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Calculation of Sales Value in Different Reports ?

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Calculation of Sales Value in Different Reports ?

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There are some variations in various sales quantities and values appearing in various reports. It can be explained as following :- a. Always refer the value in sales register or general ledger for all your accounting purposes. It is always net sales value. Sales Return, Expiry/Breakage/Claim a/c may or may not be seperate. b. Sales value in sales & stock statement may appear before discount or after discount depending upon the option selected at the time of printing it. There is a question : Calculate sales value after discount ? By answering Y you get net sales value i.e. after discount, and by answering N you get gross sales value i.e. before discount. Adjustments for breakage/expiry/sales return etc. value is not deducted from this sales value. In case of purchase return/transfer out, if seperate columns are not printed, this value is added in sales value. c. Can include or exclude free qty., MSR value, discount, tax in sales value in station wise/area wise/region wise sales reports

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