Faculty of Business and Technology Department of Business and Economics The Theme Practical Training 2 Material Management Coach: Paul Vellas Presented by: Eduart Gjona Matriculation No.:_____000____ Address: Rruga e Vjeter te Spitalit Tel.: 0698105461 E-Mail: Eduart.gjona@ng-university.org Study course: Business and Economics Place and Date: Pogradec‚ October 7st 2013 Table of contents 1. Abstract 2. Introduction 3. Short History of Selena Hotel 4. General
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Point of Sale The point of sale is the place and time at which a transaction takes place. Whenever a buyer and seller come together for the purpose of conducting a transaction‚ a point of sale is created. Also called a point of purchase‚ a point of sale can take a wide variety of forms. The cash register line in a gasoline fueling station is a point of sale‚ for example‚ as is the checkout page in an online store. The point of sale can be a salesperson’s desk in an auto dealership‚ as another example
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1. Cash receipt procedures. Confirm that persons receiving cash are authorized. Evaluate mailroom cash receipt procedures. Confirm that surveillance cameras are recording properly. Confirm pre-numbered receipts are issued. Evaluate procedures for out of sequence receipts. Confirm cash deposits are made by a person other than those approved to receive cash. Confirm deposit reconciliations are made by a person other than the persons receiving and depositing cash. 2. Cash receipts are deposited
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Vegetarian Meal @ Rs. 60 Total Rs 2940/- For any queries contact : Mr. ZZZZ @ 9867xxxxxx email : YYYY@ZZZZZ.net Yours sincerely‚ AAAAAAA Principal This circular must be acknowledged on page 176 of the school calendar within two days on receipt of the same. ------------------TEAR FROM HERE FOR OFFICE USE TO BE FILLED BY THE PARENTS ----------------- CHEQUE :- In favor of " XXX PVT. LTD " NAME OF THE STUDENT : _____________________________________________ CLASS _____
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that may bring harm to their company. b. In the sales/cash receipts system of Spring Water‚ there were 3 different levels of authorized people doing their respective independent job of processing their company daily sales. They have the main control strength of segregation of duties among the employees from different positions:- -The sales person mainly focus on the recording of initial order by customer‚ then print the sales receipt from cash register that shows the total‚ any discounts‚ sales
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detect theft. Receipt of Goods: Steps: 1. Upon receipt of goods‚ Betta Burger will receive a delivery note/supplier invoice with all the details of the stock ordered. 2. Before record keeping is performed‚ the stock clerk needs to inspect the goods to ensure that it meets the requirements. This includes evaluation of the quality of stock as well as comparison between the quantity delivered and the number of units ordered. 3. The senior manager will need to sign for the receipt of stock‚ in good
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THE INTERNAL CONTROL SYSTEM The internal control system includes all the strategies‚ policies and procedures adopted or instituted by the management of an entity to assist in their objective achieving as far as practicable‚ the orderly and efficient conduct of the business and includes adherence and compliance to management policies and applicable laws and regulations; the safeguarding of assets; the prevention and detection of fraud and error‚ the accuracy‚ reliability and completeness of the accounting
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Instead of income being recorded to the credit side of Profit and Loss (as would be done in a business)‚ it is instead recorded to the credit side of Income and Expenditure. Please note that the Income and Expenditure Account is different to the Receipts and Payments
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Sales and Inventory Management System CHAPTER I – THEPROBLEM I. INTRODUCTION Indeed‚ automation process or electronic-based operations have invaded every work place. It is being employed into operational activities to be able to simplify all related activities and operations. Every business owner wants to know which product sells the most‚ which customer(s) or client(s) buys frequently‚ how much inventory is on hand‚ and what method is preferred by customer when paying and how much did they actually
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businesses. While they traditionally referred to an automated cash register‚ modern technology has seen that change to include a number of other elements that all make a business more efficient and easier to run. Common POS systems include a computer‚ receipt printer‚ lockable cash drawer‚ a scanner to read the bar code‚ a magnetic swipe reader and a modem and pole display. Then there is the POS software. POS systems these days have come a long way from the early ones and do much more work. In fact they
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