P B Seta & Co.

28/09/2019

This blog is about IPO information. Should you subsribe the IPO? IPO Review. Initial Public Offering.

04/04/2019

This blog is about IPO information. Should you subsribe the IPO? IPO Review. Initial Public Offering.

02/04/2019

This blog is about IPO information. Should you subsribe the IPO? IPO Review. Initial Public Offering.

30/03/2019

The moment purchase department receives Purchase Requisition/Purchase Indent/Material Requirement Memo from the user department, its role starts to bring in the materials for them within stipulated…

30/03/2019

The moment purchase department receives Purchase Requisition/Purchase Indent/Material Requirement Memo from the user department, its role starts to bring in the materials for them within stipulated time by any means, by any hook or crook. Please remember that the purchase manager’s goal is to buy the good QUALITY materials at competitive PRICE in required QUANTITY on TIME. (I would suggest you to read the article – … [ 1,513 more word ]
https://pbsetaandco.wordpress.com/2019/03/31/p2p-pre-requisite-of-purchase/

The moment purchase department receives Purchase Requisition/Purchase Indent/Material Requirement Memo from the user department, its role starts to bring in the materials for them within stipulated…

27/03/2019

This blog is about IPO information. Should you subsribe the IPO? IPO Review. Initial Public Offering.

26/03/2019

Before reading this article, I’ll suggest you to read this article first – Creation of Vendor Master Process When modification in vendor master is required? Whenever any vendor has chan…

26/03/2019

Before reading this article, I'll suggest you to read this article first - Creation of Vendor Master Process When modification in vendor master is required? Whenever any vendor has changed his office location or factory location, or has changed his banker , or any changes have happened in statutory details, etc. then his new details are supposed to be updated in our company's system. [ 1,327 more word ]
https://pbsetaandco.wordpress.com/2019/03/26/p2p-modification-in-vendor-master/

Before reading this article, I’ll suggest you to read this article first – Creation of Vendor Master Process When modification in vendor master is required? Whenever any vendor has chan…

19/03/2019

https://pbsetaandco.wordpress.com/2019/03/19/p2p-vendor-master-creation-process/

By and large, every master creation process in the organization is same. I already have written article on Item Master Creation process. The wordings are similar, however, the risk part is totally …

19/03/2019

By and large, every master creation process in the organization is same. I already have written article on Item Master Creation process. The wordings are similar, however, the risk part is totally different. Every organization must be purchasing various raw materials, packing materials, engineering items, office supplies or any other miscellaneous items. All these materials are procured from many vendors. All these vendors will have to be entered in the system before any purchases are made. [ 1,871 more word ]
https://pbsetaandco.wordpress.com/2019/03/19/p2p-vendor-master-creation-process/

By and large, every master creation process in the organization is same. I already have written article on Item Master Creation process. The wordings are similar, however, the risk part is totally …

16/03/2019

https://pbsetaandco.wordpress.com/2019/03/16/p2p-item-material-master-creation/

Every organization must be purchasing various raw materials, packing materials, engineering items, office supplies or any other miscellaneous items. All these materials will have to be entered in t…

16/03/2019

Every organization must be purchasing various raw materials, packing materials, engineering items, office supplies or any other miscellaneous items. All these materials will have to be entered in the system before their purchases are made or indents are created. In other words, the Purchase Orders can be created in the system for these items only if they already exist in the system (any ERP system used by the organization). [ 1,652 more word ]
https://pbsetaandco.wordpress.com/2019/03/16/p2p-item-material-master-creation/

Every organization must be purchasing various raw materials, packing materials, engineering items, office supplies or any other miscellaneous items. All these materials will have to be entered in t…

05/03/2019

Always remember, to carry out a good Internal Audit, it is essential for an internal auditor to step into the shoes of the auditee. An internal auditor has to think and view the situations from his auditee's point as well. At certain point, you have to think like a process owner rather than an internal auditor. You have to understand and assess your auditee's roles, responsibilities and duties meticulously so that you will be in a better position to give your valuable inputs/suggestions/recommendations. [ 557 more words ]
https://pbsetaandco.wordpress.com/2019/03/05/p2p-procurement-function-role-of-a-purchase-manager-1/

Always remember, to carry out a good Internal Audit, it is essential for an internal auditor to step into the shoes of the auditee. An internal auditor has to think and view the situations from his…