GP & NP % Increase
This query is : Resolved
03 April 2023
Dear Sir
Please provide your valuable suggestion how much GP and NP we can increase from previous year if turnover increase from previous year Rs.50 Lacs
Please provide your valuable suggestion how much GP and NP we can increase from previous year if turnover increase from previous year Rs.50 Lacs
03 April 2023
Check actual figures as per books of accounts.
The increase in turnover may not increase the percentages of GP &/or NP; though minor variation is acceptable.
The increase in turnover may not increase the percentages of GP &/or NP; though minor variation is acceptable.
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03 April 2023
Sir,
15% Or 20% GP and NP increase % acceptable
FY 2021-22 GP 8.06 and NP 4.84
FY 2022-23 GP 9.67% and NP 5.56%
15% Or 20% GP and NP increase % acceptable
FY 2021-22 GP 8.06 and NP 4.84
FY 2022-23 GP 9.67% and NP 5.56%
03 April 2023
Though the variance is more than 10%, but being on upper side, it will be accepted with reference from books of accounts.
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