Overview Of Company Creation In Marg Books

Process Of Company Creation In Marg Books

Overview Of Company Creation In Marg Books

• In Marg Books, the Main Purpose to Create a Company Is To Start Working In Software and to Maintain The Basic or relevant Details of the Company During Creation I.E. Company Name, Address, GSTIN, Business Type Etc. which allows it to Automatically Carry Out The Transactions As Per Defined Information.
• With The Help Of Creating A New Company In MargBooks, The User Can Easily Keep/Store All The Relevant Information At One Place.

Process Of Company Creation In Marg Books

• Login to Marg Books with ‘E-mail Id’ and ‘Password’.

• The user will click on ‘Create’ Button to Create New Company.

Basic Information

a. Company Name: The user will mention the Name of the company that needss to be created.

b. Address: Mention the Aaddress of the company.

c. Country: The country name will be set as India by default. If the user belongs to out of India, then by pressing ‘Spacebar’ key, the user can change it as per the requirement from the dropdown of ‘Country’ field.

d. State: The user will press ‘Spacebar’ key and will select the state from the dropdown of ‘State’ field as per the requirement.

e. Pin Code: Mention the Pin Code of that particular area in which the Company is located. 

Company Details

a. Branch Code: The software will auto pick the Branch Code on the basis of the Company Name and the user can change it as per the requirment. 

b. Business Type: The user would define business type as per the nature/trade of the business. Suppose select Chemist [Pharmacy].

c. Calender Type: By default, the Calendar Type is set to English. Users can switch to the Vikram Samvat Calendar by pressing the 'Spacebar' key.

d. Financial Year: By default, the Financial Year will be set according to the current financial year.

The user can change the financial year with the help of Calendar icon according to the accounting financial year.

e. Tax Type: By default, the Tax Type is set to GST. Users can press the 'Spacebar' key to switch to VAT.

Contact Details

a. Phone No.: Mention the contact details of the company.

b. Website: Mention the name of the company’s website.

c. Email ID: Mention the email id of the company.

d. The user can also add multiple E-mail id’s by clicking on the ‘+’ sign.

Company Logo

a. Company Logo: The user can upload the company logo as per the requirement by clicking on ‘Upload’ button.

GST/TAX Detail

a. Comp. Reg. Type: 3 options appear under Company Registration Type i.e. Registered, Composition and Un-registered. Select the option/category as per the requirement.

b. GSTIN: The user should enter the GSTIN number here if the company is registered.

c. Reg. Date: The user can mention GST Registration Date

d. PAN No.: Mention the PAN No. as per the requirement.

Licence Info:-

a. Licence No.: Enter the Drug Licence Number.

b. Expiry Date: Enter the Drug Licence Expiry Date.

Other Info

a. Jurisdiction: Mention the city from which the company belongs. This field is auto picked on the basis of the City.

b. Working Style: Working style is used where batch wise inventory is maintained and secondary stock is used.

If the user wants to maintain inventory without identification of lot no., then select ‘Normal without Secondary’ option and if the user wants to record inventory lot wise and with the identification of Batch no., MRP, Size, etc. then select ‘Secondary (Batch/MRP/Size)’.

• The user will click on ‘Save’ button to save the Company.

After following the above steps, the user can view that Company will get created in Marg Books.