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Can Anyone Explain Internal Check Over Credit Purchases?

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    The storekeeper can issue requisition slip to the purchase officer for purchase of goods through order letter to tender. The store keeper knows the stock position so he must demand goods through written request. The purchase manager can determine the quality of goods to be purchased. The products may be branded and standardized. The purchase manager can place an order under the brand name. The quality of good can be determined on the basis of requisition slips. The economic order quantity may be calculated to lower the order and carrying cost. Just in time purchase may be there.

    The purchases officer can place an order with the seller. The order letter is always in written form. The purchase department can keep a copy of such order. The quantity and quality is stated in at. The flow of goods can be regulated. The goods are received at the gate of factory or showroom.

    The inspection officer can examine the goods. The goods are delivered to storekeeper. The production manager can request for release of goods.
    The gate keeper maintains a register for incoming goods. The products received are passed on to the store keeper for records.
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    Eshab 

    answered 3 years ago

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