Overview of Cess in Marg Books

Process to enable Cess in Marg Books

Process to Apply Cess in Marg Books

OVERVIEW OF CESS IN MARG BOOKS

Cess taxes are usually imposed to generate revenue for a specific purpose or to fund a particular program, project, or service. This allows the government to ensure that the revenue collected is dedicated solely to the intended use. Examples of Cess Taxes are: Education Cess, Health Cess etc.

PROCESS TO ENABLE CESS IN MARG BOOKS

• Firstly, click on 'Settings' icon.

• A 'Dashboard Setting' window will appear.
• In 'Control Room' option, the user will select 'Configure' button.

• A 'Control Room' window will appear.
• The user will search 'Cess'.

• In 'Surcharge/ Octroi/ GST Cess' option, the user will click on 'Configure' button.

• A 'Surcharge/ Octroi/ GST Cess Settings' window will appear.
• In 'Cess in %' option, the user will select 'Yes' to apply cess in percentage.

In 'Cess Calculation' option, the user will select calculation as per the requirement.

a. Rate*Qty: Select this option to calculate cess on the value 'Rate*Qty'.

b. Rate*Qty-Disc: Select this option to calculate cess on the value 'Rate*Qty' after deducting discount.

Suppose select 'Rate*Qty' calculation.

• The user will click on 'Save' button.

• Now, the user will press 'ESC' key.

PROCESS TO APPLY CESS IN MARG BOOKS

• Firstly, go to Master > Inventory Master > Item.

• An 'Item List' window will appear.
• The user will select the item on which Cess needs to be applied.
• Suppose select 'Cough Syrup' and press 'F3' key.

• A 'Modify Item' window will appear.
• In 'Cess %' option, the user will mention the cess percentage as per the requirement.
• Suppose mention '5 %'.

• The user will click on 'Update' button.

• Now suppose, the user creates a Sale Bill in which Rate is '300' and the Quantity is '1'.
• Cess = ( Rate*Qty ) * 5%
• Cess = ( 300 * 1 ) * 5%
• Cess = 15

After following the above steps, the user can easily Apply Cess in Marg Books.