PMJ OnSite-20260413_101717-Meeting Recording

Speakers

• Speaker 1 0:34
• Speaker 2 1:10
• Speaker 3 29:58
• Speaker 4 35:08

1. 0:34

   Chapter 1: So this is the high level project plan which we have prepared and submit with you. 319s · Speaker 1

   So this is the high level project plan which we have prepared and submit with you. So to environment readiness, this is almost done. We are still working on the commerce side. So that is still in progress. So we are now here on the business…

2. 5:54

   Chapter 2: So once this is done, then you go like, which would be in this December. 306s · Speaker 1

   So once this is done, then you go like, which would be in this December. So this is the overall plan. So any, any question, please. So I think. So there are other members which should be involved in this project and you will be meeting them…

3. 11:02

   Chapter 3: Failed during last 24 hours. 59s · Speaker 2

   Failed during last 24 hours. Let's say if there is any count here, if I click on this tile, it will take me to the list where I can see which all packages have been failed. Then performance, how many files has been uploaded, what is the tim…

4. 12:07

   Chapter 4: Some information graphically represented here. 79s · Speaker 1

   Some information graphically represented here. So there is no data. It just comes in. That's the reason. So this is how this workspace work. Let's go back. Let's go back to the second time. So here you can see two icons. So this is for the …

5. 13:31

   Chapter 5: So, uh, by default user can set a default legal entity, whenever the user logs into the application, it will take them to the, uh, to that defined legal entity. 88s · Speaker 2

   So, uh, by default user can set a default legal entity, whenever the user logs into the application, it will take them to the, uh, to that defined legal entity. Then the initial page, whenever I'm opening the application system should take …

6. 15:00

   Chapter 6: and the recordings it will give you a video a document and also a video recording for that which can be shared then further can be edited just go back then here is your legal entity so if you need to you know switch between the entities you can click on this button it will show you the list of entities available you can choose which entity you need to work on then there is an office icon Obviously. 299s · Speaker 1

   and the recordings it will give you a video a document and also a video recording for that which can be shared then further can be edited just go back then here is your legal entity so if you need to you know switch between the entities you…

7. 20:00

   Chapter 7: five to six days. 271s · Speaker 1

   five to six days. We can start with the hour section. Anything you want to discuss or anything, any change on the plan you want? Yeah. So we have shared this document already with people. If you have invited people, a holiday link. From tha…

8. 25:02

   Chapter 8: So the entire procurement happens with this company and then it will transfer for that company for the idea of selling it. 71s · Speaker 1

   So the entire procurement happens with this company and then it will transfer for that company for the idea of selling it. So purchase is not centralized. Means for PM agents, there is a transition. And for the goal in Mutubak, within the i…

9. 26:31

   Chapter 9: And what would the head office of these entities? 166s · Speaker 2

   And what would the head office of these entities? Okay. So, uh, are we doing in house manufacturing as well in which entity in all of them? and other legal entity do we have in-house manufacturing and for PMJ itself in-house manufacturing e…

10. 29:48

    Chapter 10: That is branch accounting. 295s · Speaker 1

    That is branch accounting. The one is here. Meanwhile, what is your inventory valuation method? What is the inventory valuation method? Are we valuing our inventory on weighted average in all the entities? Is there any sale purchase between…

11. 35:08

    Chapter 11: foreign foreign We just noted on all these and then we can discuss it. 259s · Speaker 4

    foreign foreign We just noted on all these and then we can discuss it. Yeah. So, uh, so this, so first question would be, so are we doing any segment, uh, reporting according to India? So how many GSTL are we holding in the PMJ span? 12. an…

12. 39:29

    Chapter 12: So then apart from this The main focus will be currently on PMJ. 109s · Speaker 3

    So then apart from this The main focus will be currently on PMJ. PMJ. This is all same replica of the other three companies in the US. So even consolidation with U.S. entities required is poor. U.S. actually is a substitute of the Gems. So …

13. 41:45

    Chapter 13: So the next three is, are we preparing GST and vice panel for a statutory accounting? 222s · Speaker 2

    So the next three is, are we preparing GST and vice panel for a statutory accounting? Yes. for all the entities, right? We are working in five states actually. We are active in five states. So what I do want is, I am giving GST input state-…

14. 45:40

    Chapter 14: And this inter branch accounting are routed through HO for all the entities. 204s · Speaker 3

    And this inter branch accounting are routed through HO for all the entities. So the branch wise trial balance is there. We are preparing the branch wise trial balance. Each store is a profit unit. Yes. So in Hyderabad, maybe 8-10 stores. I …

15. 49:06

    Chapter 15: Because suppose, Harvey came to one of my store, he has even something, or probably he has deported, which had something that he had once someone placed with me. 300s · Speaker 2

    Because suppose, Harvey came to one of my store, he has even something, or probably he has deported, which had something that he had once someone placed with me. Whenever, if you want to buy it from any other store, what will happen? My sis…

16. 54:15

    Chapter 16: It will be shown 10 lakhs receivable from one branch and payable from other banks. 274s · Speaker 1

    It will be shown 10 lakhs receivable from one branch and payable from other banks. You will not get this information by that's what we are saying. We will discuss about that. I experienced, you know, companies used to do this branch account…

17. 59:16

    Chapter 17: foreign design Yes, yes, I don't know what happened to me. 129s · Speaker 1

    foreign design Yes, yes, I don't know what happened to me. I don't know. We can define the targets by store by salesperson. The system compares the actuals and we have one simple formula. But if you have something else, then that gives you …

18. 1:01:35

    Chapter 18: foreign foreign Yeah, that's okay you will come to know that same 52s · Speaker 2

    foreign foreign Yeah, that's okay you will come to know that same

19. 1:02:59

    Chapter 19: foreign foreign the entire objective of this workshop is to understand what you are doing and then to see if this is still relevant to have in this system. 50s · Speaker 3

    foreign foreign the entire objective of this workshop is to understand what you are doing and then to see if this is still relevant to have in this system. just to understand

20. 1:04:54

    Chapter 20: Yes Currently, there is a 30-40 column report of CLS. 115s · Speaker 2

    Yes Currently, there is a 30-40 column report of CLS. In that report, whatever permutation combinations, how we want to see it, we are making it right. There is no proper guideline that we are analyzing it. Based on our assumption, based on…

21. 1:07:15

    Chapter 21: No, no, I don't know how much we can do this thing. 294s · Speaker 1

    No, no, I don't know how much we can do this thing. One thing is, say it's the word without the meaning, not just compelling. No say it's the word without the meaning. Say it's the word without the meaning. Say it's the word without the mea…

22. 1:12:27

    Chapter 22: We have this system. 24s · Speaker 1

    We have this system. Vendor wise will come in this contribution margin analysis. Sales analysis will have more to do. There also we have the pacification.

23. 1:13:29

    Chapter 23: So what do we need in this? 206s · Speaker 2

    So what do we need in this? so how many stores are there the list of those stores and then call so if we are if we are considering the stores as the profit center then that is okay if we have a separate definition of a profit center so supp…

24. 1:17:31

    Chapter 24: online Amazon online We started. 102s · Speaker 3

    online Amazon online We started. One is the franchise, one is the exhibition also. Exhibition, whether you consider it as a detail. Shayananik. Exhibition. Exhibition. Exhibition. Exhibition. Exhibition. Exhibition. Exhibition. Exhibition. …

25. 1:19:38

    Chapter 25: So speaking of sales channel, we discussed the door to door selling. 298s · Speaker 2

    So speaking of sales channel, we discussed the door to door selling. So that comes under exhibition. Consignment sale? Consignment sale? Consignment sale? Consignment sale? Consignment sale? Consignment sale? Consignment sale? Consignment s…

26. 1:24:56

    Chapter 26: So what I want to say is as of now we are preparing in India. 273s · Speaker 1

    So what I want to say is as of now we are preparing in India. So, I want the charter account in that way. Yes. And from system perspective, we will suggest you what all heads. So, one is your charter account, there would be some ledgers whi…

27. 1:31:32

    Chapter 27: thank you Hello, good morning sir. 82s · Speaker 1

    thank you Hello, good morning sir. Thank you. Thank you. Thank you.

28. 1:33:38

    Chapter 28: Okay. Thank you. 78s · Speaker 2

    Okay. Thank you. Thank you.

29. 1:35:00

    Chapter 29: Basically, I have understood your point. 72s · Speaker 3

    Basically, I have understood your point. There is only a disease. So, I will talk about it once again. I will always start with you and then I will tell you about it. Okay. Okay. Okay, sure. Thank you.

30. 1:36:27

    Chapter 30: so so See, because I wanted to go back and forth. 83s · Speaker 2

    so so See, because I wanted to go back and forth. foreign foreign foreign foreign foreign

31. 1:38:26

    Chapter 31: foreign foreign So, this is your environment. 91s · Speaker 3

    foreign foreign So, this is your environment. So, this is under your territory. You can see the environment name as PMB Dev Code. So, we have deployed so far, I think, two Dev environment, one VVD environment. So, you will find a little bit…

32. 1:40:07

    Chapter 32: So first of all, I will just walk you through the chart of account structure. 149s · Speaker 1

    So first of all, I will just walk you through the chart of account structure. So how we suggest to create your chart of account that will be configured in 365. So, uh, we suggest to have some headers. So headers are fixed. These are the lis…

33. 1:42:37

    Chapter 33: We strongly recommend to have a unified Charter of Account. 59s · Speaker 2

    We strongly recommend to have a unified Charter of Account. So that means the Charter of Account should be same for all the legal entities. So whatever we are deciding for PMJ, same should be referred in for Indian legal entities. As much a…

34. 1:43:43

    Chapter 34: So in chart up account, we have the grouping, then we have the main account under which all the JL codes work. 183s · Speaker 1

    So in chart up account, we have the grouping, then we have the main account under which all the JL codes work. Then we have financial dimensions. So financial dimensions is a part of chart up account, but it does not create or duplicates ou…

35. 1:47:01

    Chapter 35: So under one employee account only you want to map dimensions you want to. 68s · Speaker 3

    So under one employee account only you want to map dimensions you want to. Employee will be damaged. Employee will be damaged. Employee will be damaged. Employee will be damaged. Employee will be damaged. Employee will be damaged. Employee …

36. 1:48:18

    Chapter 36: so in your case so far we have identified need of three dimensions one is the first view which is your locations second is channel sales and that will be only applicable for your sales discounts leisure and third is employee department also you need expense analysis by departments So the department also will be in the photo amateur. 98s · Speaker 1

    so in your case so far we have identified need of three dimensions one is the first view which is your locations second is channel sales and that will be only applicable for your sales discounts leisure and third is employee department also…

37. 1:50:15

    Chapter 37: So after you review it, you came to my life. 165s · Speaker 2

    So after you review it, you came to my life. These are the eight dimensions that we are going to get into the system. Then what is our next task is to create an account structure. So like that we have to create an account structure. So for …

38. 1:53:19

    Chapter 38: I don't know, you can say, you please say, JVI is a 4-4-4. 74s · Speaker 1

    I don't know, you can say, you please say, JVI is a 4-4-4. So with your quotes, we have the same people. I will, yes. Because again, I need to follow the quotes with respect to me. Yes. Whatever is there, that is correct or something. forei…

39. 1:54:44

    Chapter 39: No, this is Serif. 1s · Speaker 3

    No, this is Serif.

40. 2:12:40

    Chapter 40: So the next question is, do you do scraps? 285s · Speaker 1

    So the next question is, do you do scraps? And TCS on scrap, you also collect. It is on the regular basis. So it is nothing but the mandate only. Any specific condition for that? So coming on to the the holding text that is tedious and tcs …

41. 2:17:46

    Chapter 41: Actually advice of the vendor from there because in that they cannot see the approximately and And what is your depreciation booking policy? 241s · Speaker 1

    Actually advice of the vendor from there because in that they cannot see the approximately and And what is your depreciation booking policy? Do you book depreciation on a monthly basis? Quarterly or yearly basis? But I want to go monthly. S…