Finance Department - System Work Flow
Personnel Finance Dept
Issuing Letter of Credit
Purchasing Dept
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1) Receive contract & Application Form Credit Controller invoice / contract
from Purchasing Dept |
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2) Sight & Approved Directors Sight - --------------- +
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3) Check Banking Facilities available Credit Controller Banking Facilities |
balance available balance |
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4) issue LC application & Insurance Memo Credit Controller issue LC & Ins Memo |
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5) Checking LC Credit Controller Check LC |
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6) Insurance Memo to Insurance Dept Insurance Dept | | Insurance Memo
(issue date follow the estimate (For CIF only) | | |
ETD Date) | | |
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7) Check & Approve to LC Application Directors | Check & Approve |
Form & contract. | | |
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8) Signed on Documents Directors Signed Docs | |
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9) Filling Supportting document & Credit Controller Photocopy LC --------------- + |
Record in Control Book Contract |
Application Form |
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10) Original LC application send to Bank Credit Controller Send LC application |
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11) Receive 2nd copy of LC & Debit Directors Receive LC duplicate |
Advice from bank | |
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12) Checking & Filling LC, Photostat Credit Controller Check