Friday, November 25, 2011

$$ Invoices - Cheques $$

The entire week seems to had passed within hours. Site visit/ coordination of work/ call facilitator seems to not stop this week. Tasks are linked and happens one after another. The only day i appreciate is TODAY!!! I also learnt how to issue cheques today.

As contractors finished their job at the site, we (the paymaster) will have to pay for their work done. (Of course....)

I would like to thank Ms Lily for supervising me when i am writing cheques today. I may had made a few mistake if she is not there. (Thanks Ms Lily!!!!!)

In the past, when i see someone issue cheques it always seem so effortless and simple. On the other hand for first timer like me, we had to make sure we issue the cheque to the correct payee. The following are some pointers that i feel is quite important when issuing cheques;

*Sample cheque

1) Look for a statement on invoices (most of the time is at the bottom of the invoice), e.g. Crossed cheque is to be made payable to 'ABC Pte Ltd'. This will be the name that you will have to fill into the "Pay" column on the cheque.

2) Crossed the bank icon and bearer (Alternatively a chop "A/C Payee Only" will do too). This is to ensure only the account payee can receive this payment and prevent transaction errors.

3) XX or /- after the amount. E.g. $8,630.19 XX or $8,630.19 /-. This is to prevent any alteration to the figure by anyone that is handling the cheque. (This is also applicable for the alphabetical for the amount)

4) After the cheque is signed, any alteration to the cheque will require a counter-sign to verify the change by the owner.

Hope this will serve as a useful tips for you and serve as a reminder for myself. :D


Friday, November 18, 2011

Weeeeeek 5

One sentence to describe this week. "Fun, engaging, tired, enriching, and exciting week with myself and contractors"

Fun;
Got to try out the equipment for grouting. Although it is just switching on the equipment, the vibration and seeing the grout pumping into the cracks just amazed me. The most amazing part is when the PU grout dries. It became very hardy and when looking from the inside it seems just like ordinary sponge.

Engaging;
Got to research on mechanical parking system. Watching videos of how it works and the mechanism involved. The only missing part is to visit a parking system that had been implemented.

Tired;
Four out of five days need to go to estate. Transportation wasted lots of time and hence tired and worn off.

Enriching;
Knowledge taught by contractors on how things work and why theory is different from practical.

Exciting;
Trying things out and arranging for work to be done without any past experience. (Taking risks) Knowing brief detail of how things work but not in detail. Rely on trust that the contractor knows how to rectify the problems.

Overall, i do not mind having this adrenaline every week and the ability to learn more things. This is the job that i am looking at, more evaluation is needed so that i can really decide on what to pursuit after diploma. :P

Saturday, November 12, 2011

Week 4 - Hari Raya

This week has only four days as Monday is a holiday and hence NO WORK!!! This week is more of the out-of-office activities as Mr Chan introduce me to more sites and brought me to a piece of land that may have the potential to buy and develop. We also went to look at commercial building at Shenton Way.

I'm starting to like out-of-office as Mr Chan would treat us to lunch and this is a great way to move away from the canteen we had at our building :D We always had good food at either famous hawker or restaurant.


This is the GB building that we had went to view at Shenton Way. It is a 26-storey commercial building with 3 level of basement carpark. Although the carpark is run-down, the office itself is fantastic on every floor with different design and giving a totally different feeling when you are there.

This is the photo i had taken on the 20th storey. The view is marvelous and i really hope i can have one of this i the future.

After getting back at the office, i was instructed to do a feasibility study on this office building and was then analyze by Mr Chan. Mr Chan corrected some of the calculation errors and also added some other factors which makes the study more accurate. I had realized that what we learnt in school is sufficient but it may differ as you work in different field of work. And for every field there is terms that is commonly used and you need to know them so that you can converse well and effectively. For example, when talking to agents we need to know terms like psf (Per Square Foot) / gfa (Gross Floor Area) and to contractor PU (Polyurethane)/ pw (Pipe Work).

*I'm starting to like development and is looking towards next Monday :D