Forecasting
This query is : Resolved
08 April 2014
HOW TO DO FORECASTING , I HAVE BALANCE SHEET FOR 1 YEAR AND PROFIT AND LOSS A/C FOR 4 MONTHS IN MY HAND
HOW TO PREPARE FORECASTED BAL. SHEET AND P&L A/C FOR NEXT 2 YEARS, PLEASE GIVE ME SOME IDEA?
HOW TO PREPARE FORECASTED BAL. SHEET AND P&L A/C FOR NEXT 2 YEARS, PLEASE GIVE ME SOME IDEA?
Sandeep Dharar
(Expert)
08 April 2014
Forecast Balance Sheet is prepared with the help of ratios. u can compare ur previous yrs ratios & then from that estimate u can prepare forecasted Financial Statements
09 April 2014
it means first i have to find all ratios, but how to make forecasted balance sheet for 1 year?
Sandeep Dharar
(Expert)
09 April 2014
That is explained above. With the Previous years Balance Sheet Figures.
10 April 2014
it means if current ratio is 3,[CA=510000, CL=170000]
WHAT WILL BE THE CA AND CL IN NEXT YEAR BALANCE SHEET?
WHAT WILL BE THE CA AND CL IN NEXT YEAR BALANCE SHEET?
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