Calculate Closing stock (Value of Stock Raw Material) in CMA

How to Calculate Closing stock (Value of Stock Raw Material) in CMA

How to Calculate Closing stock (Value of Stock Raw Material) in CMA
Closing stock or inventory is the amount that a company still has on its hand at the end of a financial period. This inventory may include products that are getting processed or are produced but not sold. On a broad level, it includes raw material, work in progress, and finished goods—the units of closing stock help in determining the total amount.

Step 1
 Open the CMA/FM Tools software, go into Transactions → Holding Period option given in menu bar.



Step 2
Now enter closing inventory holding period days and click on auto calculate button 



Step 3
Now go into Transactions → Profit and Loss A/C option given in menu bar and  click on Opening stock of raw material



Step 4
Now enter Opening Stock of estimated year .



Step 5
Now Click on Closing stock and check mark on "auto calculate" option and save.







Hope this Helps

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