What: Collection of ME from current JV remittances and backtracking of
--
uncollected ME
Objectives:
1. To build up our rapidly depleting Marketing Expense Fund
2, To purchase promo items and source our outright commission
accordingly
3. To comply with correct procedure on JV sharing
Background:
1. Our JV sharing agreement states that we deduct a certain amount from the
gross collection which is 20% of the MA. The 20% provides the funds
for 1. Outright commission
2. Prizes and incentives (patsikot, sellers incentive, CTA, SAA)
3. Promo items
The said formula is for every body to see and was discussed lengthily at
paulit ulit sa accounting staff
2. We even provided the formula for the JV sharing and RGP;
3. This was discussed yesterday with Ms. Abiog, Alyzha, Engr GCH yesterday
And indicated in the minutes
4. However it is observed and noted as I was signing the JV sharing for Calapan:
That there is no ME being deducted
And when ICR assistant was asked, she said and made excuse for the non
execution of the said process that iyon ang sabi ni Sofia Cuevas. (We are
trying to change this mindset and was featured on ppt regarding discipline.
disregard of processes and display of lack professinalism) and or that the out
right commission has not been deducted from ME
Some arguments:
1. The instructions was non regarding VAT. In order for us to pay the outright
commission of 17% of the 48.2% and other incentives
2. If we are to follow the order of SC (who is no longer here, why are her
pronouncement to be followed and not existing processes/orders)
1. Where are we getting our outright commission, from our share?
If our share is 50% of the 48.2%, and we are left with 24.1%, and we
pay 17% to the agents, we pay 1% of the gross to the sellers who
sell 10 plots a month, and 2% of the gross to sales agencies who
sell 100 plots during the quarter, 2% for the patsikot, we spend, using
our own share of 22%. We are left with only 2.1%.
Ok ba ganitong business?
3. Kaya pala tayo ay hindi rin nagdeduct sa Calamba
WTDN
1. Marami naman ang accounting ngayon, isaayos nating ang mga abstracts sharing.
2. This office will not sign JV sharing na hindi dineduct ME
3. The ap should do its job of including in the CRB the outright com paid to the
sellers:
AP and ICR should cross check the outright commission with the abstract
and the ME computation
4. Let us train more the ICR, supervise them well and do not rely on "Sinabi ni..
Dapat magkaroon ng Task Related Maturity. All staff must strive to be
professional,not being irresponsible and not knowledgeable
5. Ms. Abiog should keep on top of this confusion and challenges
6. Treasury Assistant should collect and be on the watch for the PHP that belongs to us, rather than being a clerk (and comply with the demands of her job)
PAGSASANAY SA TAGUMPAY (Training for Success)
SETTING THE STANDARDS IN INTERMENT SERVICE
Innovation creates more wealth and more customers
Jorge U. Saguinsin
Be a BIDDA now
RRURAC (Read, Reflect, Understand, Realize Act, Check)
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