ratio of Purchase
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 October 2010
sir how much purchase required for sales in mfg. firm.. what should be the ratio of purchase and sales.
sir,request to all Ca-Club members please assist me with the example.
i am thankfull to all of you.
thanks
virender
sir,request to all Ca-Club members please assist me with the example.
i am thankfull to all of you.
thanks
virender
20 October 2010
There cant be a standard ratio as it can vary from industry to industry.
You may rather focus on GP ratio, if the objective is to check the validity of purchases.
I would however say that if purchase exceeds sales, then it has to be investigated upon.
Hope this helps.
You may rather focus on GP ratio, if the objective is to check the validity of purchases.
I would however say that if purchase exceeds sales, then it has to be investigated upon.
Hope this helps.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- Issuing of delivery challan by seller of goods
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
