Oversight noted: sales policies recognition of sales payment of commission

Objective:

    1.  To reduce expenses on marketing;   office sales should be treated as office sales

    2.  To return to normalcy sales operations

    3.  To enforce compliance

    4.  To build a strong compliant team

Reality:

1.  Some offices do not report office sales.

2.  Upon audit:    it was revealed:

    1.  Appointment slips were blanks

    2  Some reported sales did not have:

       1.  Proof of payment

       2.  Some sold on no dp but with discount

       3.  On successive days a sbu has varying report on office and agent sales

       4.  Non conformity on recognition of sales

3.  We are angry over  the alleged corruption in govt.

4.  Corruption is not tongpats or malverstion but NON CONFORMANCE TO PROCESS (admin process code in govt).   It seemed there is plenty of oversight:

     1.  Due to poor training

     2   Lack of guidance and supervision

     3.  Lax supervision

     4.  None has been sent to jail like sbus in the south which involved falsification and

          outright theft

    FROM RECENT reports and bubuwit at GC;  a lot of illegal activities are happening especially  #1 and no 2

What to do next

CLARIFY PROCEDURES AND STRICT ENFORCEMENT OF THE FOLLOWING

    1.   Sales policies

    2.   Abstract submission

    3.  Others observance of internal control:   printed co, deed of sale numbered forms, central control

    4.  Reward the DOERS PUNISH THE OFFENDERS

   1.   Sales policies

       1.   Sales is recognized as such upon satisfaction of following tasks/acitivites:

            1.  Full dp

            2.  Execution of OTP or PPA

            3.   Issuance of OR based on

            4.  Proof of payment:   deposit slip or bank statement

            5.  Set up of CSS and accounting files:

                1.  Ledger

                2.  Customer record

                3.  PPA on file duly  noted by the most senior employee

         2.  Commissionable accounts/customers:

            1.  Registered as prospect;   pre registered

            2.  My appointment slip duly filled up:   counter check with SG

            3.  Proof of sale as in 1.1

            4.  In conformity with approved marketing plan especially during promo period

    2,  Process for treasury operations on sale:

          1.  All payments must be issued or, AR (for those without LTS)

          2  Distribution of OR:

            White -  Orig customers

            Blue  -  stub

            Pink  -  abstract file for HO submission

          IT HAS BEEN NOTED THAT SOME SBU DO NOT ADHERE VIOLATE THIS AND MUST BE CORRECTED ASAP.    Stop telling na iyon na dinatnan at authorized ni.

         ATING IKOREK.

    2.   Abstract submission

        1.  iT HAS TO BE SUBMITTED DAILY.  Non submission is a class D offense.  UPdate now for 2025 or face the consequences.

        2  No accounting files especially for abstract.   Bringing home is illegal as per CORPORATION CODE   -   All records of the company are available at the office during working hours

            and our internal control policies prohibit the same

    3.  Others observance of internal control:   printed co, deed of sale numbered forms, central control    No printing by computer 

         It is observed in a Rizal sbu, an employee defrauded us millions for printing her own CO

    4.  Reward the DOERS PUNISH THE OFFENDER  Two  erring thieving officers are still scott free.   We will see to it that no one copies or benchmark notorious individuals.

        It has been observed that relatives of those who commit these sins see members of the family die violent deaths.   Will God welcome the offenders i heaven