Auditing: Please Help

Sales Agents

Afrisave employed 30 new Sales Agents during the financial year to increase their sales. Each Sales Agent needs to sign at least 2 new customers (retailers or wholesalers) per week. All the required documentation needed to add the customers to Afrisave approved customer list (Masterfile) needs to be handed over to the Accountant every week. Afrisave pays the Sales Agents a 20% commission on the monthly sales made, on the Wednesday after the end of the month. The commission is paid via an electronic funds transfer once a month by Afrisave to the Sales Agents that meet the weekly targets and submitted all the required documentation.

On the first Wednesday of the month, a list of all the sales per Sales Agent is downloaded into an Excel spreadsheet by the Accountant of Afrisave.

The list contains the following details:

- Name of Sales Agent

- Rand amount of Sales per week for the month

- Number of clients per week for the month

- Amount of the Commission

The total of the Amount of the Commission is the amount used to do the payment each first Wednesday of the month. A Commission file is downloaded into an Excel spreadsheet each first Wednesday of the month to do the EFT payment.

Provide recommendations to the Accountant that can be implemented to ensure the validity and accuracy of the EFT payments made to the Sales Agents.