Revenue Cycle: Sales and Cash Collection

Business Activity
1. Sales Order Entry
2. Delivery
3. Billing and Accounts Receivable
4. Cash Collection
Controlling
1. Purpose
  1. All transactions are properly authorized
  2. All transactions are recorded is valid
  3. All transactions are valid, and validated, it has been noted
  4. All transactions are recorded accurately
  5. Assets safeguarded from loss or theft
  6. Business activities are carried out effectively and efficiently
2. Threat
  1. Sales order entry
    1. Customer orders that are incomplete or inaccurate
    2. Credit sales to cutomers
    3. The legitimacy of the order
    4. Ending inventory, Cost of the storage of, and price reduction
  2. Delivery
    1. Delivery Errors
    2. Inventory theft
  3. Billing and accounts receivable
    1. Failure to bill customers
    2. Errors in billing
    3. Errors in entering data
  4. Csh collection
    1. Theft of cash
Common Problems of Control
1. Loss of Data
2. Poor Performance

Resumo de Recurso

	Criado por isnainifitri88 quase 13 anos atrás