SAP GRC Transaction

Amount Paid
1st Installment
Ope: 200,000.00
Funmi: 200,000.00
2nd Installment
Ope: 200,000.00
Funmi: 300,000.00
Sub Total = 900,000.00

Expenses
Rent for Training Room: 90,000.00
Instructors: 250,000.00
Server (Obinna): 75,000.00
Sub Total = 415,000.00

Cost of Food (Coffee break, lunch, sweet, chewing gum etc.)

Lunch: 25,200 (7 people for 3days) + 43200 (6 people for 6days) = 68,400.00 (At 1200/plate.)
Drinks: 2,100 + 3600 = 5,700.00 (At 100/drink)
Bottled Water: 4,500.00 (At 50/bottle)
Meat Pie & Doughnut: 18,000.00 + 1,440.00 = 19,440.00
Dano Milk: 900 * 2 = 1,800.00
St. Louis Sugar: 250 * 2 = 500.00
Coffee: Black coffee (1000) + 3 in 1 Coffee (4 * 1000) = 5,000.00
Sweet and Chewing Gum: 1,000.00
Sub Total = 106,340.00

Other Expenses
Balance for RAM Purchased: 3,000.00
Cost of materials (writing pad): 1,100.00
Petrol for Gen and Water (At the office): 7,000.00

Internet Data: 27,000.00

Transportation: 15,010.00
Office Assistant: 9,500.00
Sub Total = 62,610.00

***Outstanding Expenses from previous SAP GRC Introduction class 50,000.00

***6.5 KVA Generator for the office 140,000.00
***Sub Total = 190,000.00

Amount Receivables
3rd Installment
Ope: 237,500.00
Funmi: 137,500.00
Sub Total = 375,000.00

Future Expenses
Cost of Exam
Ope: 85,000 95,000
Funmi: 85,000 95,000

Net income
316,050.00
Expected Net Income
185,000.00 - 205,000.00

Split (Available Net income)

158,025.00
Split (Expected Net Income)
92,500.00 - 102,500.00

Payment to Gboyega stands at N250, 525.00