bill processing 1

8/8/2019 Bill Processing 1

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Presented By

Nirved


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PURCHASING ORDERRAISED BY COMMERCIAL

DEPARMENT

STORE GRN

USER INSPECTION

TAXATION DEPARTMENT

(FOR CENVAT CREDIT)

FINANCE

DEPARTMENT

GRN RETURNED

TO

STORE DETAILS

GRN

SEND CHEQUE TOPAYMENT FOR VENDOR


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This is the slide for the negotiation part


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PURCHASING PROPASAL

1.Requsition no & Date

2.Item Description

3.Purpose

4.Enquiry no./Date

5.Parties Contacted/ Resp

6.Recommanded party/ ies

(a). Status Supplier item (Qts)

1.Name of the Supplier2.Cost

3.Excise Duty

4.Taxes/CST

5.Price Basis / F.O.R

6.Delivery

7.Payments Terms

1.Stock procurement

2.Plastics/Oils/Ceramic,etc

3.Finished Goods

4.Comparative statement

5.One or More

6. One or More

(a). Manufacture /Dealer/Prop

1.Company name

2. Amount3.As per Rule

4.As per Rule

5.Firm Basis

6.As per Schedule of item, material desc

7.Standard Terms for the payment


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PURCHASED ORDER RAISED

BY COMMERCIAL DEPARTMENT

NOTE FOR APPROVAL

PURCHASE REQUISITION NO

DateEnquiry Due Date

Enquiry Date

ProcurementS .no, vendor Quoted,

Offered ; Landed Price,Negotiated landed (Rs.)

Other terms &conditions1.Basic Price

2.As per rule (taxes)

3.Frieght

4.Insurance5.Delivery Period

Payment Terms As per vendor condition (or)as per our Terms & Conditions


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STORE GRN

MATERIAL USER INSPECTOR

ALLUMINA

SMELTER

FABRICATION

PLANT - 1

1.Checking as per specification

in purchase Requisition

2.Marking

3. Test Certificates

4.Weight Certification5.Insurance & Warranty

Spares

Others

Raw material

Spares

Others

Raw material

Spares

Others

Raw material


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TAXATION DEPARTMENT

Checking the details

EXEMPTED

Taxable at 12.5%

goods

Taxation

Taxable at 4%goods

Prices and Quantity

GRN no, PO no,LR.NO


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GRN Return to Store details

Verify the

Stocks list relates

to which plant

receives material

PLANT - 2

GRN noPLANT - 1

Maintain the

Details to

Stocks relating

to material order

PO no,Lr no

Vendor no,name

1.Allumina

2.Smelter

3.Fabrication

1.Allumina

2.Smelter

3.Fabrication

Spares

Others

Raw material

Spares

Others

Raw material


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FINANCE DEPARTMENT

Payment period /

penalty

Verify the

CENVAT, Form 59

Check the user

Inspection signature

at store,

Verify the PO no

GRN,Vendor no,Name, items,

material description

Account assignment Materials,quantitiy

verification

Input Tax to the

company

4%vat Tax

Credit period

Late delivery


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BILL PROCESSING

CAPEX REVENUE

STORES & SPARESSERVICE POSRAW MATERIAL

1. USER RAISES THE INDENT

2.PURCHASE REQUISITION PREPARED

3.HARD COPY OF PR SIGNED BY

SBU HEAD& SBU DFO,PLANT HEAD FINANCE

5.PR SENT TO COMMERCIAL DEPT FOR

PROCUREMENT OF RM.

6.EOI/TENDER ENQUIRY

7. QUOTATION RECEIVED FROM INTERESTED VENDOR

8. NEGOTIATION HELD UP

(REPRESENTATIVE FROM COMMERCIAL,FINANCE,&USER).

4. PR RELEASED IN SAP BY ALL

AUTHORISED PERSONS (T- CODE-ME54)

9.PARTY FINALIZED (L1-Lowest Price & recommended party


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INSTRUCTION FOR ISSUE

C - FORM

PAYMENT TERMS TAXATION DETAILS OF VENDOR PURPOSE

AS AN AGREEMENT

OF CONCESSIONAL

PAYMENTS AT A

STANDARD TERMS

(2% OR 3%)

TAXABLE EXEMPTED

FOR STEEL(PLANT PURPOSE)

1.SAFETY(HAND

GLOBES,HELMATES)

2.PETROL,DEISEL,

3.BUILDING EQUIP

1.Maintain the details

As per PO

2.Miro R1 it can be

Used for the payment

Of Tax.

3.Verfication of Tax

Payments like ED,CST

And VAT as PO


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bill processing 1

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