BAS+Preparation+&+CPH+Sales+Processing+&+Proforma+process+of+picking+and+packing

@CPH Group

Accounting Process @Sales and Purchase Process Cycle

Work Paper:

1. BAS Report. ---summary 2. Purchase GST Detail Sales GST Detail Look at TAX Code, should check if the tax code is correct or not 3. Work paper 4. PAYG 5. BAS to ATO work paper Such as, Adjustment

CPH BAS is lodged before 21 monthly

IF lodge tax quarterly:

IAS is lodged monthly with PAYG only BAS is lodged quarterly. For March, Lodge PAYG in march and the total of GST quarterly.

Netsuite study transactions process

=//__**Sales process**__//=

Proposal is another terminology of Quote.In Netsuite:

Transactions>Sales>Prepare Proposlas

Print Picking slip and Order Confirmation(Sales Order) depending the status of the inventory fulfillment. Such as:

1) SalesOrder Status -Pending Approval( for the client with prepaid purchase) Click Sales order> Print>Proforma Invoice

Sale Order Status - Partially Fulfilled Click Sales Order>Print>Proforma Invoice

2) With the client with 30 days payment term, it follows the following process: Sales Order Status -Pending Fulfillment click sales order>Print>Print Picking Ticket

sales Order Status ---Pending Bill (Has been packed) Click Sales Order>Print>Order Confirmation

3) The explanation for the process of picking and packing, and printing invoice is as follows:

a) With the prepaid client (The customers pay for the item when they order the goods): Creat Sales Order > Approved>Fulfillment>Picking Slip

Go back to the sales Oder ---> Change the form of Sales Order to the Form of Proforma>save and Print>the Proforma Invoice is printed out. Then send email with attached the Proforma Invoice to the client, asking for the Debit payment.

Print out Proforma Invoice: Sales Order>change the form of sales order to the form of CUSTOM FORM1 CP Proforma Invoice New

> After CPH receives the payment from the client, CPH delivery guy in the warehouse pick up the items against the picking ticket(picking slip ) from the sales people(Becky). i.e. Sales Order>Print >Print Picking Ticket

Then the guy in the warehouse returned the picking ticket back to the office to the accounts (Chelsea). Accounts officer Chelsea may create an invoice: Transactions>Sales>Created Invoice >List>PrintTax Invoice Send the invoice to the customer.

In summary, after receiving the payment from the customer, print out the packing slip in order to send the packing slip with the Goods to the customer together, and send the invoice to the customer as well..

The action is as follows:

Transactions > Sales>fulfill item>Print out packing slip>Mark Order Packed> Then send the GOODS with the packing slip to the customer.

P.S The picking slip is only used internally : Becky create the sales order, prints out the picking slip, and send it to the warehouse guy, the warehouse guy picks up the GOODS against the Picking Slip,and tick the Picking Slip,

then the warehouse guy sent the ticked picking slip back to the accounts officer (Chelsea) after picking the goods from the shelf. the accounts officer Chelsea may create invoice after receiving the picking slip from the warehouse guy, and sent the invoice with email to the customer.

After receiving the payment from the customer, Transactions > Sales>fulfill item>Print out packing slip>Mark Order Packed> Then Becky sales officer prints out the packing slip to the warehouse guy, and the warehouse guy sents the goods with the packing slip together to the customer.

b) With the client with 30 days payment term : send the GOODS before CPH receive the payment from the Clients.

Sales Order S24108>related record (IF25245) >Item fulfillment> save and print>Print >Packing List>Maked Picked >Marked Shipped

---Then we sent the GOODS with the Packing Slip to the Clients.

then the accountant send the invoice to the customer' s accountant. Transactions>Sales>Created Invoice >List>PrintTax Invoice