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.