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HOW TO CALCULATE BANK DP (Accounts)

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This query is : Resolved

Author : Anonymous

( Author )
14 March 2011

Please tell me How to calculate Bank Dp for cc limit. Is there any file? kindly send me



Rajan Kapoor

( Expert )
16 March 2011

Month End Closing Stock Rs. 25000 less margin Rs. 6250= Rs. 18750 Debtors Rs. 10000 less Margin Rs. 4000= Rs. 6000 Total Drawing Power (Stock +Debtors) Rs. 24750
Above is simple example for stock statement. Normally Margin for debtors are 40% but you should refer sanction letter of the bank. Also Give details of Opening Stock+Purchase-Consumption = Closing Stock


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