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How to set Fix Gross Profit in Profit & Loss Account in Marg Software?
How to set Fix Gross Profit in Profit & Loss Account in Marg Software?
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Ans.1
Go to Masters > Marg Setups > Control Room.
A 'Control Room' Window will appear.
The user will select 'Search in All'.
A 'Controls' Window will appear, in which the user will search 'Profit'
Now, click on 'Accept'.
A 'Profit' Window will appear.
In 'Fix G.P% to calculate stock value on Profit & Loss' option, the user will feed the percentage which needs to fix for Gross Profit as per the requirement.
Suppose Feed '10%'.
The user will press 'ESC' key twice.
Now, click on 'Yes' to save changes.
Now, Go to Final Reports > Profit & Loss.
A 'Closing Stock' Window will appear with the percentage of fix Gross Profit i.e 10%.
Click on 'Yes'.
After following the above steps, the user can Manaually Fix G.P in Profit & Loss Account in Marg Software.