Acc 700 Newham Company

First, we conducted risk-based approach with data analysis techniques-unusual invoice and unusual comments, to identify the unusual items that are in the accounts receivable detailed listing, and tested whether there are invoices outside the expected range of invoice number and “special” comments associated with accounts receivable items. As a result, there were no invoice number out of range, and Invoice 1000919, 1000845, 1001097 are “special” comments associated with accounts receivable.

This control is directly related to the accuracy transaction-related audit objective for sales. The auditor might test the effectiveness of this control by examining a sample of duplicate sales invoices for the clerk’s initials indicating that the unit selling price was verified.

3. What skills have I acquired from the development of the GC&E Portfolio that will benefit me in the workforce, in an interview, in a career?

Please note that this Assessment document has 8 pages and is made up of 7 Sections.

Of the various assignments completed in this portfolio, four of them were the most meaningful to me. The “First

For this assignment, I will be explaining how my portfolio, meets my target audience and purpose.

Today a mishap transpired with an order that appeared to be incomplete. Although, this had not been caught until the entire order was on the truck. All the contents were cleared to find the two missing boxes, which caused three extra hours of unnecessary work. However, this occurrence rarely happens and can be avoided in the future by double checking orders to their invoices.

The system will automatically update data inventory for raw material once a shipment has been confirmed from an approved manager’s wireless device. The System shall provide a large data server for all invoices to be scanned in and stored for record purposes. Invoices scanned in will be stored by a Date-Time-Company Code-Order Number, as well as a search function providing employees the ability to retrieve original invoice forms. The system will update all data servers for receiving, shipping, raw materials used and final products produced continuously throughout day-to-day operations.

#1 - X Corporation Gross Profits 20,000 Dividends 5,000 LTCG 2,500 Gross Income 27,500 Salaries Paid 10,250 DRD – 70% 3,500 (70%*5,000) Depreciation Exp. 2,800 LTCL 2,500 (Ltd. to LTCG) Deductions 19,500 Gross Income 27,500 Deductions (19,500) Taxable Income 8,450

The artifacts section of the portfolio is present the works I have done through my time in the MPA program. The artifacts range from the assignments I needed to complete from my courses to my internship experience. The purpose of this section is to displace how each of the work helped increase my skills and competencies as a public administrator.

Currently the methods of electronic invoicing used at SeaCube include only direct emails but vary in the forms of files sent dependent upon each customer preference. In Some situations PDF copies of invoices are created and emailed so that customer can print and review their bills on their own terms. Other customers prefer excel formats of invoices tailored to their specific requests which although time consuming, is still preferred to paper bills. Electronic formats available in the company’s billing module, Mistral include CSV exports, text files and XLS files. The system can automatically take the monthly invoice and generate it into the preferred file form which can set up by customer in the system as a preference for that particular customer. Once these files are generated they can be opened, checked for error and saved on the network drive for future reference.

The invoice contains a range of contact details and also an FAQ section; these are strengths because it helps customers with any

If you want to build a quality portfolio you have to focus on these three things:

Timeliness of reporting improves a businesses accounts receivable. Using a software program that is designed so that when product is supplied to customers, despatch staff input the supply to ABS Company, and then accountings department have the information in the system therefore invoices can be generated on time. Payment can be received on due date, and purchase department also know what product needs restocked simply by viewing the system.

Are you running a home based organization? Making profits and shinning up though business is not a very easy job to accomplish these days. You need to accommodate your organization with all the required business materials to deal with the competitors. Invoice is considered to be one of the most essential business materials. You can track all the record of your transaction through a proper invoicing. It doesn’t matter you are trading in national or international levels; if you provide proper invoice along with your services, it will automatically increase the brand value of your business. Apart from these, invoice helps to maintain a professionalism of your respective organization.