ACTIVITIES OF ACCOUNTS COMPLIANCE PROCEDURE (AACP)

Activities of Accounts Compliance Procedure (AACP) is very important to fill-up the daily work for an accountant. Which mean each accountant are falling in challenges day by day for up-coming ERP implementation or didn’t proper feedback from supporting department. So, Activities of Accounts Compliance Procedure (AACP) is most important any organization and the organization has at least one accountant.

Activities of Accounts

ACTIVITIES OF ACCOUNTS COMPLIANCE PROCEDURE

 

Activities of Accounts Compliance Procedure (AACP) is helping to maintained all voucher input in accounting system in daily basis. If the AACP is work smoothly, the organization or enterprise achieved day by day his advantage. If you are fall in problem for maintaining your account with AACP. Please fell free contract with us for better improvement.

Activities of Accounts Compliance Procedure (AACP) is too much related with SOP (Stander Operation Procedure). Now we can say that the modern approach AACP replace with SOP. The below SOP on Purchase and others related department activity procedure for your easy reference coming soon.

 

Bills of Exchange is a Documentary Acceptance payment method. We know most of you are familiar with the process as you have operated this payment method in Bangladesh in the past and the feedback from all bank was that they accepted BOE in the same way they accept Letter of Credit.

Letter of Credit

Below is a simple step guide of how the payment method works:

  1. Supplier submits BOE, along with original payment documents to their bank.
  2. Suppliers bank submits BOE, and copy payment documents to Buyers Bank.
  3. Buyers bank submit BOE, and copy payment documents to Buyer for approval.
  4. Buyer approve BOE, on standard terms As sight/60/90 days.
  5. Buyer bank informs the suppliers bank that Buyer have accepted the BOE on standard terms.
  6. Suppliers bank release payment documentation including Bill of Lading to Buyer.
  7. On due date Buyer bank takes the money out of Buyer account and pays to the suppliers bank.

Throughout the BOE process Buyer bank acts on behalf of the suppliers bank and on due date they take the money from Buyers account, like a Direct Debit payment, rather than Buyer having to make the payment.

Standard Operation Procedure (SOP) of Purchase

Nokia 6.1 Plus Android Phone with 5.8″ Full HD Display

Nokia 6.1 Plus

Nokia 6.1 Plus Android Phone with 5.8″ Full HD Display announced by HMD Global. The Phone Specification,  Features and its looking is too good for tech users. Already the Nokia 6.1Plus 5.8″ Android phone started its selling in the international market. The chip set in the phone is Qualcomm Snapdragon 636 and 16MP rear camera is also main attraction of this phone.

Nokia 6.1 Plus

Nokia 6.1 Plus Android Phone

 

The Nokia 6.1 Plus Android Phone operating system will be released under the Android One project. Artificial Intelligence also is to be added to this high quality photo shoot. In addition, the phone’s rear camera make HDR support. The new smartphones has duel rear camera setup. Its primary sensor is 16 megapixel (MP) and secondary sensor is 5 megapixel.

Nokia 6.1 Plus and 2.50 curved glass

Nokia 6.1 Plus and 2.50 curved glass

Specification Details-:

Network Technology GSM / CDMA / HSPA / LTE
Launch Announced 2018, July
Status Available. Released 2018, August
Body Dimensions 147.2 x 71 x 8 mm (5.80 x 2.80 x 0.31 in)
Weight 151 g (5.33 oz)
Build Front/back glass, aluminum frame
Operators SIM Hybrid Dual SIM (Nano-SIM, dual stand-by)
Type IPS LCD capacitive touchscreen, 16M colors
Display Size 5.8 inches, 85.1 cm2 (~81.5% screen-to-body ratio)
Resolution 1080 x 2280 pixels, 19:9 ratio (~432 ppi density)
Multitouch Yes
Protection Corning Gorilla Glass 3
Platform OS Android 8.1 (Oreo); Android One
Chipset Qualcomm SDM636 Snapdragon 636
CPU Octa-core 1.8 GHz Kryo 260
GPU Adreno 509
Memory Card slot Internal microSD, up to 400 GB (uses SIM 2 slot)
64 GB, 4 GB RAM (6.1 Plus)
64 GB, 4/6 GB RAM or 32 GB, 4 GB RAM (X6)
Main Camera Dual Features 16 MP, f/2.0, 1.0µm, PDAF
5 MP, f/2.4, 1.12µm, depth sensor
Dual-LED dual-tone flash, panorama, HDR
Video 1080p@30fps (gyro-EIS)
Selfie camera Single 16 MP, f/2.0, 1/3.1″, 1.0µm
Video
Sound Alert types Vibration; MP3, WAV ringtones
Loudspeaker Yes
3.5mm jack Yes
– Active noise cancellation with dedicated mic
Comms WLAN Wi-Fi 802.11 a/b/g/n/ac, dual-band, WiFi Direct, hotspot
Bluetooth 5.0, A2DP, LE
GPS Yes, with A-GPS, GLONASS, BDS
Others Radio No
USB 2.0, Type-C 1.0 reversible connector, USB On-The-Go
Features Sensors Fingerprint (rear-mounted), accelerometer, gyro, proximity, compass
Messaging SMS(threaded view), MMS, Email, Push Email, IM
Browser HTML5
– Fast battery charging (Quick Charge 3.0)
– MP4/H.264 player
– MP3/WAV/eAAC+/FLAC player
– Photo/video editor
– Document viewer
Battery Non-removable Li-Ion 3060 mAh battery
Misc Colors Black, Blue, White
Price About 250 EUR
Tests Performance Basemark OS II 2.0: 1951 / Basemark X: 14903
Disclaimer. We can not guarantee that the information on this page is 100% correct

 

Nokia 6.1 Plus Android Phone with 5.8″ Full HD Display Android Phone

 

Minimum wages announce by ministry of Labor and Employment 2018 & Wages Impact on Garments sectors

RMG Life Information

Minimum wages announced by ministry of Labor and Employment Date 10-11-2018 is BDT 8000. The Wages Impact on Garment sectors is so difficult to meet on existing revenue. If the buyer will not adjusted his existing price with upcoming increased minimum wages BDT 8000. Than lots of small garment will not continuous his operation. The minimum wages BDT eight thousand wages impact calculation are as follows-.

FINAL Gzgette>>>>Minimum Wage Gazette-2018 25 Nov, 2019

If you want to read details minimum wages announce by govt, Minimum Wages Gazzet-2018 for RMG

and below calculation is for your easy reference for the impact the existing Garments

Designation Pattern Master Mechanic
Electrician
Sr.Cutter Man
Sr. Operator
Sr. QC
Sr.Packing Man
Sr. Iron man
Cutter Man
Operator
QC
Folding Man
Packing Man
Iron Man
Jr. Operator
Jr. Iron Man
Gen. Operator Helper
Minimum Wages-2013 Minimum Wages- 2013
                13,000         10,900                    6,805                    6,420                  6,042                  5,678                    5,300
 Grade  Grade-1  Grade-2  Grade-3  Grade-4  Grade-5  Grade-6  Grade-7  Grand Total
 No of Employees (1)                        200                        350                     100                        50                        250                    950
 Average of Gross (2)                    8,259                    7,474                  7,262                  6,545                    5,789                 7,066
 Sum of Gross Ext Wages (3=1*3)            1,651,791            2,616,021             726,236             327,238            1,447,234         6,768,520
 Max of Gross                  17,795                  13,600                12,000                  6,900                    7,138              17,795
 Min of Gross                    7,000                    6,420                  6,400                  6,000                    5,300                 5,300
 Min Wage 2013                 13,000         10,900                    6,805                    6,420                  6,042                  5,678                    5,300
 Grade to Grade % 19.27% 60.18% 6.00% 6.26% 6.41% 7.13% 0%
 Announced by Govt. SRO                17,504        14,621                   9,578                   9,245                 8,855                 8,399                   8,000  Total Impact Max. impact but not less than 15%
 Grade % Variation
(New-Ext)/Ext
34.65% 34.14% 40.75% 44.00% 46.56% 47.92% 50.94%
 Impact                         –                 –           2,324,886           3,767,152         1,064,353            484,057           2,184,504        9,824,952 45.16%

Minimum wages announce by ministry of Labor and Employment 2018