Checks are promptly endorsed "For Deposit Only" 2. No list of the checks is prepared by the person opening the mail 3.The mail is opened either by the cashier or by the employee who maintains the accounts receivable records 4.Mail receipts are deposited in the bank weekly by the cashier The purpose of internal controls is the related methods and procedures adopted within an organization to safeguard its assets and to enhance the accuracy and reliability of its accounting records. While I have no indication that employees are stealing, just currently there is no way to be 100% sure. For this reason, my recommendations for improvements of the mail cash receipts process are as follows:
Without this we wouldn’t be able to show what is going on in the business at the end of the year at tax time. The management information system will keep records of all our customers that come in on a daily basic to purchase or if they happened to go online we will have it all store there in their name. (Rainer, 2011)If they happened to come in and don’t have a receipt we would be able to go in our filing system and look their name and she if they have purchase that particular item from the store. Finally but last we will be using this system to keep everything on our business for our records. This is executive dashboard which will be used to file all our information of what is going on in the record
Task 1 Supply Chain Karen Wilson ID 0299047 Western Governor’s University My actions during the simulation were very consistent. I chose the names of the company, the models of the PC’s and the names of the advertisements very deliberately. I used the notion that the customer buys products as an extension of themselves and their perceptions. I monitored the Pro Forma quarterly, just trying to maintain a profit. I did not consider any changes until the fourth quarter.
ACC 548 Week 5 Learning Team Assignment Reporting Requirements M to purchase http://allmysolution.com/ACC-548_c119.htm Product Description One issue in accounting is the qualifications of an accountant when working for a client. It is expected that a CPA will not engage in an assignment without proper qualifications. Your firm has the ability to bid on two projects: the first is engagement and examination work—not consulting or audit—for a small county hospital. The second is work for a private, not-for-profit nursing home. Prepare a memo of 700-1,050 words for the senior partner.
They see the short-term loan as a quick fix that can get them through to the next payday. These lenders don’t require any kind of credit check or form of collateral. A user can walk into a payday loan shop with some identification, a recent paystub, and a check and literally walk out 15 minutes later with cash in hand. Researchers argue that many payday loan customers may not even know what an APR is, let alone have any basis for judging whether 400 percent is high or low (Fisman, 2009). Things start to spiral out of control when borrowers are unable to make their payment.
Evelyn Perez – Lopez Final Report For my job in Panda Express my first objective was to be able to operate the cash register on my own making the least mistakes as possible. By my third week in the register, I was already able to function with it all on my own with no supervision at all. Although I still need some help with improving my speed with helping customer with a much faster pace. I have learned to control how many deletes I do in the register to a minimum of at least 12 up front in the register. I have learned how to make conversations with customers and make them have a better experience, apologize for any inconvenience that they experienced during their visit and also how to deal with angry customers.
2. Customer expectations Customers expected that the business website load up quickly and all the links work without annoying pop ups. Products should be up to date and its prices easy to access beside its terms and condition, and having privacy and security in the site. Also they require to view FAQ page
Most companies working under the current system of picture identity and social security card, which we have discovered fraudulent documents can easily purchased or shared among people. The process to do E-Verify is simple and requires very little time to enter required information, and can be filed with the employees records in addition to the I-9 form. I will definitely use this program when I start my business, this will ensure that I am hiring personal authorized to work in the United States, this to me a second step to ensure I avoid fines and legal issues in the future when
Statements and daily invoices can then be sent electronically to customers through email. Reporting When using this new accounting system users will be able to create a variety of financial reports that are standard to most small businesses. They consist of year-over-year income, expense, trends and forecasting documents. Each report may also be exported into a Microsoft Excel spread sheet format, which is then sent electronically through email. User Friendly The developers of this new off the shelf software designed it to be very user friendly.
This would provide a new level or marketing and several new avenues for lower cost advertising that wouldn’t be possible without proper internet marketing for the café. The e-business would allow for the products to be sold online on an automated ordering system that doesn’t require any face to face interaction and the user controls the order. We now can sell more coffee and penetrate new geographical areas that wouldn’t be possible from the actual store location. Also, the café can conduct business 24 hours without the physical location even being open. This should definitely help with sales since the overhead for the e-business requires little attention besides processing the orders once they are