Overview Of Margin in Marg Software

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

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

OVERVIEW OF MARGIN IN MARG 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.

• Firstly, Go to Masters > Marg Setups > Control Room.

• A ‘Control Room Window’ will appear.
• The user will select ‘Search in all' option.

• A ‘Control’ window will appear where the user will search 'Display Margin'.
• Click on ‘Accept'

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

• The user will now press ‘ESC’ key twice.

• The user will select ‘Yes’ to save.

• 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 Margin will be generated on the basis of cost.

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

• Firstly, Go to Masters > Marg Setups > Control Room.

• A ‘Control Room Window’ will appear.
• The user will select ‘Search in all' option.

• A ‘Control’ window will appear where the user will search ‘Display Margin'
• Click on 'Accept'.

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

• The user will now press ‘ESC’ key twice.

• The user will select ‘Yes’ to save.

• 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 margin will be generated on the basis of Sale in Marg Software.