Nature of Company’s Sales
Company is sport clothe production company. Company only produce sport shirt and pant, but also sell sport glove and cap which hire other companies to produce by selling thread to that company and buy glove and cap back as “Finish goods (Acc.Code#5140)”. Then sell those goods along with the company’s products. Company has Export sales and Local sales, and post to G/L as batch (post a lot of same transaction at the same time). As Export sale is main sale (over 95% of total revenue), and Export sales and Local sales have the same procedure, we decided to walkthrough Export sales.
*Note:
Company’s goods will be only selling to oversea company and local sales are sale of raw material for produce glove and cap and finish goods to MIZUNO (Thailand), order is from MIZUNO JAPAN but delivery to MIZUNO THAILAND which is only a few times per year.