Example: Your warehouse department receives in the wrong product on a receipt. Is it written out somewhere on how they are to correct the error? And should the warehouse notify the
Standard Accounting Procedures, does every Company have them typed out?
Answers
To answer your question..... YES, written policies/procedures are preferred, but not to the detriment of my point below.
Let me redirect your question as you are asking the wrong questions (goals/focus?)
Is our receiving system savvy enough to flag wrong products received that warehouse does NOT have to notify accounting of such error? Where receipt of product are automatically system checked with orders.
The goal is to have an integrated system where ORDER RECEIPT RECORDING....and the subsequent PAYMENT would have minimal manpower requirement/intervention.
What would it take to have such a system? Your question is just CODIFYING (or wanting to) inefficiencies.
Emerson, what is your process for correction with your current system? What does your system allow in order to correct the error?
Every GOOD company has them. If you don't, you and your company are at a disadvantage.
Standard procedures and
Filed Under:
Accounting