Dear Members,
Please find the attachment of Stock Statement, where the same has been extracted from software, for the same I needed the following formulas for calculating
Please find the attachment of Stock Statement, where the same has been extracted from software, for the same I needed the following formulas for calculating
1 | Don't bother about heading highlighted in Yellow Color | ||
2 | this one I have pulled out from monthly stock register by using pivot table | ||
3 | meaning of alphabetics | ||
o | Opening | ||
p | purchase | ||
rp | reprocess | ||
s | sales | ||
c | closing stock | ||
u | Consumption | ||
4 | Requirement | ||
Closing stock should get valued at FIFO BASIS | |||
Note: Physical Stock Verification will be done every month, and Closing Stock gets entered every month manually, so no the Closing stock should get calculated on fifo basis | |||
5 | consumption should be on total | ||
opening | |||
+ | |||
purchase | |||
+ | |||
reprocess | |||
- | |||
sales | Rates will be calculated on purchase(FIFO) Basis | ||
- | |||
closing stock | Manual stock will be entered after ward it will be calculated on FIFO BASIS | ||
= | |||
consumption | |||