Vous êtes sur la page 1sur 30

The most exciting and innovative work

in management today is found in


accounting theory, with new concepts,
new methodology--even what might be
called new economic philosophy--
rapidly taking shape. And while there
is enormous controversy over
specifics, the lineaments of the new
manufacturing accounting are
becoming clearer every day.
Drucker, Peter E., The Emerging Theory of Manufacturing, Harvard Business
Review,
Man-June 1990, pp. 94-102.
Peter Drucker made the following
comments:
Accounting has become the most
intellectually challenging area in the field of
management, and the most turbulent one.
Accounting is the primary discipline
attempting to answer questions few
executives yet know how to ask: What
information do I need to do my job?
When do I need it? And from whom should I
be getting it?
Drucker, Peter E., Be Data LiterateKnow What to Know, The Wall Street Journal,
December 1, 1992, p. A16.
Bread Production Process

Plot Batch Production to Finished Goods


Transfer Slip and Production Report

Finished Goods will then transferred in Principle by


way of Finished Goods Transfer Slip.

Branch Supervisor will sign the Finished Goods


Transfer Slip as a way of acknowledging the
finished goods.

Branch Supervisor will then plot the Finished Goods


Transfer Slip to his/her Inventory Sales Monitoring.

Inventory Sales Monitoring data will then transferred


to Inventory Report for cash sales reconciliation.
Bread Production Process

Plot Batch Production to Finished Goods


Transfer Slip and Production Report

Finished Goods will then transferred in Principle by


way of Finished Goods Transfer Slip.

Branch Supervisor will sign the Finished Goods


Transfer Slip as a way of acknowledging the
finished goods.

Branch Supervisor will then plot the Finished Goods


Transfer Slip to his/her Inventory Sales Monitoring.

Inventory Sales Monitoring data will then transferred


to Inventory Report for cash sales reconciliation.
AGDAO
NOVEMBER 30, 1
FGTS00
2016 001

8:00 LOAF BREAD 10 10 35 35 A. PEROTE /


AM
10:00 (3KLS)
STAR BREAD 63 63 5 0
31 (SGD)
A. PEROTE /
AM (3KLS) 5 (SGD)

R. GALINDEZ / A. PEROTE /
(SGD) (SGD)
AGDAO NOV. 30, 2016
1

10 63 5 + 5 + 10 + 5 25 5 12
20 63 5
Point of sale is the place where a retail transaction is
completed. It is the point at which a customer
makes a payment to the merchant in exchange for
goods or services.

EPOS - during computerization later


becoming electronic point of sale or EPOS

The modern point of sale is often referred to as the


point of service because it is not just a point of sale
but also a point of return or customer order.
Additionally it includes advanced features to cater
to different functionality, such as inventory
management, CRM, financials, warehousing, etc.,
Cash Handling Standards and Procedures
Effective cash management begins with an understanding of the cash used in
the store.

The term cash fund refers to all the ways customers pay for their orders:
Paper money or coin.
Cheques.
Credit card receipts
Coupons or discounts.
Gift certificates or vouchers.

Keep cash funds at the proper level. Cashiers must have enough cash at the
registers to give customer change. Change Fund must be present.
Controlling Cash
The SOD is accountable for controlling cash for the shift. This
includes ensuring that every team member properly performs
tasks such as

Receiving cash from customers and making correct change


Securing cash
Settling funds at the end of the shift and accounting for all
cash on hand
Procedure
The SOD should follow the procedures on basic principles on Cash Fund Turn
Over

After the end of the shift, cashier should practice cash fund cut off .
Cashier must separate and identify Change Fund from their Cash Fund.
Settling funds at the end of the shift and accounting for all cash on hand.
Shift Cashier must turn over the Cash Fund to the SOD and must be present
during the accounting of Cash Fund. Only then the SOD must acknowledge
that the cash fund was received completely.
SOD must turn over the cash fund to the Banks roving cashier / Designated
roving cashier for deposits. If both persona were absent during the day, cash
fund must be secure in locked cashiers vault.