Stock statement format and calculate procedure for sbi

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....tock statement format and calculate procedure for sbi<br> Query (Issue) Started By: - Sundaraiah kollipara Dated:- 10-5-2026 Last Reply Date:- 11-5-2026 Banking - Finance<br>Got 2 Replies<br>Companies Law<br>Sir, A small business person Rs.12 lacs business loan from SBI bank Question: How to prepare procedure stock statement and any format for SBI bank Reply By YAGAY andSUN: The Reply....

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....: If you have taken a business loan or CC/OD limit from State Bank of India, the bank may require a monthly stock statement to assess your drawing power and working capital utilization. A stock statement generally includes: • Raw materials • Finished goods • Work-in-progress • Receivables/debtors • Creditors • Stock ....

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....hypothecated to bank Banks use this for: • Drawing Power (DP) calculation • Working capital assessment • Monitoring loan utilization Procedure to Prepare SBI Stock Statement • Calculate Closing Stock Prepare details of: Opening Stock + Purchases - Sales = Closing Stock Use: • Purchase bills • Sales regis....

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....ter • GST records • Inventory/stock register • Classify Stock Typical categories required by SBI: • Raw Material • Finished Goods • Semi-Finished Goods/WIP • Stores & Consumables • Sundry Debtors/Receivables • Debtors Ageing Mention: • Debtors below 90 days ....

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.... • Debtors above 90 days (normally ineligible for DP) Example: • Below 90 days: Rs. 3,00,000 • Above 90 days: Rs. 50,000 • Deduct Creditors Mention supplier dues wherever required. Basic Stock Statement Format Particulars Amount (Rs. ) Raw Material 2,50,000 Work in Progress 50,000 Finished Goods 4,00,0....

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....00 Stores & Spares 25,000 Total Stock 7,25,000 Sundry Debtors (<90 days) 3,00,000 Gross Current Assets 10,25,000 Less: Creditors 2,00,000 Net Current Assets 8,25,000 Declaration: "Certified that the above stock/book debts are true and correct and are not charged to any other bank/FI." Also include: • Business name ....

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.... • Signature of Proprietor/Partner/Director • Date and seal Documents commonly attached: • GST returns • Stock register • Debtors/creditors list • Sales summary • Stock insurance copy Important Points: • Submit monthly within due date • Figures should broadly match books/GST data....

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.... • Avoid inflated stock values • Keep bills ready for verification Reply By FCA Adv amit aggarwal: The Reply: there is no specific formats of it. sometimes bank accepts on loan below 20 lac value of closing stock with units and figures But it depends bank branch total loan handling capacity. some points need to consider 1. value of stock should be calculated as pe....

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....r IND AS 2. 2. CA may certify it. sometimes bank auditor made objection on without certified stock statement submitted by borrower. 3. branch auditor followed the guidance note on bank branch audit (2026 edition) to scrutinize the stock statements. so before making such statement, such guidance note should considered also.<br> Discussion Forum - Knowledge Sharing ....