Hi,
I am tallying a startup. When I adjust the markup, the asset liability mismatch is 5000₹. Since I did not use programming, is there any way to find best markup?
&
Will a break even sales quantity tally the balance sheet?
Txs
2 Replies
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 02 April 2022
Use accounting ERP to avoid these kind of issues ..
More over , you have to consider accounting rules .Double Entry System can eliminate this kind of discrepancies
More over , you have to consider accounting rules .Double Entry System can eliminate this kind of discrepancies
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 02 April 2022
Hello, I am doing doing projections. I am also acquiring a foreign subsidiary. I wanted to try tally but formulas cannot be given as tutorials.
The situations is, predetermined/ budgeted costs have increased liabilities. We all understand that when price is high demand falls, on the contrary, I assumed demand is high and hence the marked up the prices which helped actually at 300+% markup which is usual industry practise.
I did solver solution and it seems ok. I have to enhance it more and need to give correct constraints.
With out these gimmicks, the next year difference is reducing.
So I chose cash injection like Mr. Raj suggested or else deal with the markup.
that is why I was enquiring if break-even sales say 30 thousand units, if I account for revenues and expenses, will it tally the balance sheet.
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