Professional Documents
Culture Documents
Tamoor Fans is one of the largest manufacturers of quality fans in Pakistan. Tamoor
Fans, under the leadership of Haji Muhammad Afzal, Chaudhary Muhammad Yousuf,
its chief executive, was also the pioneer in electric expert from Pakistan. Since its first
export sales in 1999, with a modest quantity and value, Tamoor Fans is now exporting
its products to foreign countries. Tamoor Fans has become an instant success for their
quality and durability in all markets stock have been introduced including these
1. Purchase department
3. Production department
6. R&D
8. Internal audit
Fans for internship. I was assigned to the Finance & Account department for starting
weeks and then was rotated to different departments. It was a great knowledge for me
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Chapter No.1
1.1. Introduction:
My purpose of writing this internship report and do internship in Tamoor Fans is to get
information and learn that how they are managing their resources and what strategies are applied
by the organization. As an internee I spent more of my time in Finance department., and I learn
many things about the dealing with the dealers, discount rates given by the company to the their
Tamoor Industries Ltd The history of Tamoor fan is as energetic and bright as the products
themselves. The company suggestions its origins rear to 1988 when the father of Mr. Tamoor,
the organizer and the chief of the Enterprise in progress its processes as the producer of light
engineering and usefulness products and the setup of this mission is a pioneering achievement of
Mr. Haji Muhammad Afzal as the period when there were no services and support of direction in
this part of the sub-continent. He purely took it as a task, undeterred by the opening
complications and sticks to his slogan “No conciliation on Quality”. As a result of creation
innovation and excellent quality and through separate marketing strategies and his strong-minded
efforts were soon completed with success and Tamoor Fans become the principal fan producer in
Pakistan.
1988: Started its process as the manufacturer of bright engineering and usefulness produces.
1990: The Company comprehensive its product variety, introduced different models and then
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1990: To living up to its advanced image the Company keeps itself up-to-date of the newest
technological growths nearby the world, and this allows the Company to constantly announce
1992: Modern CNC machineries and addition molding machineries were fitted to create
1993: The Enterprise extended its processes and started built-up washing machine through
1997: Tamoor Productions took off extra project and taking place manufacturing driers plus
1999: In the time 1999-2000 Tamoor fans attained maximum global quality award ISO-9001
certified company.
1999: The Company transferred fans for the first time and marked its worldwide existence.
2007: Automated shade plant was fitted to develop the finish of the product plus decrease green
pollution.
like Capstan lathe. Automatic Armature Winding and Ovens for baking paint etc.
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1.5. Quality Policy Statement:
Value program of Tamoor Fans is to manufacture such quality produces, which deliver our
client the total fulfillment the world over. To see this responsibility, we constantly modernize
countries.
Tamoor Fans being the greatest famous brand as for the plug-in fans in Bangladesh maximum of
the fan producers in Bangladesh are using "Tamoor Fans" trade mark alongside the creators of
China who are moving their power-driven fans to Bangladesh by the similar Trade Mark.
and skimming machine. It also exports a big quantity of fans to the other countries and is taking
of small level which makes product both at local as well as international level.
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Certificate:
It is the outcome of devotion and loyalty of our extremely professional plans and staffs with
quality that our produces are licensed and recognized through the Pakistan Criteria and Feature
Controller Authority(PSQCA) and also by worldwide specialists like European Conformity (CE
Certification). TAMOOR FANS CO. is an I.S.O. 9001 & 2000 Certified, which reproduces the
clear view for manufacturing the quality and high worth products.
Worldwide Standards. ISO is a set-up of the nationwide standards organizations of 163 states,
one participant per state, with a Crucial Secretariat in Geneva, Switzerland, that arranges the
system. ISO is a non-governmental group that forms a bridge among the public and private
sectors. On the one side, many of its applicant groups are part of the governmental organization
of their states, or are authorized by their government. On the further side, other participants have
their roots matchlessly in the private area, having been set up by national corporations of
manufacturing associations.
Union. CE pattern signifies that a specific produce has accepted a set code of criteria. This
updates the import and exportation of things. CE pattern is becoming a complete essential if you
are a U.S. producer or a producer from someplace in the world. All manufactured goods will
have a changed chain of checks for example medicinal tools has a different quality declaration
guide than domestic electrical tools. High risk stocks will ensure to conform to extended list of
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directions. It is very helpful for producers to acquire CE certification since it confirms that once
the criteria are met, they are free to allocate products through the EU.
Pedestal fan
Bracket fans
Exhaust fans
Room coolers
Washing machines
Political factors have direct influence on an organization. Political instability in any country
has direct impact on its industrial sector. When any new government/party is set to rule they
introduce some tariffs which are in favor to them. These changes in policies on government
level can affect a business to great extent. Political variability is not a good sign for fans
industry because with constant changing in the politicians the Government policies will be
change. When new man comes to control he will make the changes agreeing to his views
he will make the changes in the budget and other trade controls he can make an indifferent
law about import and export of the electric pasts. So, political clashes may cause the Tamoor
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1.10.2. Economical factor:
The economic situation of the electrical fans market is not as good as the prices of the raw
material is disturbing the whole economic chart of the Tamoor Fans. The price of the necessary
Economic variability may cause the Tamoor Fans to go down because Tamoor Fans is a big
represents at roof the Pakistan if economic difficulties will occur defiantly it will make
Economic factors have direct impact on any organization. Due to high rate of inflation in the
country, prices of raw material increasing rapidly. It’s hard for any organization to buy raw
material at higher price and sell the finished goods at lower prices with quality assurance.
Unemployment is also a major economic factor. Because of this evil buying power of public
reduce to great extent. Along with energy crisis prices of electricity and Sui gas are increased
Organization only exists until people like its products or services. Social factors can influence
any organization up to great extent. Now a day there is a demand of battery charging fans
because of when there is no electricity general public use these fans because of its less
A new technology can be very valuable for them because in the development in the
technology the quality of the product will develop and cost will decreases. So, Technology
plays very key role in the success of the industry. If Tamoor Fans uses the technology that
other companies do not have then defiantly their demand will increase. Tamoor Fans using the
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Technological factors also influence a lot on a business functions. As technological changes
are occurring on rapid basis company has to adopt newest technology to remain in competition
Tamoor fan is serving its customers with latest technological and quality products. Tamoor
fan’s research and development department is striving to introduce something new in market.
Tamoor Fan is “ISO” registered firm and fulfill his corporate his social responsibility. This
organization is fulfills all the legal requirements of Pakistani govt. when he export to other
countries of the world. Large tariff rate is paid to the Pakistani govt. when he exports to the
other countries this is also a legal requirement of Pakistani govt. which he fulfills.
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2 Organizational structure:
Organizational Hierarchy Chart:
CEO
General
Manager
Accounts
Department
Tamoor Fans is not at very large scale as larger ns. But has sufficient business that cannot be
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handled by only one or two units. Management of Tamoor Fans has spread its work in different
departments. To run the workings of company professionally these departments are required.
Purchase department
Production department
Internal audit
department. To produce quality goods and cost saving products it is also responsibility of it that
it must has to purchase raw material from a place where it can find fewer expensive material
In Tamoor Fans raw material is also bought from external. Due to this there is a requirement of
this unit. This department buying raw material on behalf of manufacture unit. It is also duty of
By domestic purchases
By imports
By domestic purchases raw material is purchased from different cities within Pakistan.
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Almost every dealer in raw material and spare parts has business relation with Tamoor Fans.
Where there is any requirement of material, that dealer is selected who offers material at
reasonable price and Buying section negotiates with its dealers about rates, quality material.
Sometime charges remain taken as fix for certain period. When fresh order is prepared first latest
In domestic purchases company makes purchases from Gujranwala, Gujrat, Lahore and Karachi.
Sometimes material or parts which are used in manufacturing of fans and washing machines are
very expensive in Pakistan. Because due to lack power resources and other resources the
production cost of such material or parts become very high. Some parts and material are low in
quality. To reduce the production cost Tamoor Fans imports material outside the Pakistan. Trade
inis done to have the standard of making high and provide products at reasonable price.
Aluminum sheets.
Copper Rods.
Mini Motors.
Chemicals.
Countries:
China
Taiwan
Korea
Hong kong
Here is lists of those nations fromwhich typically imports are complete by Tamoor Fans.
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Material from Purchase Inspection
Market Department Department
Purchase return:
When the material is not according to the order then it is returned. If there are any defects in the
material then it is returned to the specific vendor. The copy of details of raw material and copy of
bulti are sent to the vendor. In a few days, the vendor sent the material according to the
requirement.
Tamoor Fans has an check department which deals with the entry of the material. A copy of
purchase or is sent to the review department. The person who is liable for inspection, he checks
the raw material and register with purchase order. He is also answerable for testing then
excellence of material or parts. If there exists some difference among the regular quality that is
stated in then purchase instruction, this department doesn't give approval to enter such material
In Tamoor Fans there is an responsible for the check of raw material and it is his duty to create
sure that the buying made for company is for that material which is of top quality.
This section checks the pass of such material that is whichever of:
Fewer quality
Faulty
Not suitable
Best quality
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Hold no defect
In Tamoor Fans all products are manufactured in this department. It is the department anywhere
forces of company also in the form of finance or in the form of labor is practical on the material
and converted it in the finished goods those can be sell in the marketplace. Well trained plus
Like other organizations Tamoor Fans. is also paying attention on the production and selling
department. Coif the organization knows that how much important these departments are. He
believes that these are the only departments which are the main sources of profitability of the
company.
Staff of production department is highly skilled people. They are not well educated but they have
great experience in their field. 2o people are of management and other 9oo-1ooo people are the
In Tamoor Fans production department is distributed into more sub sectors as:
Motor segment
Winding segment
Body Unit
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Blade unit
Fitting Subdivision
Packing Division
The production of Tamoor Fans is carried-out vast part of Co. where our expert engineers and
employees are fully committed to manufacture the products of Tamoor Fans, keeping in view
international standard of quality in every single stage of production. The computer helped
methods and latest technological machineries are used to manufacture and assemble all of the
models at the same time, thus permitting the demand for the full range to be met without delay.
The management has designed the production process that is highly flexible and permitting
different models and sizes, colors for domestic and international markets, to be collected in
manufacturing areas to confirm that components and sub-assemblies are at their correct stations
along the production line at the right time and can be arrangement fed straight into the assembly
line.
All the production units are fully incorporated with each other. The making management and
engineers constantly control and supervise each process of production in order to maintain the
high value allowing to product design and need. The entire process of product design &
manufacturing is a world class, whole, computer helped procedure and where the computer work
stations & the machines are networked on a dedicated Ethernet network. This permits us to have
full in-house control on the product and process technologies. The management places a great
importance on its staff, the lifeblood of the company and a great deal of effort goes into ensuring
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Production process:
In fan industry there are different steps are use in fan manufacturing which are given below:
Winding:
Winder winds motor body which are called a stator in which winders with help of machine give
definite turns to wires through turn machine in which give number of turns to machine then
machine give a require number of turns to wire and make coils winders these coils fit in body
then this part called a stator, coils fit in body slots through paper and cotton tape and also it
soldering for circuit take this part for varnishing for insulating his body to safe a wire from
shortage of circuit.
Assembling:
Firstly assemble a motor body after take stator from varnishing and close stator, rotters, bearings,
and capacitor, upper and lower cover with screws and heck his specific wattage which is require
for specific model like ceiling fan and pedestal fan with help of watt meter.
Fitting:
In which motor fit on rods with his blades, frames and foot and then to test they operate
according to his requirement and then give for paints, before send for paints in which blades
Paints:
At this stage organization decide a different colors use for different models where painters give
paint to fan bodies and finally give for packing in this departments use on different electric
pumps which are helpful in paints the plans and also in which use heat for the making colors
strength.
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Packing:
In which use a paper and different type material like yarn and others there are different packing
for pedestal and ceiling fan before packing check fan through frequency meters that fan operate
in according to his requirement .in packing department they use a different type of machines are
used for packing like tape packing means after packing they use hold the total packing body.
Store room:
In this industry store room play major role because provide all these inputs in time .it is possible
when all these products are in proper alignment so they have record all these things in computer
During internship I noted some inputs parts where is the basic parts of the fan which are given
below.
CAPACITOR
BEARINGS
ROTORS
MOTOR BODY,
RODS
HIS FOOT, Cotton Tape, FAN FRAME and Machinery use to Rotate Fan
Also store keeper is responsible to arrange all these parts in proper space where they manage in
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Selling and marketing department is very important for international organizations as well as
local companies. A proper department is working in Tamoor Fans for marketing and selling.
It is the duty of this division to make relationship between the customers and the organization. It
is also duty of the department to realize the needs trends and choice of the customers and provide
Tamoor Fans has well educated and well experienced employees who know the needs and
market situation and give suggestions to the manager about marketing, when and where to sale
goods.
In off season Tamoor Fans also sells fans by offering special discounts. It also helps in
promotion of the company. In a survey it is realized that in Karachi 4o% of market share of fans
industry is captured by well-organized and registered firms and 6o% by non-registered firms.
2o% included in 4o% is handled by Tamoor Fans. It is a great achievement and it is market
leader of fans industry. A large quantity of fans is also exported to foreign countries. Huge
attraction, selection, firing and awarding the employees. Human resource management is
energetically operational in Tamoor Fans. Basic duties performed by this sector are as below:
Hiring
Firing
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Maintaining employees record
2.2.5.1 Hiring:
In human resource management there is a proper process of selecting employees, which
are below.
Need analysis
Job requisition
Job advertisement
Sorting application
Initial interview
Testing
Next interview
Final assessment
Orientation
Teaching
Selection on Reference:
Sometimes employees are hired by the references of actively working employees. They can
provide better information about potential employee. They are called for interview on the bases
of reference.
2.2.5.2 Firing:
If an employee is not following the rules and regulations of the company and do not work
properly HR manager motivates him to work effectively. Instead of this if he doesn’t achieve the
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2.2.5.3 Employee training and development:
HR manager is also responsible for training of new employees and making development plans
for employees. For this purpose newly hired employee is trained by active working employee. If
there is any new innovation in the system or in machinery, he conducts training session for
For fresh employees teaching requirements are specified in the job description.
For surviving workers in case of employees teaching need is recognized in TNA form by the
related supervisor of the department. In case of operate members teaching requirements are
measured on ACR form that is filled through the supervisor of the relevant department.
Training needs are identified in Tamoor Fans to enable the employees to do the routine tasks
efficiently and effectively. The purpose of this is to enhance the capabilities knowledge, enable
all workers to their full potential and to introduce the new techniques and to develop and
enhance the professional skills of workers and staff members and to increase the efficiency and
effectiveness of company.
head of the department makes appraisal report for each employee (Staff only) works in
concerning department. The assessment goes on, managers continue to manage these reports
with the comments made by the chief of staff HR. Be updated in accordance with note-taking
staff. Evaluation decides the rate of increase in salaries of employees or for promotion. Report
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2.2.5.6 Maintaining the record of employees:
Manage employee records is the responsibility of the human resources. When the worker is
appointed totally its data then papers are kept in a folder and that folder is kept. The member of
staff records is kept on your CPU by passing on a numerical code. Currently, with the
passageway of period all fresh official papers, plus licenses of training and evaluation reports
are updated in the worker records. Record of each worker has the alike digit which is the code of
The effort of this department is to display the real situation of the company. As there are chances
of fraud and misappropriate in all company. It is the duty of this unit to prevent these stabs.
marketplace. This unit is responsible for the distribution of produces on the market, somewhere
the business needs to enter with and beat the market by offering clients with their quality.
Tamoor Fans depend on the strength of this department. Department is made up of highly
trained and skilled persons to do their responsibilities and to increase exports to the standard
structure.
This department is a source of income for the association and confirms that the association is
changing marketplace. This sector is responsible for the supply of products to the marketplaces
in which the business desires to enter and capture the marketplace by meeting the quality of their
customers.
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Tamoor Fans depends on the strength of this department. The department contains of highly
qualified and knowledgeable people to fulfill their obligations, and to increase exports to the
developed structure.
Head of this unit is liable for contact through foreign suppliers of raw materials, the examination
for new providers as wanted, to import wholly the fresh materials necessary in the manufacture
unit. When the industry began to export, was not designed to process. Then currently, later
increasing a business usages the modern machinery for export. This unit also has an important
part in creating a global market and is engaged in the import and export of all of today's major
challenges under the responsibility of the company's strategy and policy department and try to
Saudi Arabia
Yuban
Afghanistan
Indonesia
Dubai
United Kingdom
the development of the business plus the sector will allocate the amount of buying section buying.
It also pays rewards to further elements of manufacture in the shape of rent,wages and interest
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Tamoor Fans accounting subdivision manager workings below the obligation of Mr.Imran
Haider.
This dep. is responsible to assign the amount permitted through the chief executive in various
departments of the need. The department has also decided to pay the appropriate wage labors.
Tamoor Fans in the accounting department has set a production method of wage labor overtime
system. This dep. arranges yearly reports for the company in September of each year, as
September exists the last month of the year, the department is also liable for the supply of the
Tamoor Fans in bonuses to employees and mitigates the CEO confirms them.
Factors of Receipt:
Recovery from sales through display room
Export fans
Costs:
Wages
Employee salaries
Utilities expenses
Govt. Dues
Government Payments:
Custom Dues
Sales tax
Payments to Suppliers:
The sellers are paid on credit/cash basis
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Vendor are paid on cash
There are different books are used for different data e.g.: Labor book, General journal book,
Dealer book, Local book, and bank book. Mr. Ali, who is headed in the department. He writes
this final data into its respective book, which is called posting.
general journal book from the day book. In the day book data are recorded roughly but in the
general journal book same data are recorded in the finer form. All the data are recorded manually
and according to the rule of Dr and Cr. The data is saved in the book according to the date wise.
In the general journal book the Dr is written with the name of “Banam” and Cr is written with
Labor Book:
Now we will discuss labor book in detail. Accounts of all labor listed there in the book
separately. There are almost hundred people working there as labor. Details of the salaries of the
employees are listed their respective account. Data which is written in labor book is taken from
This process is called posting. All the posting of data are on daily basis. There are two types of
labor which salaries are given on daily on daily and monthly basis. Type one is given salaries on
the daily basis and types two is given salaries on monthly basis.
General Book:
Now we will discuss the general book. All the expenses are listed in this book. There are
different categories in this book. They wrote different expenses in their respective category. All
the expenses are recorded in the Dr Side of the general book in their respective account. All data
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which are written in the general book are taken from the general journal book. When the
expense is occur it is written in the Dr side of the general book. If the expense is recovered then
it is written in the Cr side of the general book. When we are posting the expense in respective
account then along with us totaled of the all previous amounts in the previous date.
There is a category of incoming amounts in this general book. All the incoming amounts are
written in this book. There is a cash sale book which is used during the sale of fans in the outlet
for general customers. The outlet is in the company. This sale book is not used for orders their
dealers. We took this data from the cash sale book and wrote it into the day book. Then this data
transfer to general journal book and then transferred to general book. We did the verification of
the data from the cash sale book. There is discount for their labour. They wrote that discount in
the data also. In the general book all sales of fan recorded in the Cr Side in the account of cash
sale of fan. The date is written, amount and also serial number are written in the general book
when we are posting. The serial number is taken from the cash sale of fan book.
Dealer Book:
Now we will discuss most important book which is called dealer book. Details of all customers
are written in this book. The people who are purchased directly from the company this is called
dealer. This company has many dealers through out of the country and the foreign. Discount
The dealer who purchases fans on daily basis got high discount rather than those who purchase
monthly basis. All dealers have separate file of their account. In this file all details of purchases
of fans on the date wise, and amounts received are also recorded in the file. The entire document
Local Book:
Now we will discuss a book which is called local book. This company purchases raw material
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from vendors. Details regarding these vendors are written in this local book. Most of the vendors
of this company are from Gujrat, Gujranwala and Lahore. They wrote details of the bills of those
Bank Book:
Now we will discuss the book which is called bank book. They have different accounts of
different banks in this book. Records of cash and petty cash are written in this bank book. Those
cheques which are collected by the company, it is written in the Dr Side of this respective bank
account. Those cheques which are paid by the company, it is written in the Cr side of the specific
bank account. There are two other books which are related to the bank book. They are called
When the cheque is received by the company, firstly the cheque is recorded in the book which
specially make for the cheques. All the details about the cheque is recorded in this book. Then
we make payment through cheque, we are recorded the name of the party in front of this specific
cheque which cheque is delivered. The party is the vendors of the company .Now we will discuss
the receiving book. The details of cheques which are received by the dealers are written in this
book. There are some important things are written in the receiving book which is related to the
cheque. The name of the party which the cheque is received, date, amount of the cheque and also
cheque number are written. There is another book in which details of the cheques are written on
the monthly basis. Through this book company can verify the cheques.
This company normally doesn’t cash these cheques which are received. Now we will discuss the
paying book. These cheques are delivered to the other parties to whom company have to pay the
money. These parties are also called vendors of the company. The information of these cheques
is written in this paying book. The details of cheques which are paid to the vendors are written in
this book. In this way cash receiving and paying procedure is completed.
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2.2.9 Sales Department:
Muhammad Qasim is the sales officer of the company. His qualification is M.Sc Accounting and
finance. Orders are received by this person who is normally by phone. If the company already
has that order in its store room then that the incharge of the storeroom will make a dispatch. Mr.
Shaheen is the incharge of the storeroom. This dispatch contains the numbers of fans which are
The incharge will give dispatch to the sales person. Sales person will make a gate pass. There are
two types of gate passes. One is the special gate pass and another is the normal gate pass. If the
order is big then the special gate pass is used. If the order is small then the normal gate pass is
used.
After making the gate pass the sales officer will go to the C.E.O of the company. C.E.O of the
business will sign on the gate pass. Then the truck will move towards its destination.
There are there copies of gate pass with three different colours i.e. yellow, white and off white.
One copy of gate pass is given to the truck driver. One copy of this gate pass, dispatch and the
bill of the order is saved in this particular dealer’s file for further processing. One print bill and
copy of bulti of order is transfer to the dealer through courier service. Sales officer will removal
this manual data in to a computer over software. This information in the dealer books and
Sales return:
If the is any fault in the delivered order. Those returned fans are received through the in charge
of the store. The particulars of these returns fans and copy of bulti also received which is sent by
the dealer. Company replaces those fans with new ones and again send new fan to the dealer.
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observed during doing my tasks in accounts department and visiting other departments. There is
no well-organized communication system in the department. In accounts department there is a
problem that an employee can access the other’s authority without proper authorization. Finance
is also handled by the accounts department which should be separate from accounts departments.
A person who is making the entries of payments is also handles the cheque book. This can be
cause a fraud. one thing is that I observe that there is an unity of command. It is better for the
organization.
There is one more problem in the structure that there is more centralization. It is very difficult for
the top management to understand the problems of the workers and office staff. But heads of the
departments and supervisors do so. In accounts department there is a lot of burden on the
employees. That’s why they are unable to complete their tasks in time. There is need of at least
Chapter No.3
3. Internee work
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3.1 Brief introduction of internee’s office:
I worked in the account & Finance department of the Tamoor fan. The Tamoor fan is located in
the site of area Gujrat. The site area is the business capacity of the Gujrat.
worked most of my time in the account department. Accounts works is very complicated.
Mr.Qasim is the sales officer in the Tamoor fan. His requirement is M.Sc. I worked in the sales
department for two weeks. I learnt so many things about the work of sale. There are both type of
the work done by the sales officer. Manual work and computerized work are done by this
department.
Mr. Tariq is the purchase officer in the company. I worked in the purchase department for one
week. I learnt the overview about the purchase of raw material of the company.
I spent first week of my internship in the account department. In the first three days, I see the
work of the account officer. The person work done and also explained me how this work are
done. There are many books are used in the account department. At the start, I remembered the
books name.
In the second week, I worked by my hand in the account department. I am transferred the rough
data of the day book to the general journal book. This work is called journalizing. The details of
the account, his amount are written. When we recorded the data, the side is also checked. There
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are two sides in the general journal book one is called Dr Side and second is called Cr side.
In the third week of my internship, I am also worked in the account department as well as
production department because the account department works are so much complicated. There is
First Week
Date Department Activities
1st Aug,2016 Account At the first day of my internship, the company’s appointed
department officer said me Welcome and also told me a brief
introduction about the Tamoor Fans.
3nd Aug,2016 Cash department He introduced me about the different procedures that are
Journal entry in required for cash dealings. And said us to record their daily
voucher transactions of their dealings in the form of entries. These
entries were different nature like as of purchase and sale of
every outgoing and incoming stock.
4th Sep,2016 Cash department In this day he told me the books of company, which they
Journal entry in make manual record for checking department like tax. He
books of told me the voucher entry is record in books like purchase
company with sale tax and then mentions in credit which company they
are purchasing, Chenab particle board.
5th Aug,2016 Ledger posting This day he told me the company is posting each entry is
carefully in ledger. As we know we post each entry for
betterment classifying in ledger. I daily gave some time to
record journal entry in journal and ledger.
6th Aug,2016 Purchase This day he told me the purchase invoice, they make daily
invoice transaction invoice. Purchase invoice is that invoice as show
name which material we purchase from supplier. In this
invoice quantity of material purchase and then describe
where we purchase and show unit price, value of exclusive
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sale tax and rate of sale tax.
7th Aug,2016 Sale invoice This day he told me about sale invoice. In this invoice they
display customer name, proper address of company, sale tax
register number ,quantity of sale, sale tax rate and exclusive
sale tax
Second Week
Date Department Activities
8th Aug, 2016 Software This weak he told me about software, how to use the
Mozilla pro fox software and how make entry in software. The special
feature related to the account department is the learning of
Mozilla. It is software in which I learned the following
seven terms which were used in it Transaction, Printing,
Production, Tax report, Report, Account, Final report,
Management and Special.
10thAug ,2016 Transaction This day he told me about how the transaction enter in
Printing software and which entry make in software. In transaction
the below entry make in software
transaction part
Purchase entry, General account entry, Cash and bank entry,
Bank charges, Purchase correction, Sale correction and Sale
and purchase return correction entry.
Printing
In printing section I learned following Invoice printing,
Goods received invoice, Sale & purchase return invoices,
Out gate pass invoices, Invoice list, Sale and purchase
register Excel file and Sale and purchase return register
11th Aug,2016 Production
I learned all types of transaction related to the production
department.
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Production entries, Finish to Raw transfer, Scrap to raw
transfer, Scrap to finish transfer, Detail of production
Tax report
I leaned all applications of taxation in the Mozilla.
Following are included in the tax report:
Purchase register with sale tax, Supply register, Purchase
return register, Purchases register special excise duty
(SED), Stock register Raw material, Stock material,
Summary of invoices and Summary of sum of purchase
invoice
12th Aug,2016 Report
In report I came to know about the following things:
Purchase of an item, Sale of an item, Purchase from a
supplier, Sale to a third party, Purchase from A party, Sale
to A party, Yearly sale analysis, Yearly production analysis,
Yearly consumption analysis
Accounts
I came to know about the following terms after learning
about the Accounts:
General entry
General listing
Account history
Detail account history
Account history
Final report
After studying about the final reports I learned the
following:
Trial balance
Trial balance detail
Trial balance of Master level
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13thAug, 2016 Management
Management is basically related to the software. I learned Third
the following points: Week
Accounts codes related
Product opening balance & rate
Raw code rating
Special
After receiving knowledge about special I came to know
about:
Amount search
Date Department Activities
14thAug,2016 Production After completed my work in account department they
Department referred me to production department. Mr. Umer Fayyaz
gave introduction about him. He told me he is operation and
production manager and got education in specializes in
operation management. He gave me little bit information
about department. In production department, I visited it and
came to known that different types of machineries are used
in the production.
15thAug,2016 Production At this day. He sent me within his secretary to know for the
Department visit of the company to gain information about it..
17thAug,2016 Production This day he told me about machine. And I personally visit
department and stay in all department and production area.
18thAug,2016 Machines This time he expressed me about “dov cutter” which is used
+Polish for resizing amortization and also I visit in assembling
department department.
Fourth Week
Date Department Activities
19thAug,2016 Human resource Muhammad Ali Riaz said us welcome in the human
department resource department as the manager of HR department.
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He gave me the general introduction of this department.
He told me the recruitment process of company
20thAug,2016 Human resource At this day I was staying again in the human resource
Department department. They hire 5 employees in their organization
during my internship..
21stAug,2016 Human resource This day he told the salary policy, how they pay salary to
Management employees. He told me they have not proper policy they
salary policy are paying to some employees.
22ndAug,2016 Marketing This day I visit marketing department this is not a proper
department department, which is being managed by the marketing
Manager Ali Mirza.
24thAug,2016 Marketing This day was very interesting, because the Ali Mirza told
department me the method by which the advertisement is prepared.
Here one other thing through which I got an experience of
practical.
25thAug,2016 Meeting with At this day, I got a chance to sit in their auditors meeting.
Auditor Their work was checked, some faults were discovered
along with some appreciation.
Fifth Week
Date Department Activities
26th Aug, 2016 Design(Pro) It was fifth week of my internship, in which I was
department having some information about the design
department of Tamoor Fan.
27th Aug,2016 Design(Pro) I leaned the software which was named as Autocat. I
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department learned how this software works out. Following tools
were commonly used in this software.
28th Aug, 2016 Design(Pro) At this day, after demands, they told that when
department customer places his order then they come firstly in
the design department.
29th Aug ,2016 Material At this day I met with Mr. Muhammad Asghar who
department was the manager of material department. He told me
about the quality of raw material, he also told me
suppliers who were trustable.
31thSep,2016 Material At this day I learnt about the all types of materials
department that are used in the production of furniture, especially
wood, Polish, fabrication, nuts and bolts etc. they
were having the suppliers of all the types of material.
They have mostly permanent suppliers.
Sixth Week
Date Department Activities
1st Management It was the last week of my internship when I have a
2ndSep,2016 complete knowledge about all the production process. At
this day I spent with the management. They told me about
the hierarchy; financial structure, history, and all that type
of information which i need in my internship report, but
these were missing.
3rd Management At this days, I analyzed the financial structure of the last 2
4th,2016 years that the company was going in what position. I
analyzed the debt, equity, liquidity, asset, liabilities,
expenditures and revenues.
5th Management It was too much good experience which I learned here. I
6thSep,2016 said them to prepare my internship letter.
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3.4 My Job:
Mr.Imran Haider is the account & finance manager provided me the general idea of the account
& finance department. He told me all directions and regulation of the industry. At the first day
there was no task for me to do but I observe the arrangement of department. There was no
abilities that would benefit in upcoming. All staff member were do cooperative and taught me
very well about the all functions of the department. I also learnt about the organizational
behavior.
Most of time was used up in account & finance department. I finished several jobs giving to me
in time. In this department I learned about the interest rate given to dealers on which
circumstances. Selecting a best seller and intervention with him related setting a rate is valuable
in placing a buying demand. Purchase order is placed on the demand of the manufacture
department, then order is given to seller. After distribution of goods GRN and purchase order is
matched.
Research and development departments is very essential for the company and it brings raw
inventions and ideas in the company. It is the age of competition so it is essential for a company
to make innovations new gives new idea to the customers. But in Tamoor fans this sector is not
at work so effectively. There is no innovation in the design of the fans. But at worldwide level
big competitors like japan, china and USA are making new innovations in their produces.
Tamoor fans. But there are some difficulties in quality management. Some worker are employed
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at agreement of per unit wage. There is opportunity of defective produces. They can
I unfavorably see the departments of the company which helped me available to learn causes of
different types of difficulties. First of all management of the Tamoor Fans is very solid they are
managing their assets very well in the advantage of the organization. But on the other hand they
1. What skills and qualifications you think that you have gained from the
internship?
I have learned many abilities from the internship. The company wants from the workers that is a
decent performance. In beginning days I showed non-serious attitude. But Mr. Imran told me that
I have to display a professional attitude to the organization. I made my behaviour well as needs
In buying department I knowledgeable about the placing an order. All process of buying has told
me Mr. Mushtaq. Now I know how to access data of sellers from the database and how chose the
supervisors give me guidance how to perform work. And also give me some documents to
perform a work of verifying. We verify a cheque we had received and maintain records manually
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these cheques. And also to perform work cheque payments which paid and also record in the
Competitor’s information is the main part of any company, so my manager gives the
3. How do you think the internship will influence your future career plans?
Yes, I thought that this internship will guidance my upcoming career plan. We knew that the
practical life is not easy. The up-to-date age is having so much competition as compare to early
age. The practical life is given value to the experienced person. We got experience of one and
half month. The experience is so much value in the practical life. Education is much value but I
And also in our region there are more fan industry are exist so after internship I want to start my
job career in any fan industry so this internship provide a first step to increase my confidence for
future job career and without hesitation I can apply for the job in fan industry.
I have a lot of upcoming plans. To implement these concepts I must have an knowledge and lot
of administration skills. This exercise is not sufficient for it. But I think I have some awareness
about the management. It is a base upon which I will build the full building in future.
4. How do you consider the internship activities that you carried out are
correlated with your classroom knowledge?
Yes must of the actions are related to our class room understanding. During internship I had also
observed that there are no different in practical work which about already had study in our books
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but work perform according to business nature means the roots and bases behind the things
which had studied like I am the student of account & finance in industry maintain different
accounts related to different transaction after the collection of information which are the main
Also observed during internship that the how the change his behavior in different type situation
which had studied in different books and also work and reporting to his higher authority system.
I study total quality management which had studied already but how to do in industry it is
possible during my internship like how to make standard in interior association an also how to
people, place and everything is new. It is my first time to enter in the professional life as an
internee. The time spent on the new people then the friendly environment is created. After the
three day, I knew about the people attitudes, behaviour and habits through my observation. Then
I am enjoyed in my internship work. Time is so much importance of our life. Time creates the
change the situation between the fearer conditions to the enjoyed environment.
During internship also I had observed that in professional field all the work even firm is small
and big is done with proper channels and all the people perform work in proper
departmentalization which cause the work done in good line and also everybody is responsible
for his work and also made proper documentation in which strive to maintains all the things
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In fan industry have more growth because due to altering in weather situation according to my
point of view there are sudden changing take place in this era. There is change weather in hot
For the fan industry there is no use complicated technology and machines so these type of
Due to electricity short decrease there are large different type of problems are exist it also
control after the purchasing of electricity generators which are manage after the making the
proper planning.
In sector can easily manufacture other products means we can increase his product line like
washing machines and other which are remark in product line. This sector is growing so fast as
compared to other industrial sector of the country. This sector also provides a great foreign
currency to our country which can increase the currency rate of our country.
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Current ratio:
Current assets/ current liabilities
2014 2015 2016
1.011:1 1.023:1 1.021:1
Quick ratio:
*Quick assets/current liabilities
*Quick asset=current assets-stock-prepaid expenses
2014 2015 2016
0.520:1 0.438:1 0.369:1
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*Absolute assets=cash+bank+marketable securities
2014 2015 2016
0.079:1 0.012:1 0.012:1
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Operating profit ratio is calculated by dividing the operating net profit by sales. This ratio helps
in determining the ability of the management in running the business.
Net profit ratio:
Net profit/ net sale x 100
2014 2015 2016
0.755% 1.249% (10.76)%
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2: Return on gross capital employed
Return on shareholder funds:
Net Profit/ shareholders’ funds*100
2014 2015 2016
23.077 % 23.620% (37.239)%
Tamoor Fan:
Profit & Loss Account
Vertical Analysis
Description 2014 2015 2016
Sales 100% 100% 100%
Cost of sales (79.00) (80.426) (80.83)
Gross profit 20.99 19.573 19.173
Operating expenses (20.33) (17.746) (17.83)
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Operating profit for the year 0.691 1.828 1.346
Other income 0.109 0.176 0.185
Net profit for the year 0.800 2.00 1.531
Other charges ----- (0.091) (0.093)
Tamoor Fan:
Balance sheet
Vertical analysis
Description 2014 2015 2016
Capital and reserves
Share capital 1.292 1.419 1.416
Unappropriated profit 5.306 6.16 5.623
Total 6.599 7.579 7.039
Current liabilities
Bank borrowings 70.208 61.376 61.497
Current maturity against finance lease 0.168 0.1792 0.1628
Creditors, accrued and other liabilities 23.025 30.865 31.301
Total of current liabilities 93.401 92.421 92.961
Total liabilities 100% 100% 100%
Property and assets
Non-current assets
Property plant and equipment owned 4.988 4.911 4.536
Property plant and equipment Leased 0.142 0.125 0.0997
Long term deposits and prepayments 0.388 0.425 0.4248
Current Assets
Stock in trade 45.904 54.0910 60.637
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Debtors 39.939 38.486 32.949
Advances, deposits and prepayments 1.555 1.302 0.657
Cash and Bank balances 7.084 0.651 0.696
Total current Assets 94.482 94.54 94.94
Total assets 100% 100% 100%
Tamoor Fan:
Profit& loss Account
Horizontal analysis
Description 2014 2015 2016
Sales 89.228% 61.854% 95.5022%
Cost of sales 89.129 62.972 95.977
Gross profit 89.602 57.652 93.552
Operating expenses 71.082 54.047 95.944
Operating profit/loss for the year (13.459) 163.598 70.329
Other income 100% 100% 100%
Net profit/loss for the year (15.922) 154.931 72.939
Other charges ----- 100 97.054
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Provision for taxation/net tax ------ ---------- 100%
Tamoor Fan:
Balance sheet
Horizontal analysis
Description 2014 2015 2016
Capital and reserves
Share capital 100% 100% 100%
Unappropriated profit 105.955 105.753 91.424
Total 104.734 104.626 93.029
Current liabilities
Bank borrowings 118.745 79.63 100.367
Current maturity against finance lease 76.239 96.930 90.985
Creditors, accrued and other liabilities 70.012 122.11 101.585
Total of current liabilities 103.732 90.135 100.756
Total liabilities 103.798 91.091 100.169
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Property and assets
Non-current assets
Property plant and equipment owned 89.715 89.680 92.535
Property plant and equipment Leased 80% 79.999 80%
Long term deposits and prepayments 100% 100% 100%
Current Assets
Stock in trade 111.250 107.355 112.274
Debtors 89.937 87.777 85.759
Advances, deposits and prepayments 60.798 76.268 50.516
Cash and Bank balances 356.406 8.369 107.172
Total current Assets 104.729 91.146 100.594
Total assets 103.798% 91.091% 100.169%
threats to compete in the industry. So, by the help of environment analysis and organizational
structure I can find out the opportunities and threats and strengths and weaknesses.
Experience of owner
Tamoor Fans is only company in Pakistan that exports their fans In the USA.
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Tamoor Fans uses the best modern/high-tech technology like Capstan and turret lathes,
automatic armative winding. CNC cutting machines, wire machines Spark EDm and
Tamoor Fans fitted manufacturing unit of copper wire in 1989. Tamoor Fans also creates
capacitors owner. Tamoor Fans is the pioneers in exports of fan from Pakistan. Tamoor
Fan has received four enameled trophy export for fan and other electrical goods such as
Tamoor Fans has laboring more than 1ooo peoplein its factory.
4.1.1 Weakness:
At the decision-making level there is no way to find the difficulties.
No big investigation came out from them.by producing changed products in the same
Company truly fails to produce a new product which other companies are not
manufacturing.
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4.1.2 Opportunities:
Tamoor Fans (Pvt.) Ltd. Is a pioneer I the export of plug-in fans from Pakistan. To start the
export from Pakistan has participated in the international far of appliances in 1993 in Abu-Dhabi.
The company has also participated in numerous trade exhibitions prepared by the Export
Promotion Bureau and the Federation of Chambers of Commerce and industry in Bangladesh.
Yemen, Saudi Arabia, Dubai, Barain, Qatar, Sudan, Egypt, etc, USA. Tamoor Fans was the first
company to export Pakistani fans to the Middle East. Tamoor Fans became an instant hit for their
quality and durability in all the markets I which they are introduced.
Tamoor Fans is the first Pakistani organization that has got the facility to export their fans in the
United States. They acquired orders in the world exhibition of electronics. The Managing
Director Muhammad Adnan foreign electrical engineer expert brought in new technologies for
the manufacture of fans from advanced countries and Tamoor Fans best products in a constant
process. He got new opportunities for their manufacturing to make their products of high quality
for the fitting of new machinery for the sake of production fans.
4.1.3 Threats:
Tamoor Fans is not having a monopoly on the market have threats from some factors. Following
Divide the market demand units disturb the sales Tamoor Fan.
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Fans main manufacturing states are japan, Korea, Taiwan, Hong Kong, India and china.
Royal fans, which export their produces to Bangladesh, Seri Lanka, UK, Singapore, Dubai,
Saudi Arabia, Kuwait, Oman, South Africa, Negeria, Yemen and Pakistan. Pak Fans with s
solid market in Pakistan, if their time warranty and service that makes them a unique
The working environment are so much struck, there should be friendly environment are
There is no separate department in the Tamoor fan; there must be separate department in
the company.
The Salaries of office operate are low as compare to their works. The staff is not satisfied
In the Tamoor fan there is almost manual system adopted. There should be adopted
There is no R&D department in the company. The company should invest in the
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There is less commitment among the employees. We should work for the problems
Top management should be awarded the bonuses for the best performance of the
promotion in the company through the policy the employees are so much confident about
the job.
There is no arrangement of food facility in the company; there should be a canteen in the
company for the employees in this way time of worker working in production dept. is
saved.
The company is follows the centralized system, the company should follows the
decentralized system. Because the employees are the backbone of the company.
There is no marketing of the products; there should be markets of the new style of the
products.
There is less advertisement of the products; there should be separate budget of the
The company has already export of products; the volume of exports should be increased.
In this fan industry also have no quality department only have checkers according to my
point of view they establish quality department which have his management system
which also have own documentation and reporting system because they want it increase
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his product line if they not to establish then they bearer heavy losses in different shapes
like wastage of raw material, and also there are large number of goods return from the
dealers which cause to flap different products which have previously more expenses.
If there is a good room for the staff working in the company then the time of staff also
saves.
Worker also face some difficulty when they come at work in the morning time because
gate keeper check them and he take more time you also trust on your employee.
Bonus and salary schedule is also provided to the worker before giving them these things.
If there is proper communication in the whole factory then the time of all dept is also
saving.
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6 References:
1. Director marketing
2. Director Finance and Purchase
3. General Manager Finance (Mr. Imran Haider )
4. Chief Accountant
5. Accounts officer
6. http://www.tamoorfans.com/index.php
7. http://www.phonebook.com.pk/company/67144-Tamoor-Fans-Company#cCompProfile
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