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How to Calculate Cess on Gross Value in Marg Software ?

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Ans.1

In Marg Software, the user can calculate the CESS of the required value i.e. Tax, Value of goods, Rate* Qty, Total value, etc.

In order to Calculate CESS on the Gross Value, the user will follow the below steps:

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

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

  • 'Controls' window will appear in which the user will search 'Item Wise Cess'.
  • Now click on ‘Accept’.

  • A 'Calculate Cess' window will appear.
  • In 'Sales : Calculate on A-Tax/B-Rate*Qty/C-Total/D-Gross/Q-Qty' option, the user will select 'D'.

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

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

Suppose the creates a Sale Bill, therefore calculation for Cess will be as follows.

  • Cess = [( Rate * Qty ) * 12% Tax ] * 10% Cess
  • Cess = [(100*1) * 12%] * 10%
  • Cess = 11.20

After following the above steps, the user can view Cess will Calculate on Gross Value in Marg Software.


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