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rajput jain and associates

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Saturday, December 10, 2016

rajput jain and associates
Rajput Jain & Associates, a Chartered Accountants firm has staff strength of nearly 30 in India. One of the key strength of the firm is its ability to provide value added services to its clients on an All India Basis. The firm has a wide network of associates spread all across the country and through such wide network the firm has been able to successfully complete the tasks
PAN (Permanent Account Number) allotment process will undergo a change from 3 February 2014. The official release mentioned that an applicant of PAN will have to submit self-attested copies of Proof of Identity (POI), Proof of Address (POA) and Date of Birth (DOB) documents. The applicant will also have to produce the original documents for verification at the counter of PAN facilitation centres. The notification also said that the POI, POA and DOB documents attached with the application PAN form will be verified with their original documents at the time of application submission. It also said that the original documents will not be retained by the PAN Facilitation centre and will be returned back to the applicant as soon as it is verified.
 
 
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Relax @ Home,We form your Business

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Operational Excellence
 
Turnover

The road from initial idea for a product/service to collecting cash in exchange for it is a long one.

It involves a sequence of three processes:

  • Idea to Market
  • Prospect to Order
  • Order to Cash

An accountant's view of turnover is strict: it is recorded once the invoice is sent. For other functions, the aspective varies. The improver sees future turnover. The demand planner sees forecast turnover. The sales manager sees orders taken in while the treasurer sees cash collected.

We can conclude about the types of turnover are - gross, net, external, inter-company and intra- company to name just a few.

Whatever the form, turnover is an indication of a company's performance, but there are serious pitfalls in looking only at turnover. It is the relationship of turnover to costs that is the decisive factor in understanding the contribution of turnover to the company's bottom-line performance.

Companies whose initiatives include a drive for 'top-line-growth' may do this for good reasons such as increasing market share, improving return on assets or overall profit growth. Some companies decide to go for 'value based sales order processing', allowing their cost allocations to drive the order acceptance policy. Payment have a crucial effect on working capital, hence on financing requirements.

Allocating costs in relation to turnover is not just an accountant's job. It is primarily a business management process and decision. The company's performance is finally determined by the net cash contribution.

Taking revenue n financing costs in consideration turnover is monitored and at what level it is measured :- (group of) customer(s) versus (group of) product combination or region(s) - are determined by management style, steering model and control performance matrix. Mechanics such as stock valuation, product costing and whether or not to allocate variances play an important role. Value sector reporting is needed to support the process. IT tools make it possible to slice and dice whatever is required.

What Rajput Jain & Associates Offers

Rajput Jain & Associates has an extensive and proven track record in assisting departments, business units and companies with turnover reporting and business analysis. We are quick to understand market and company dynamics and are able to translate or redefine the requirements into a Business Model that allows the company to monitor performance and the impact of turnover in a simple, efficient and transparent fashion.

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rajput jain and associates
rajput jain and associates
We are the exclusive member in India of the Association of International Tax Consultants, an association of independent professional firms represented throughout Europe, US, Canada, South Africa, Australia and Asia.
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