Before opening Excel, perform a physical count. Common fraud (inflating quantity) leads to forensic audits and account termination.
Remember: In the eyes of Canara Bank, a clean Excel file is proof of a clean business. Keep your formulas transparent, your margins respected, and your obsolete stock removed.
In the past, Stock Statements were manually handwritten or typed on pre-printed forms provided by the branch. However, modern businesses prefer the for several compelling reasons:
: Details on raw materials, work-in-progress (WIP), and finished goods.
(Note: Row 4 gets 0 DP because age > 12 months)