Overview Of Margin in Marg ERP Software

Process to generate Margin on the basis of Cost in Marg ERP Software

Process to generate Margin on the basis of Sale Rate in Marg ERP Software

OVERVIEW OF MARGIN IN MARG ERP SOFTWARE

• Margin is the amount which is calculated by deducting the Cost Price of the product from its Sale Rate. Margin needs to be maintained to sustain the business for a long time.
• So, with the help of Marg Software, the user can easily set whether the margin needs to be calculated on the basis of sale or cost.

Note: The user must log in to the software with the Supervisor I’d.

PROCESS TO GENERATE MARGIN ON THE BASIS OF COST IN MARG ERP SOFTWARE

• Go to Masters > Marg Setups > Control Room.

• The user will select ‘Search in all’.

• The user will search 'Display Margin' and click on 'Accept' button.

• In ‘Display Margin Y=(Sale-Cost)*100/Cost  N=(Sale-Cost)*100/Sale’ option, the user will select ‘Y’.

• The user will now press 'ESC' key twice.

• Now click on ‘Yes’ to save the changes.

• Suppose there is an Item ‘Lotus’ whose rate is ‘150’,Cost  ‘50’ .
• Now the software will calculate Margin as(’Rate-Cost)*100/Cost’ = (150-50)*100/50 = 200 

After following the above steps, the user can generate Margin on the basis of cost in Marg ERP Software.

PROCESS TO GENERATE MARGIN ON THE BASIS OF SALE RATE IN MARG ERP SOFTWARE

• Go to Masters > Marg Setups > Control Room.

• The user will select ‘Search in all’.

• The user will search 'Display Margin' and click on 'Accept' button.

• In ‘Display Margin Y=(Sale-Cost)*100/Cost  N=(Sale-Cost)*100/Sale’ option, the user will select ‘N’.

• The user will now press 'ESC' key twice.

• Now click on ‘Yes’ to save the changes.

• Suppose there is an Item ‘Lotus’ whose Rate is ‘150’,Cost ‘50’.
• Now the software will calculate Margin as(Rate-Cost)*100/Sale’ = (150-50)*100/150 = 66.67.

After following the above steps, the user can generate Margin on the basis of Sale Rate in Marg ERP Software.