Procurements

The pattern of purchase validation (process, departments involved):

• Budget
• Meeting minutes
• Requisition
• Checked, review and recommendation
• Approval for purchase
• Bill, Challan
• GRN and Stock register
• Master roll, report with pictures
• Approval for payment
• VAT/Tax etc
• Payment/settlement
• Voucher (entry in Tally)
• Approve and archiving

BNKS purchase according to need basis. A suppliers should have trade valid licence, papers documents, vat & tax, capacity of business and quality materials overall satisfactory services.At the time of a purchase, Quotation of goods price collection from minimum three vendors.

BNKS follows procedures in every contract:

• Valid trade license, papers documents, vat & tax, the capacity of business and quality materials overall satisfactory services.
• Agreement
• Each responsible person do archive the purchase files at account & admin section.
• How are purchase files classified?

• BNKS do classify the purchase files as per project wise.