dear friends i am doing an internal audit in export unit kindly mention what point i should consider during checking of export sales and import purchase.
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Export/import
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Procedure For Exports:
- you can vouch Customer Purchase Order number & date in invoice and wether the sale quantity mentioned in invoice and CPO is same or not.
- Have to read terms and conditions mentioned by the customer and identify is there any contradictions to the company.
- wether amount received from customer is with in the time or not, if not interst has to be calculated on the same.
- Following are the documents which have to be enclosed with invoice.
- Bill of Material
- Air waybill(if it is transport by air)
- Freight bill
- Shipping bill
- Packing list.
Procedure For Imports:
- If the company is manufacturing, certified stores receipt voucher has to be attached with invoice. have to check the po details in CSRV.
- Have to be verify the Purchase order and Indent in which the following points to be noted.
- Details of indents in the PO
- Details of PO in invoice
- Quantity mentioned in PO and invoice is same or not
- Bill of material
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