Audit of New Customer Creation

 

Today we are discussing New Customer Creation as an important area for the audit of Sale Audit.

Read this last post before reading further to get more clarification by clicking on the link :

https://mlgassociates.in/if-you-are-doing-your-sales-order-audit-correctly

–Following are some points you should check while entering New customer in your ERP–

 

 

Which New Customers are created in this month ?

Have you followed the SoP of their account creation?

Have you entered their correct GST no. ?-If even a single digit of GST no. entered is incorrect then the GST Return gets wrong and the customer will not get ITC.

What is the Credit Limit of New Customer ?-Are you approving Credit limits?

If the PINCODE is correct ?-The E-way Bills and E-invoice gets stuck if the pincode is wrong  because it also has distance concept. Address should be correct.

Till now we discussed about New sale order and New customer creation, next will discuss about further things to be taken care for Sale audit.

 

Stay tuned for more such informative content and see the video below by – Mr. Sangeet Kumar Gupta, F.C.A and Co-founder of Finsys for further information and more clarity .