by Engr. Kh. Mashiur Rahman | Oct 3, 2019 | IT Soft Garments ERP
How to Create Cost Center in SAP
How to Create Cost Center in SAP or in Textile ERP? Answer is very simple. Cost center is accounting term of an ERP which control all modules. SAP cost center is for tracking department wise cost in an organisation. We need to define cost center first before implementation of ERP.
Elements of Cost Center
- Cost center
- Category
- Hierarchy
Cost Center: It is an organisation unit
Category : Example of some categories are Administration, Logistics, Marketing, Merchandising, Commercial etc.
Hierarchy : It is hierarchy among category unit and sub sections
by Engr. Kh. Mashiur Rahman | Oct 2, 2019 | Blog
ES Audit Documents List
ES Audit Documents List – Buyers may decide not to place order in a factory that has 2 or 3 Orange assessment. If its discovered that a factory is producing merchandise for Wal-Mart in a subcontracted factory with no valid ES audit, then the primary factory automatically will receive an “Orange” assessment…
- Must be submitted an activation request at least 30 days before production to accommodate ES audit.Salary / Overtime sheet last for last 12 months for initial audit
- To add the deleted factory back into the matrix for future production, an e-mail request with the factory ID must be submitted to e-mail the respective ES associate. (Keep ready now for check and provide us photocopy for every month one page from each section) …
- All time Cards / Job cards for last 12 months for initial.
- All suppliers have access to Retail Link. All pay slips for last 12 months.
- Automated and Self-Service. Fire drills register
- Maternity leave / leave register (CL/ML/EL) / Record for earn leave encashment / adjustment
- Lefty workers list and files.
- For EPZ only
- Shipping dock, loading dock and cargo areas monitored
- Containers being loaded under supervision, who supervising
- Inbound and outbound containers inspected for tampering
- Inbound and outbound containers are checked, who is authorized person
- Is authorized employee responsible to put seals on the finished goods containers after loading, who is authorized employee
- Are empty and full containers locked and stored in secure areas, who locked
- Facility aware on US custom’s 24 hour rule
- Environmental Certificate
- 50 workers personal file by covering all section
- Injuries monitoring register /accident log book
- The application, Data & Process is housed in Retail Link. Broken needle register
- All valid licenses are Trade, Bond, EPB, Fire, Export & Import license, BGMEA membership, building construction Approval, Boiler certificate & boiler operator license. Factory/Labor license. / if factory in EPZ zone then required authorization letter (provide us photo copy of one set of all valid licenses)
- Hand Book / with register
- Provide checklist record for in-house compliance minimum for 3 months
- Facility with fenced locked
- Tightly control keys, who carrying the keys
- Closed circuit TV security system
- Written security policy
- Security awareness program for employees
- Security guard on 24 hours duty a day, nos of guard, nos of shift
- Monitoring visitors
- Background check for security guard, what are the checking procedures
- For employees photo identification badge
- Are employees restricted from taking personal items into production area
- Identification required from any vehicles entering the facility
- Prospective for employees, who screening the prospective
- Separate parking area for employee or guest
- Loading dock restricted to authorized employees only, who is authorized person
- Wal-Mart poster must be post in English and Local Language. Recent copy of water / and electricity bill
- Separate register / time card for adolescent workers (if have)
- Provident Fund 8.33% from basic / 10% annual increment from gross for workers (for EPZ only)
- Organization Chart/ Production process flowchart/ factory layout
- Running production-
- Name of Buyer(s)
- Item Description(s)
- Main label name(s)
by Engr. Kh. Mashiur Rahman | Oct 1, 2019 | IT Software Apparel
ERP Accounting Software Management System
ERP Accounting Software Management System
List out main head of accounts. For any queries, please Contact Us.
- Salary and wages
- Conveyance
- Fees, rates and taxes sss
- IT expenses
- Entertainment
- Printing and stationary
- Postage and courier
- Promotion & development
- Subscription and donation
- Telephone and fax
- Repair & maintenance
- Depreciation
- Electricity, Gas and water
- Rent
- Insurance premium
- Inspection and service charges
- Incentive
- Meeting Expenses
- Audit fees
- Remuneration, etc.
- TA/DA – Local
- TA/DA – foreign
Salary and Wages (Cost center)
- Wages
- Labor bill
- Over time general
- Overtime – Extra
- Tiffin bill
- Attendance bonus
- Festival bonus
- Provident fund – Factory
- Gratuity Expenses
- Earn leave benefit
Wages
- Cutting department
- Sewing department
- Finishing department
- Quality department
- HR & Compliance department
- Warehouse department
- Administration department
Fees, rates and taxes:
- Registration and renewal fees
- License renewal fees
- Compliance audit charges
- Postage and stamp
IT Expenses;
- Computer maintenance
- Internet bill
Printing and stationary ;
- Photocopy expenses
- Statuary charges
by Engr. Kh. Mashiur Rahman | Oct 1, 2019 | Printing & Packaging
FSC Paper Sourcing
FSC Paper- No claim will be met unless written the Company thereof receives notice within 10 days of delivery to the Consignee. The Company’s liability in respect of loss, damage, non-delivery, or miss-delivery of any papers howsoever caused is strictly limited as follows…
- In order to evaluate the FSC Paper source`, the Paper source should be evaluated. The below points be checked
- If the source is DSC Coc complaint
- The compliance record to be checked in FSC websight. The Web: info.fsc.org.
- The evaluation form has to be filled up by required information by MR and this will be distributed to sourcing department and Store.
- The sourcing Dept will keep this record and will send the work order sheet to supplier. The work order sheet must show the FSC Claim, suppliers FSC COC and validity.
- The Proforma Invoice of Paper must show the
- Sources COC Number
- FSC Claim
- GSM
- Price etc.
- The LC copy preferably should show the FSC Claim of the paper to be purchased.
- Paper Purchase documents distribution and preservation procedure:-
- The sourcing department will distribute the
- Proforma Invice
- LC Copy
- Packing List
- Commercial Invoice
Purchasing the FSC Paper
The Customer expressly warrants that all papers are properly packed and prepared by the Customer for carriage, but if the Customer instructs the Company to pack such paper, the Company shall not be handle for any damage to the papers, and the Customer shall indemnity the Company against all losses or claims in any way arising from the state of packing or preparation of the papers.
- For Purchasing the FSC Paper, the below points to be considered.
- Paper Souce’s valid FSC COC Status. Which the MR updates monthly checking from the Web sight and distribute to Sourcing and Store department.
- The paper is to be ordered as per the Work order generated by Sourcing department. When the Paper seller issues Proforma Invoice, the below points to be checked properly.
- Source’s COC Number and its validity
- FSC Claim
- GSM
- Sizes
- Grammage
- It is a must that the Letter of Credit must be opened showing
- FSC Claims
- Manufacturer’s name and its FSC COC number.
- Specification of the paper etc.
- The Paper inventory sheet should be preserved by Store, Production Dept, Sourcing and MR.
- The Production Department should issue requisition based on the paper inventory report in the Requisition form. The requisition form should show below Points.
- Paper Source name
- Source COC Number
- COC validity
- Item description
- Purpose of using the paper
- Quantity in pieces and kgs
- After each issuance of the requisition by production floor the paper inventory report to be updated and distributed to Sourcing, production floor and MR so that all parties can e updated on latest paper stock.
- The MR will evaluate the Websight montly basis and update the evaluation form and distribute to Sorucing and store department.
- Since factory uses only one kind of FSC Claim the wastage figure record can be prepared as below :-
- Issue of Paper in Weight minus finished product net weight. The difference will be considered as wastage.
Conclusion
The customer expressly warrants: That he is either the owner or the authorized agent of the owner of the FSC Paper to which the transaction relates and That he is authorized to accept these Conditions not only for himself but also as agent for and on behalf of all other persons who may become interested in the FSC Paper.
