Preparation of stock statement

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

03 August 2012 Dear Experts

How to prepare Stock statement and what is the use of it.

when we prepare Stock statement ?

what are the key observations (Bankers point of view) in Stock statement.

How to increase working capital using stock statement.

Please provide complete information relating to stock statement.

Thanks & Regards

CA Guru M

CA Guru M (Expert)
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04 August 2012 Stock statement is the statement of stock held by the Company @ the end of the month.

It should be submitted to Bank generally 10th of following month.

It should be prepared last day of the month.

Stock description, category, code, qty , rate & godown etc should be stated.

Working Capital (Drawing power) is derived by using following formula.

75% (Stock+Drs-Crs for goods)

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Querist : Anonymous

Querist : Anonymous (Querist)

06 August 2012 Thank u sir

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