Company Details

On Thursday morning Laksh entered the office at 9:15 am, as she did not want to be late to the office. AP's Sub-ordinate Alen invited her to the finance space asked her to sit. AP arrived at 10:00 am. He later briefed her about the Company and its details.

AP said "they had online sales from different countries. Most of the sales were outside India, almost about 95%. The onine purchase had 3 types. The customers can purchase it by browsing to there website and purchase the product and pay it online. Second was to approach the company's sales team were the rates will be negotiated based on the quantity of purchase and online invoice will be sent to customers. Through link the customers can make the payment. Third was to send the online invoice but customers pay to bank account and not online. They was no sales tax as most was exports."

" the company has various products which are sold by the company and modifications and updations are in process to keep up with the market of the industry"

AP assigned her a laptop and gave her the access to the server for accounts. She reviewed the accounts and found for last year hardly 10-25% of the entries was completed and most of the entries were incorrect.

Cash and bank balance was showing negative balances. Cash withdrawn was not accounted for months.