Projected balancesheet for od facility(for propreitership)

Hello Bharath,

You can get projected balance sheet from a Chartered Accountant.

Originally posted by : bharath
	Dear Sir, I Accountant in One propreitorship Firm, ,  We are Wholesale dealing the business of Food Products, Sweets&etc. we  started Business from April 2013. now Our turnover is morethan 25 to 30 lacs(We paid vat around 125000 . But he needed projected Balancesheet for Bank overdraft facility . for expansion of new branch .hence please send me one format of projected balancesheet  with Actuals & projected for 4 years ( OD needed 7 Lacs)  Therefore i request  to kindly Shares File of Projected P/L balancesheet for Trader and  Project Report  as perBank Request    Thanks,

Dear 

projected Balancesheet will basically be  based on your actual balance sheet os last year.

in your case this is your first year , for this at least your present details of your fixed Assest , current Assets liab..till date is required ...

so its better to consult a CA

Dear Client ,

For the OD Renewal or enhance the limit of the  OD bank required a Projected balance sheet and last year actual  balance sheet, if you want to prepare the projected balansheet you have to prove that to bank in future mu business transcation or turnover of business or expenses , debtors of business. you have to show in projected balancesheet