The Study Of Purchasing And Payment Tache Of Internal Control In Bubugao Supermarket

As a high value industry, retail is in the downstream of the whole supply chain, from the production, distribution, retail and to the customer’s hands, it is the tache that close most to the customers. The improvement of retail business’s performance are highly rely on realize of product value, however, as a unique scarce resources, customers contain the irreplaceable role on realize of product value. In other words, the one who holds customer, who can controls the whole product supply chain. The retail industry comes into bloom since the joint of WTO, the high value of retail industry attract a large number of investment, as a typical example, supermarket industry is bear the brunt of it. Since the expand of operational scale and increasing of profit, supermarket industry also exposed some problems, like purchasing and payment, the irrational purchasing planning and low capital utilization will become the obstacles of its development.Purchasing and payment cycle is the core tache of supermarket’s operation and it has enormous effects on the supermarket’s operation as a whole. Only the efficient, well-organized purchasing can guarantee the increase of sale and performance; also, only a precise and timely payment can guarantee the stable circulation of capital chain and improve capital utilization. Therefore, enhance the internal control on purchasing and payment tache can ensure the supermarket’s capital chain go on wheels and mitigate the risks might occur on the payment process.This paper is established on the foundation of relative theories, combine with Five Factors of internal control and aimed to analyze the current problems appears in BuBuGao Supermarket’s purchasing and payment tache of internal control such as irrational institutional framework, unscientific purchasing plan, faulty performance evaluation system for purchasing employees, unsound supplier management and inefficient payment approval system. Also, the suggestions of improvement are also proposed based on the practical situation of the company:improves current internal control environments, optimizes internal institutional framework, meliorates current control activities, adjusts supplier management system.