Creating the shipping document can make it easier and

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customer details. Creating the shipping document can make it easier and faster for Dreamplus to ship items for the customer. The potential danger of do not record and keep shipping document is
will cause a duplication of shipment to the same customer. The miss of shipping documents throughout the process will cause holdups and delays the items. 8. Prepare and review an Open-Order weekly Open-order report is a report used to track and shipping status of pending orders and the incomplete orders will be investigated. This may be caused by the items are out of stock. Open- order report enables Dreamplus to resolve open order in a timely and effective manner. This behavior will also let the customer be more confident and a sense of trust in our company. Thus, this will cause our company has a good image and reputation. If open order is not followed up, it will cause a late delivery or forgot to ship the items to the customers. This might be caused the customer to complain about our company services. 9. Produce an aged receivables report on a monthly basis An aged receivable report is a record that shows the unpaid invoice balance and its outstanding period. It is a list of customer balance reported in categories such as less than 30 days, 30- 60days, 60-90days, more than 90 days based on time expired since the date of the sales invoice (Commercial Capital LLC, 2011). Companies can use this information to create collection letters to send to customer with overdue balance. It is used to ensure that money is received for the invoice raised and it will improve company cash flow. It will cause the company to actively pursue old or overdue balance and is helpful in selling practices and laying out credit. The potential risk is the cash cannot be received back and will cause our company to have a cash flow problem. It will also increase the uncollected debt. 10. Processing and recording cash receipts Cash is the most liquid of all assets, so all cash or cheques receipts recorded in the cash receipts journal is helping Dreamplus to facilitate access to obtain correct information on cash flow and balance. Dreamplus employee recorded the cash receipts in the daily method as will be more accurate and provides more assurance that proves Dreamplus does not have a cash shortage operations. It can also help avoid the risk of audit problems. Without processing and recording cash receipt will lead to incomplete accounting records which can be risky in the long run. Furthermore, it will easily be theft and withdraw by the employee as Dreamplus didn't have a document to prove that money theft by the employee is company money.
Purchases and payable cycle The purchase and payable cycle is a process which start with analysis, making purchase decision until the final the final payment of the purchase is done. The purchase and payable cycle is necessary for every company and business; it is to comprises all the activities which related to expenses.

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