Overview of Changing the Calculation Type of Sales Bill (Inclusive or Exclusive) in MargBooks

• In Marg Books, the calculation type of a sales bill determines how taxes are applied—either Inclusive (taxes included in the item price) or Exclusive (taxes added on top of the item price). Changing the calculation type allows businesses to align their billing process with pricing strategies, accounting practices, and regulatory requirements.

This feature ensures that:

• The sales bills reflect the correct tax computation method.
• Reports and accounting entries are accurate according to the chosen calculation type.
• Businesses can seamlessly switch between inclusive and exclusive pricing without affecting historical data.

Users can modify the calculation type through the Sales Bill Settings in Marg Books, providing flexibility and control over billing operations.

• Go to Sale > Bill > (+).

• A ‘Sale Bill’ window will appear.

• Click on ‘Settings’ button.

• In ‘Calculation Type in Sale’ option, the user will select Exclusive Inclusive or Tax on MRP (inc.) as per the requirement.

• Suppose select 'Inclusive'.

• Press 'ESC' key to save the changes.

After completing the above steps, the user can change the calculation type of the sales bill as required in MargBooks.