MY KITTENBakery and Drinks

HC12B

FINANCE DEPARTMENT

Objectives

Collect and summarize the financial information for Sale and Operation Dept. to:› Determine the prices› Estimate the expenses› Forecast the initial budget & cash flow statement.

Manage and update data for budget as well as cost, profit and loss accounts

Make report and publicize income and expenses to CEO and VPs

Team members Vice president: Trần Ái My (332966) Members:

› Nguyễn Thị Trà My (332953)› Đào Ngọc Lan Đài (332929)› Trần Hồng Đào (332967)› Trần Nhật Hạ (295921)

PLANNING

Gantt chartResponsibile Dates

Activity Prime Support Start Ends CommentsCollect information

VP 3-Apr 5-AprWork with Operation & Sale Department

Estimate (Cost & profit) My Đài 3-Apr 5-Apr Work in Team

Build the Gantt Chart Team  3-Apr 8-Apr Team

Shifts     6-Apr 15-May Record transaction

Bookeeping Procedure     3-Apr 15-May Checking everyday

Checking profit and loss account VP My 6-Apr 15-May

Checking balance sheet VP   6-Apr 15-MayWork with Operation Department

Managing cash flow statement VP   3-Apr 15-May

Team meeting     3-Apr 15-May

Board room meeting VP   1-Apr 15-May Provide financial mgmt. info.

Making report     6-Apr 15-May Team

Publicize finacial statement VP   6-Apr 15-May

Activity-on-Node (AON)Activity Activity Description Immediate predecessors

A Discuss with CEO and other departments I

B Loan from Itec None

C Calculate and analyze financial figures A,B

D Provide COGS A,B

E Pay for raw materials and expenses C,D

F Record transaction C,D

G Gather and update statistics C,D

H Report and publicize accounting E,F,G,I

I Discuss and resolve problems None

J Pay for the loan H

Activity-on-Node (AON)

Initial budget estimate

Initial estimated cash flow

Initial budget estimate

Initial estimated cash flow

ORGANIZING & CONTROLLING

Measures

Revenue & expenses tablesCash flow statement

Process Flow Chart

CLOSING

Final statistic

CoffeeMilk CoffeeLitchi Soda

Orange JuiceHerbal Juice

Soft drinksTiramisuPopcorn

Girdle CakeCombo (Popcorn + Soft drinks)

Combo (Gridle Cake + Soft drinks)Combo (Tiramisu + Drinks)

Ticket

5764

106110

14359

7440

958

51

152

Project 1: 762 Project 2: 152Quantity

Final actual income & expenses

Final actual cash flow

Productivity

Finance Time Log

Nguyễn Thị Trà My (332953) Lesson

› Work under the pressure Have to be careful Time management skill

› Realistic experiences to solve problems› Flexibility to face with unpredictable risks or sudden

changes

Experience for future project› Build a GANTT chart first› Control the inventory in hand

Trần Hồng Đào (332967)

Lesson› Work in new environment, cooperate and communicate with

others› Write report and manage time in an effective way

Experience for future project› Improve productivity by avoiding the same mistake › Well prepare and detailed record to run project more effective› Ready to support and provide information to other

department

Đào Ngọc Lan Đài (332929)

Lesson› Learn how to record transaction in an effective & logistic way› Learn how to cooperate with other teams› Figure out strength and weakness

Experience for future project› Build GANTT chart right and create to-do-list before starting

the project› Work closely with other Department to make sure they know

clearly the financial process

Trần Nhật Hạ (295921) Lesson

› Adapt and perform professionally in new environment › Understood main responsibilities to avoid personal

conflicts. › Developed and expanded some other skills such as

communication, creation, organizing and arrangement

Experience for future project› Practiced and improved some financial skills › Gain some realistic experiences and flexibility to solve

problems and sudden risks› Manage individual time logically to complete all works on

time

Trần Ái My (332966) Lesson

› Work under pressure› Practice financial skills› Improve soft skill such as communication and time

management› Have realistic experience and flexibility

Experience for future project› Plan before actually run the project by using GANTT chart› Make other departments know financial procedure and process › Have more rule and regulation in a team

Thanks for your listening