BPO/SES by Haifa
Mastering BPO and SES
Test your knowledge about Blanket Purchase Orders (BPO) and Service Entry Sheets (SES) through this engaging quiz! Whether you're involved in finance or procurement, this quiz will help you assess your understanding of crucial concepts related to BPOs and SESs.
- Learn the essential processes and terminologies.
- Understand the consequences of timely management of BPOs and SESs.
- Sharpen your skills with practical scenarios.
What is the purpose of creating BPO?
To ensure invoices amounts are posted correctly
To eliminate the process of monthly PR-PO creation
For Finance team to park & post the invoices received
None of the above
What does BPO stands for?
Blanket Process Order
Blanket Procedure Order
Blanket Planning Order
Blanket Purchase Order
Which Service Provider needs BPO?
Royal Cargo
Panalpina HK RTN
Panalpina New Inbound
APLL
IVS
MBA for Mango
Rhenus Logistics
What happens if SES is not created by the due date?
It will affect Finance Team financial reporting
$$$ wont appear in the financial report for that particular month
Expenses will under accrue
All of the above
What is the difference between BPO & SES?
BPO is created only once a period (eg. Jan’20 – Dec’20)
BPO is created every month
SES is created only once a period (eg. Jan’20 – Dec’20)
SES is created every month
What should I do if I've used up BPO amount before June 2020?
Create PR every month so finance capture the $$
Reach out to finance/Procurement team to create new BPO
Raise a new BPO for the remaining months
All of the above
If I used up BPO value in November 2020, what should I do?
Raise new BPO for Nov’20-Dec’20
Reach out Procurement Team to create PR
Create PR
None of the above
If BPO amount is going to used up, what we will do? For example: BPO/SES left $5000, you created new BPO for $100,000..invoice amount $7000, what should you do?
Utilise remaining $5000 SES and create a new SES for $2000
Don’t post at all, request approval from Dilin to create PR
Post all $7000 in new SES and inform finance
Post all $7000 in existing SES and inform finance on the overbooking
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