CMA/FM Tools || Process to Calculate Sundry Debtors in CMA
How to Calculate Sundry Debtors in CMA:
Formula:
Sundry Debtors = Total Sales * Holding Period / 360
Step 1:
Open the CMA/FM Tools software, go into Transactions → Holding Period option given in the menu bar:
Step 2:
Now enter Sundry Debtors Holding Period Days and click on the Auto calculate button:
Step 3:
Now go into Transactions → Profit and Loss a/c option given in the Menu bar and click on Sales/Revenue/Gross Receipts and Enter the Sales Amount:
Step 4:
Now go into Transactions → Balance Sheet → Sundry debtor. Click on the Details Button:
Step 5:
Check the Box on the Auto Calculate Button, and the Sundry Debtors are auto-calculated as per the Formula.
Hope This Helps.
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