...A PROJECT REPORT ON E-Payments: Proceeds and Improvements Project Submitted in partial fulfilment of MBA Submitted by: Devashree Nadkarni Batch 2014-2016 Under the guidance of Mrs. Dipika Malpekar Institute of Management Christ University, Bangalore March 2015 Declaration I, Devashree Nadkarni solemnly declare that the project work entitled “E-payments: Proceeds and Improvements”, is my original work, it is neither copied from any earlier submitted work elsewhere or not merely copied, this is specifically prepared as a part of MBA curriculum, to be conducted in Year 2015. Signature of the student: ________________________ Name of the Student: Devashree Nadkarni ACKNOWLEDGEMENT It gives me immense pleasure to present the report of Summer Internship Project which is integral part of MBA program at Institute of Management, Christ University, Bangalore. I consider it an honored privilege to have undergone this Internship in Hindustan Petroleum Corporation Limited. This Training period has enriched me with valuable experience & the practical knowledge of Industry with special emphasis on knowledge building and people management skills. This training period has provided me with the best opportunity to put my theoretical management knowledge to its practical use. During my training I worked with some highly knowledgeable and enthusiastic people, without mentioning their names I could not conclude this report. First, I would like to express my sincere gratitude towards...
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...You Decide E-payment system and securing their database Report Prepared for: Book Bunker By: Your Name Ideas and Strategies for utilizing e-payment system and securing their database February 12, 2014 David E-marketing and E-commerce Consultancy Executive Summary (Situational Analysis) What constitutes business success? Is it your skills in terms of product innovation, your ability to deliver in terms of products and services demanded by your customers? Yes, these are what constitute business success. However, what happens if you have the best products, the best initiatives in terms of what customers want but you are not known? How then can you say you have a successful business? The solution to this is an e-payment system (this is a way customers can pay for your products and services from a mobile device and or using your website). People today live with the use of all technology, they carry their mobile devices everywhere they go whether going to work, the store, or even when they are just sitting at home watching TV. With this much technology that people carry with them you can utilize an e-payment system to the full advantage. E-payment is a way customers can pay for your service or pay for and purchase products from you from their mobile device or from their computer from the comfort of their own home. Ideas and Strategies for utilizing e-payment system and securing their database Now days, life has become very fast. Most of the people do not prefer going...
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...Multiple Choice Questions 1. Travis is buying a car and will finance it with a loan which requires monthly payments of $265 for the next 4 years. His car payments can be described by which one of the following terms? A. Perpetuity B. Annuity C. Consol D. Lump sum E. Factor 2. Janis just won a scholarship that will pay her $500 a month, starting today, and continuing for the next 48 months. Which one of the following terms best describes these scholarship payments? A. Ordinary annuity B. Annuity due C. Consol D. Ordinary perpetuity E. Perpetuity due 3. The Jones Brothers recently established a trust fund that will provide annual scholarships of $12,000 indefinitely. These annual scholarships can best be described by which one of the following terms? A. Ordinary annuity B. Annuity due C. Amortized payment D. Perpetuity E. Continuation 4. A perpetuity in Canada is frequently referred to as which one of the following? A. Consul B. Infinity C. Forever cash D. Dowry E. Forevermore 5. The stated interest rate is the interest rate expressed: A. as if it were compounded one time per year. B. as the quoted rate compounded by 12 periods per year. C. in terms of the rate charged per day. D. in terms of the interest payment made each period. E. in terms of an effective rate. 6. Anna pays 1.5 percent interest monthly on her credit card account. When the interest rate on that debt is expressed as if it were compounded...
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...Sample Final: International Payments I, MCQ 1, A shipping document indicating the details of the shipment and delivery of the goods and their ownership is a A, B/L (True: This is the most important transport document) B, Sight draft (False: This is a type of B/E) C, Time draft (False: This is a type of B/E) D, L/C (False: this is a method of payment) 2, A written statement by the exporter ordering the importer to pay a specific amount of money upon presentation to drawee to whom it is addressed is known as a A, B/L (False: This is a transport document) B, Sight draft (True: This is the type of B/E that requires payment upon presentation) C, Time draft (False: This is the type of B/E that requires payment at a future date after presentation) D, L/C (False: this is a method of payment) 3, L/C may be payable at all but one of the following locations: A, Confirming Bank’s counters (False: Confirming Bank has irrevocable undertaking to Beneficiary) B, Nominated Bank’s counters, or at the counters of any bank if L/C is freely negotiable (False: Nominated Bank pays Beneficiary on behalf of Issuing Bank (Confirming Bank)) C, Issuing Bank’s counters (False: Confirming Bank has irrevocable undertaking to Beneficiary) D, Reimbursing Bank’s counters (True: Reimbursing Bank has no undertaking towards Beneficiary. It only functions to reimburse other banks with authorization of Issuing Bank) 4, Which of the following can be combined under a...
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...plus travel and entertainment which covers better control over spending limit, establishes separate spending allowances for purchasing and travel and also reports for all company spending (PNC, 2010.) These reports help businesses keep track of all spending and purchases made by any employee who holds a card or who has access to these funds. The cards for travel or entertainment are for medium to large sized companies. According to PNC, these help reduce time and cost. PNC also offers Active Pay. Active Pay helps maximize payment controls, enhance transaction and data management and increase financial benefit (PNC, 2010.) Although PNC’s website does not expand on how this is done they do have a contact number for any business that is interested in opening an account with their financial institute. PNC also boasts with their cash management programs they help lower fees for payments as well as balance transfers. With businesses transfers and payments off an account may be more than a personal account, so lower costs in bank fees is always appealing to any company. Another bank that offers treasury management services is Wells...
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...Balance Details Statement Date 23 Dec 2012 Payment Due Date 07 Jan 2013 Card Account Number Current Balance 23,421.29 Minimum Amount Due 1,172.00 Statement of Account MR MOSTAFIZUR RAHMAN APMO STANDARD CHARTERED BANK 12 WATER WORKS ROAD CHAWKBAZAR OLD TOWN DHAKA BANGLADESH 4321 5500 8135 0504 Total 23,421.29 1,172.00 Settle your credit Card outstanding using any of the following methods: • Payment through Online Banking (http://www.standardchartered.com/bd/en/) • Fund Transfer through our 24-hour ATMs • Cash payment at our 24-hour deposit machines • Cheque payment at our 24-hour deposite machines. Please issue the cheque in favor of 'Standard Chartered Bank' and mention your Credit Card number on the back of the cheque • Fund Transfer through our 24-hour contact centre • Direct Debit or Standing Instruction from any Standard Chartered Account NAME Cards Services 67, Gulshan Avenue,Dhaka - 1212 Statement Date 23 Dec 2012 MR MOSTAFIZUR RAHMAN Credit Limit ( BDT) 25,000.00 Available Credit Limit (BDT)* 1,578.71 Available Cash Limit (BDT)* 1,578.71 Payment Due Date Minimum Amount Due 07 Jan 2013 1,172.00 Current Bal 23,421.29 Amount (BDT) Prevoius Balance+ Purchases+ Cash Advances+ Interest/Charges2,070.19 Date Payments700.00 Credits 0.00 Currency Amount = 21,230.00 Description 0.00 821.10 Visa Classic - Global 23 23 29 29 29 01 08 08 08 13 23 NOV NOV NOV NOV NOV...
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...issued? 3. Did you demand for work or was the work given to you when available? 4. Was the dated receipt given after you applied for employment? 5. Were you informed to report for work? If yes, then did you report for work? 6. Was the work given to you within 15 days or the date for which you demanded employment? 7. If employment was not provided within 15 days and you reported for work, was any unemployment allowance provided? 8. Is the work site within 5 km radius? If no then what is the wage received? 9. Was there any delay in payment of wages? 10. Did you take any action to curb such practices? 11. Did you go for work in which delay in payment of wages was made? 12. Did the delay in payment of wages force you to migrate during lean periods? 13. Ratio of wages male: female? 14. What are the provisions provided to you at the worksite? 15. What is the mode of payment of wages? 16. How has NREGA helped you in terms of creating durable assets? 17. What is the quality of assets created? 18. What are the types of works you think needs to be taken up? 19. How often are you involved in the social audit process? 20. Did you propose any recommendations for the work to be taken up? Was the work approved? If not, then why? 21. Rank these...
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...to each person who signs this contract as a buyer or co-buyer, and to any assignee of this contract. The words "Seller", "we", "our", and "us" refer to the party who made the sale or any assignee currently holding the contract. We agree to sell and you agree to buy the goods and/or services described below in accordance with all terms on both sides and all pages of this contract. Telephone You are giving a security interest in the goods and/or services purchased. You are giving a cash security deposit totaling $________________ to secure your obligations hereunder. 1,320.00 Late Charge: If a payment is more than 10 days late, we may charge you a delinquency fee of 5% of the overdue installment or such amount as permitted by law from time to time. We will only charge you fo r one delinquency per late payment. We will not charge you a late fee for payments timely received under a written extension or deferral contract. Prepayment: may If you pay off this contract early, you will not have to pay a minimum finance charge or other penalty. DESCRIPTION OF GOODS AND/OR SERVICES PURCHASED AS PART OF A RETAIL INSTALLMENT CONTRACT OR OBLIGATION: mammaplasty;mastopexy;lipoplasty; ITEMIZATION OF AMOUNT FINANCED (a) Cash Price (b) Sales Tax (A) TOTALCASH PRICE = (a + b) (c) Other Items to be Financed (if applicable) - amounts owed to public officials (fees), insurance, and other charges in addition to those listed above Item: Origination Fee Item: $ 0.00 $87.12...
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...REPORT ON THE INTERACTIVE SESSION OF FINANCE & ACCOUNTS DEPARTMENT, CORPORATE AFFAIRS COMMISSION Venue: KEFFI HEALTH CLUB, KEFFI. Date : 23rd January 2010 Climate setting for the program was tuned by the Deputy Director Final Accounts/Mrs.B.F.Ikhanoba. Samuel Archibong offered the opening prayers. The DD/FA introduced the Senior Executives present. The Acting DFA/Mr. M.U.Wambai delivered the opening remarks with a word that the aim of the forum is to develop human capacity. Declaring the interactive session open the DFA emphasized on participation by all present. • The first paper was presented by the Senior Manager, Final Accounts/ K.M.Jemaku. Titled: FIXED ASSET MANAGEMENT – OPERATION & CHALLENGES: It defined and classified fixed assets, their management, depreciation and disposal. The management of Fixed Assets was noted to be a huge challenge to Finance & Accounts Department because of the many lapses imminent. The Sun System Fixed Assets module captured most of the detail data identifying an asset, and provides information automatically. Each asset is then assigned a code to further give the required peculiarity in the database. The presenter identified the challenges as follows; - Time lag between coding and labeling of assets. - Difficulty in tracing assets to assigned locations. - Failure to code some assets making disposal difficult. - Inability to reconcile physical assets with the register. Other issues relating to management of Fixed...
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...calculate and report unsocial enhancements for periods of sickness starting on or after 1st August 2010. The ESR system will automatically calculate and pay average unsocial enhancements for each day of that sickness. Payment will be shown on payslips as “AfC Absence” • Managers still need to calculate and report unsocial enhancements each month for periods of sickness that start before 1st August 2010, whether the member of staff has since come back to work or not 2. In particular, I should like to draw the following points to your attention: 1. Although unsocial enhancements don’t need to be reported for periods of sickness starting 1st August 2010 or later, they must be reported for all periods when a member of your staff does work at unsociable times. 2. If you need to adjust previously reported sickness dates for periods of sickness starting 1st August 2010, or after, please be aware that this will produce an automatic adjustment to AfC Absence pay. This includes the automatic recovery of any AfC Absence pay previously paid for an open period of sickness that has subsequently been corrected to reflect that the member of staff has returned to work. Late notification of additional sick leave dates will produce an automatic payment of AfC Absence pay. Please note that the Payroll team is not able to negotiate any delayed recovery in cases like this, or intervene in the recovery process. 3. If you have not already done so, please...
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...CONTRACT PARTY #1: Beijing Haitian Ruisheng Science Technology Ltd. PARTY #2:______________ After friendly agreement by Party #1 and Party #2, Both parties have agreed on the following: (1). Description of the Work 1. Party #2 shall perform audio data collection services for the languages listed on the following. The work will comprise of the following elements: Set-up of data collection environment and equipment. Data collection for 20 (at the least) native speakers from Hongkong.. Date of data transfers need to be confirmed (audio data via Bai Du yun pan or Email) Keep the safety of recording equipments. 2. Party #2 shall complete and deliver all data to Party #1 on or before April 26th, 2015. The milestone delivery schedule for the work, if applicable, shall be as follows: Requirements 1. Participants: The speaker should be a native speaker from HK. 2.Time: Each participant will record around 300 English sentences, which are offered by Party #1 and will cost around 60 minutes. 3.Environment: Quiet inside rooms without echo. (2). Delivery Schedule |Milestone |Brief Description of Work to be completed |Due on or | |# |by Party #2 |Before | | |and delivered to Party #1 | ...
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... b. Preparation of check c. Payment made by employee as deduction from payroll 2. Cash advance made by consultants d. Request of cash advance e. Preparation of check f. Payment made by consultants as deduction from work performed 3. Billing statement named to company g. Receipt of billing statement h. Preparation of check i. Receipt of OR 4. Billing statement named to individual j. Receipt of billing statement k. Preparation of check l. Receipt of OR 5. Credit Card billing statement named to company m. Receipt of billing statement n. Preparation of check o. Receipt of OR 6. Credit Card billing statement named to individual p. Receipt of billing statement q. Preparation of check r. Receipt of OR 7. Sales Invoice named to company s. Receipt of sales invoice t. Preparation of check u. Receipt of delivered items v. Receipt of CR w. Return of goods to suppliers x. Receipt of returned/replaced goods 8. Sales Invoice named to individual y. Receipt of sales invoice z. Preparation of check {. Receipt of delivered items |. Receipt of CR }. Return of goods to suppliers ~. Receipt of returned/replaced goods 9. Reimbursement of employees . Receipt of sales invoice . Receipt of request for payment . Preparation of check ...
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...Druclula Cabs Ltd gulistan-e-juhar 5456asdfasd-karachi Com Id# 1 VAT Number : N/A Date : 8:21 pm, January 24th 2016 Number of Journey : 14 Invoice for :January, 2016 Summary Fare Payments to Exchange Payment Type Trips Payment(£) Card Charge (£) Commission(£) VAT(£) Selact will Pay(£) Card 0 0.00 0.00 0 0.00 0 Total 0 Fare payments directly to Exchange Partner Payment Type Trips Payment(£) Commission(£) VAT(£) Operator will Pay(£) Cash 3 757.00 3 151.40 154.4 Total 154.4 Commission/Penalties Status Trips Base Paymet (£) Cleared 3 Returned PPG Payment (£) Commission (£) Penalty (£) VAT (£) Balance (£) 757.00 3 0 151.40 154.4 1 13.00 0 0 0 0 Client-Canc el 0 0.00 0 0 0.00 0 Adjustments 0 Total 4 151.40 154.4 0 3 Total Payments ( Operator will pay to Selact ) : £ 154.4 Copyright ©Selact . All rights reserved. 0 Druclula Cabs Ltd gulistan-e-juhar 5456asdfasd-karachi Com Id# 1 VAT Number : N/A Date : 8:21 pm, January 24th 2016 Number of Journey : 14 Invoice for :January, 2016 Cleared Job Details Date Booking Id 2016-01-1 7T16:59:5 9 Pick Up Payment Type Total Price Total Price Comissio n Card Charge VAT fb688d42- Heathrow 7d3b-4f3c- Airport b09b-3d3d Terminal 1 a5c3f92a CashPay ment 16 16 1 0 3...
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...Essay on Cashless Society A cashless society is a society in which cash and checks will no longer exist. A new form of funds transferal will become common such as the use of credit cards or more generally e-money. In today’s digital world, money is becoming much more a concept then a physical entity. People are using credit cards and debit cards and other kinds of electronic payments more and more everyday in order to pay for different goods & services. Still, it is part of the human nature to need a tangible mean of payment. You can count cash with your hands, you can feel it. In fact, it would be very difficult to make people trust in digital money as the only form of currency. On another hand, the cashless society has many opposants who’s biggest concern is the invasion of individual intimacy for money is untraceable, anonymous and negotiable whereas digital payments are completely the opposite, every transaction is recorded; marketing firms and governments are already using gathered information and data about internet users and people are afraid of how this information being used. However, this has some advantages such as being able to track down terrorists, drug dealers and black markets because the only mean of payment would be electronic. My last point will be about that fact that a cashless society would rely on information systems and technology. This makes digital money a sword with two edges since it is true that it facilitates transactions...
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...FEES MANAGEMENT SYSTEM COUPLED WITH E-MAIL AND MOBILE MESSAGING TECHNOLOGY Case Project: Maryhill High School BY MUZOORA SAVIOR MASTER OF SCIENCE IN INFORMATION SYSTEMS FACULTY OF SCIENCE DEPARTMENT OF INFORMATION SYSTEMS Email:lunsavioz@hotmail.com Tel: 0753404044 / 0774922487 A Concept Paper Leading to a Project Proposal Submitted to the Office of Graduate Studies in Partial Fulfillment for the Award of the Degree of Master of Science in Information Systems of Uganda Martyrs University August 2013 Introduction The domain of this project is Information Systems and the sub domain is Management Information Systems (MIS). Laudon (2012) defines MIS as the study of computer-based information systems in business and management. MIS provide reports on the organization’s performance. This project will result into a Fees Management System (FMS), coupled with E-mail and mobile messaging technology. FMS for Maryhill High School will serve administrators with reports about students’ fees collection. It will also provide parents and guardians with reports about students’ invoices, payments and balances through E-mail and mobile messages. Background Maryhill High School is located at Nyamitanga hill, Mbarara district. At present, the school’s enrollment is at about 1500 students. The school generates revenue from students’ fees, therefore all students are required to pay school fees. Students pay for Tuition, PTA...
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