Home > Margerp > Inventory Master > What is Loss on Bill and how to Implement it in Marg ERP Software ?
Overview Of Loss In Bill In Marg ERP Software
Process of Implementation of Loss on Bill in Marg ERP Software
Overview Of Loss In Bill In Marg ERP Software
Marg ERP Software has developed an advanced feature 'Loss on Bill Indication. With the help of this beneficial feature, the user can get to know whether any losses are being occurred or not to the user according to the delivery and costing.
Process of Implementation of Loss on Bill in Marg ERP Software
A 'Loss on Bill' window will appear with different options as shown below:
Loss on Bill Ask for 1-Add items, 2-Always show and 3- Not required: If the user wants to indicate about the losses while generating the bill then select '1' to Add items.
If the user needs that the software must indicate about both profit and losses while generating the bill then select '2' Always Show.
Per Bill Expense i.e. Total Expenses/No of Bills in a Month: It means that in order to calculate the expenses per bill, the user will divide the total bills generated last/in a month with the total no of expenses done. Through this, the user will also get the delivery charge which is approx. Rs. 15 to Rs. 20 and it varies from area to area. In Marg Software, it is already shown as Rs. 15.
Per Bill Profit: It means that how much profit the user requires on each bill. For example, expenses are occurred as Rs. 15 on per bill and profit required is Rs. 10 then the user will enter Rs. 10 in this option to avail the profit. In Marg Software, it is already shown as Rs. 10 and it can be changed accordingly.
Work in W-Whole Sale R-Retail B-Both: This means that whether the user needs that this option should work in Wholesale, Retail or both which can be set accordingly.
After following the above steps, the user can easily manage the Loss on Bill in Marg ERP Software.