’s that are using manuals. A sale is an activity

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