Stock Company offers a parallel classification of stock items. Like stock Groups, classification is done based on similarity in behaviour. The advantage of Company creation is that you can classify the stock items (based on functionality) together – across different stock groups which  enables you to obtain reports on alternatives or substitutes for a stock item.

Company Master is used to maintain the basic/relevant details of the company during creation i.e. Company Name of whose item/product is, Preferences, Dump Days, Minimum Margin, etc.
With the help of Company Master option Marg Software, the user can easily Modify or Delete any Company as per their requirement.

• Go to Masters > Master > Company Master.

• The user will press 'F2' key to create new company.

The user will enter the details of new company as per the requirement.

a. Name: The user will enter the 'Name of the Item Company'.

b. Order Form: The user will enter the Number of 'Order Form'.

c. Invoice Printing: The user will enter the preference Number of 'Invoice Printing'.

d. Dump Days: The user will enter the 'Dump Days' of Item as per the requirement.

e. Expiry Receive Upto: The user will enter the 'Expiry Days' till which Expired Items can be received.

f. Minimum Margin: The user will enter the 'Minimum Margin' on the Company's Items.

g. Sales Tax%: The user will enter the 'Sales Tax' percentage as per the requirement.

h. Sales Cess: The user will enter the 'Cess' percentage on Sale as per the requirement.

g. Purchase Tax%: The user will enter the 'Purchase Tax' percentage as per the requirement.

h. Purchase Cess: The user will enter the 'Cess' percentage on Purchase as per the requirement.

Then, press 'Ctrl+W' key to save the changes.

• Click on 'Yes' button.

After following the above steps, the user can create New Item Company in Marg ERP Software.