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Expense Control Checklist.pdf

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Expense Control Checklist.pdf

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Expense Control Checklist.pdf

文档介绍

文档介绍:EXPENSE CONTROL
A Profit Enhancing Opportunity

General:
• Do you have a budget for all expenses?
• Do you review each expense category monthly?
• Do you know precisely what % of sales goes to expenses?
• Do you know how many $ of expenses pany consumes everyday?

Operating Expenses:
• Do you review the purchases of Office Supplies?
• Do you petitive bids and/or parisons for supplies?
• Do you have a long distance telephone call tracking system in place to avoid
unauthorized use?
• Have pared long distance phone rates for your area?
• Do you require approval from top management for the use of overnight couriers
and special delivery?
• If you are paying to store records and files, can these items be destroyed or
moved pany owned space?
• Do you have energy saving devices on lighting, heating and cooling systems?

Insurance - Liability, Business Interruption & Contents -(Annually):
• Have you petitive quotes from 3 insurance carriers?
• Have you examined the amount of coverage and deductibles?

Outside Services:
• If you are using outside services for bookkeeping, data processing, and
payroll, can some or all of this work be brought in-house?
• Have you reviewed the number and type of reports you receive from
outside, can they be reduced or eliminated?
• Have you petitive bids for these services?