Professional Documents
Culture Documents
Group members:
• Aziem Mukriz bin Abdullah 2012673222
• Muhamad Nabil Fauzan bin Azman 2013874174
• Muszahidah binti Mustafa 2013243488
• Nur ‘Ain binti Yusoff 2013207572
• Nur Ameera binti Azizan 2013681986
-Delima Enterprise
- Encik Zayed as a founder
1981 -Trading & supply products,
manpower supplies.
-Business growth
- Delima Enterprise Sdn Bhd
- Controlling director (husb wife)
- basis position in the company are family
2004 members
- Mission : become a leading service contractor
and provide quality product and excellent
services.
- been awarded: RM 1.0 mil cumm revenue.
-Continue business as usual
2005 - been awarded: RM 1.7 mil
cumm revenue.
• 1. Preparation of credit
CREDIT NOTES notes for valid claims of
AND defective goods
ADJUSTMENTS
• 1. Following up overdue
debts
OVERDUES • 2. Adequate provision made
for doubtful debts
STANDARD OPERATING PROCEDURE FOR
PURCHASES & PAYMENT
• 1. Requisition of goods
ORDERING • 2. Ordering goods
• 1. Receipt of goods
• 2. Checking
RECEIPTS • 3. Claims for short deliveries or defective goods
OF GOODS • 4. Putting goods into store
• 1. Receiving invoices
• 2. Checking invoice
• 3. Coding invoice
PROCESSING • 4. Overall approval of invoice
INVOICE AND • 5. Processing invoice for purchase journal
SETTING UP • 6. Processing invoice for creditors ledger
LIABILITY
• 7. Reconciliation of creditor ledger account with suppliers statement.
STANDARD OPERATING PROCEDURE FOR
PURCHASES & PAYMENT
• 1. Selection of item for payment
• 2. Preparation of cheques
• 3. Approval of cheques
• 4. Signature of cheques
• 5. Enter cheques in cash book
PAYMENT • 6. Posting of payment to creditor ledger
• 7. Checking of bank statement with cash book
GENERAL
STANDARD OPERATING PROCEDURE
FOR PAYROLL PROCESS
Update Employee Master File
Alter Deductions
Review Reports
Issue Payments
Back Up Data
Lock Down The Period
Deposit Taxes
Investigation Errors
Problem: The employees prepared
their timesheets manually.
• Inefficient
• Easily misplaced/lost
Suggestions
• Used automated timekeeping systems
• Keep it simple
MYOB
CURRENT FINANCIAL
SOFTWARE WAS NOT
INTEGRATED Documents were manually
prepared.
Cash Book
SOLUTIONS..? New skills & knowledge can be
acquired.
Employees feel
Employee training supported and enabled in
their work.
& development
Wider impact in
the organisation.
Upgrade the
accounting software
MYOB Essentials
MYOB AccountRight
POOR
SEGREGATION OF
Others..
DUTIES
Withdrawals were made without
proper documentation.
Preparation of accounts
Authorization – approving
SOLUTIONS..? transactions and decisions
Recording –
Segregation of preparing source
Duties documents
Custody
- handling cash, tools,
inventory, or fixed assets;
- receiving incoming cheques;
- writing cheques
Employee Job
Descriptions
HR &
Operations Finance
Administration
Manager Manager
Manager
Project Clerical
Supervisor Assistant
Project Team
THE END