first years (1a) mr. leahy
DESCRIPTION
Business documents. First Years (1A) Mr. Leahy. Welcome Back. Class Schedule. Mr. Leahy – Monday & Friday 5 weeks 2 classes per week. Class Schedule. Week 1: Introduction to Business Documents Effective Purchasing Letter Of enquiry. Week 2: Quotation Order. Week 3: - PowerPoint PPT PresentationTRANSCRIPT
FIRST YEARS (1A)
MR. LEAHY
Business documents
Welcome Back
Class Schedule
Mr. Leahy – Monday & Friday
5 weeks 2 classes per week
Class Schedule
Week 1: Introduction to Business
DocumentsEffective PurchasingLetter Of enquiry
Week 2: Quotation Order
Week 3: Delivery Docket V.A.T.
Week 4: Invoice Credit Note Revision
Week 5: Test on Monday 4th
February Re- Cap of all classes Test Results Quiz
Business Documents
What are business documents?
They are…….
Letter of EnquiryQuotationOrder formDelivery DocketInvoice Credit Note
Effective Purchasing
Effective Purchasing
Effective purchasing means:
Purchasing the correct quantity at the right price and time.
Making Enquiries
How do business find out about suppliers??
Telephone Book Advertisements Trade Associations Sales Representatives Internet (Websites)
Methods Of Payment
How business pay for the goods that they purchase.
Methods of payment
Cash with order (no credit is given)
Cash on delivery (Payment made
before goods are exchanged)
Methods of payment
Cheque (Can be before delivery, on
delivery or after delivery)
Bank draft (guaranteed Cheque)
Credit transfer (money put into
sellers account)
Delivery
Some business offer free delivery called Carriage Paid.
Other business charge
Discounts
Some Manufacturers offer a Trade Discount.
Given to buyers selling goods on.
Retailer sells goods at full price = Profit.
Trade Discount is taken away before tax.
Mark Up
When % profit is calculated on the cost price.
Formula
Gross Profit X 100%
Cost Price
Homework
Finish off “Mark Up” sheet