: Borrowers often find the NF 902 "interesting" because it determines how much of their sanctioned loan they can actually use that month. If your stock is low, your "Drawing Power" drops, even if the bank has approved a higher limit.

The NF 902 is divided into two primary sections to provide a complete view of business operations:

The is more than a compliance document – it is a tool for financial discipline. By creating a robust, formula-driven Excel template, you not only please your bank manager but also gain real-time insight into your inventory turnover, slow-moving stock, and actual drawing power.

To develop an accurate Excel-based stock statement, ensure your file includes the following sections based on the official NF 902 structure :

Signature of Borrower/Authorised Signatory Date: Place:

If you cannot find an official version, you can build a compliant NF 902 Excel file using the structure described above. Use Excel’s SUM , SUMIF , and IF functions to automate totals and drawing power.