The P L Of The Month - 764 Words

Denny , After reviewing the PL of the month of December 2015 we had some issues in the fallowing categories , see attached excel sheet Bad Debit 1-During the month of December we had a charge back on a customer check for $475 , the check was accepted after the system glitches and the authorization wasn t printed on the back of the check , a simple fix is to always make sure to run the check through the machine and obtain a printed authorization on the back . 2- during the year review we discovered $300 in counterfeit bills that we were charged back for , this is an easy fix as well as Counterfeit Detector Pens should be used all the time on every single large bill before accepting it . 3- During the first month after grand opening we lost $181 in deposit discrepancies $175 of the noted discrepancy was due to issuing POG card without an the proper offset in the POS to offset the cost , this issue was addressed the fallowing month as we became aware of the issue and prepared the gift cards at the beginning of each month and offset the cost in the POS to be coded under sales promotion . Home delivery During the year review for our costs under this category we discoed a $2926 that were spent on home delivery , below is our biggest misses 1-IST transfer due to customer service issues A largo portion of the dollars spent udder this category was utilized to ship product to our store from another location or due to an error when our store ended up payingShow MoreRelatedSouthwest Jet Fuel Hedge1149 Words   |  5 Pagesconsumption for year 2008 is 1511000000 gallons. We assume that the fuel consumption is uniform across months. Then the estimated fuel consumption for 2008Q1 will be 1511000000/4=377750000 gallons. Since we need to hedge 75% of the expected fuel consumption over 2008Q1, the amount of fuel we need to hedge over 2008Q1 will be 75%Ãâ€"377750000=283312500 gallons, 283312500/3=94437500 gallons each month. Because the crude oil futures contracts trade in units of 1000 U.S. barrels (42000 gallons), theRead MoreOf Arihlsen ( I. 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