Best Practice In Display- Profit & Loss
Schedule 14
Cost of Sales
Raw materials and components consumed 5000
Traded goods 3000
Stores and Packing materials consumed 2000
(A) 10000
Decrease / (Increase) in finished goods
Opening 10000
Less: Closing (11000) ==> Bracket Reprasent need to Subtract
(Increase) / decrease in excise duty on finished goods (1000)
Net decrease / (increase) in stock of finished goods (B) (2000) ===> 10000 -11000 - 1000 =2000
(A+B) 8000
(A+B) Is nothing but my total Cost of Sales Figure
I have Opening Finished Goods Account as 10000 (No Issues)
but Closing value have in Account as 11000 but in report i want to negate that value & also
excise duty on finished goods also will be 1000 stored in account in database even that to be negated in report
can you pl. give best practice of customization of this requirement
Rgds
Srinath
We have found - always save the presentation in PPT format (2003/97) this works almost all the time - it fixes all of the wording issues etc -
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