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Product selling price markup

yasaswi gomes (My grammar is 💯 good I) (7290 Points)

02 April 2022

Hi,

I am tallying a startup. When I adjust the markup, the asset liability mismatch is 5000₹. Since I did not use programming, is there any way to find best markup?

Will a break even sales quantity tally the balance sheet?

Txs

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2 Replies

Eswar Reddy S (CFO- at NHTF) (58213 Points)
Replied 02 April 2022

Use accounting ERP to avoid these kind of issues ..

More over , you have to consider accounting rules .Double Entry System can eliminate this kind of discrepancies

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yasaswi gomes (My grammar is 💯 good I) (7290 Points)
Replied 02 April 2022

Hello, I am doing doing projections. I am also acquiring a foreign subsidiary. I wanted to try tally but formulas cannot be given as tutorials.

The situations is, predetermined/ budgeted costs have increased liabilities. We all understand that when price is high demand falls, on the contrary, I assumed demand is high and hence the marked up the prices which helped actually at 300+% markup which is usual industry practise.

I did solver solution and it seems ok. I have to enhance it more and need to give correct constraints.

With out these gimmicks, the next year difference is reducing.

So I chose cash injection like Mr. Raj suggested or else deal with the markup.

that is why I was enquiring if break-even sales say 30 thousand units, if I account for revenues and expenses, will it tally the balance sheet.