Filling a stock statement

How to fill a stock statement

 

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Quick Summary
This discussion explains how to complete a stock statement, often required by banks for hypothecation. It suggests obtaining a format from your bank or using a template from accounting software. Crucially, the statement should be based on a physical stock verification report, ensuring accuracy. The process might involve using specific software functions like 'MODIFY' and 'LODGE' for corrections and resubmissions.

Take format from Bank or other feasible form and submit it ..

You may generate it from accounting software
Are You asking for bank...?
If Yes,
You can get format from Your bankers.
You can also fill the stock statement from physical stock verification report
Physical stock verification ŕeport is different.Its better to handle it personally.
One must fill the stock statement based on physical stock verification report only ..The format and purpose can be different

How do I enter a stock statement in Finacle?

  1. Use option MODIFY.
  2. Select the record for correction.
  3. Go to Particulars Tab and tick 'Withdrawal'
  4. Verify.
  5. Use option LODGE to enter the stock statement again with correct Review Date/Due Date.
This is being submitted to bank for hypothication.
The query is about how to fill stock Statement
Take format from Bank or other feasible form and fill using stock report available

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