Sale Audit… How to Audit the Sales Order and Sales invoices ?

Audit of Accounts Receivables ( Debtors )

 

In our journey of making our Sale audit better and more effectively done earlier we have discussed about –

What important points to be check while auditing ? when you are –

1.Taking New Sales Order – https://mlgassociates.in/if-you-are-doing-your-sales-order-audit-correctly  (Click and Read)

2.Creating New Customer – https://mlgassociates.in/new-customer-creation(Click and Read)

Today’s Topic gonna be New HSC/SAC Code and Gate Out Record

HSC/SAC Code

 

If your HSC code is wrong then it will create troubles for you.

If your industry have 8 digit HSC code and you entered 6 digits this will create troubles and if you have 6 digit code and you make the code by prefixing/suffixing it with 00,01 & 10 this will again creates trouble to you.

SOP should be followed.

Talk and consult with your Consultants about sales or purchase item’s new or already entered wrong codes and improve things as much as possible.

 

Gate Out Record

 

If just invoice making is sufficient for recording material to be out from your place ?

What is the proof of Material gets out of your sites main gate after making invoice ?

You should check this. Also check whether your ERP has a feature Like finsys- main exe.-F2, Web Finsys -Scaning feature that who let the material to be out from gate and at what time and also from which transport?

 Get Out gives you control of seeing with proof that when the material gets off from your site.

For more such points which are important for your internal audit will gonna be discussed soon, just stay tuned.

For more information and clarity watch the video below by – Mr. Sangeet Kumar Gupta, F.C.A and Co-founder of Finsys .

 

Video Shot at Jaipur Marriot

 

What are the good things you must see during audit of the Sales Side. Debtors, Prices, Sale order and so many things.. Practical Ideas.

Audit of Accounts Receivables ( Debtors )

is a Good thing to do