Margin Settings for colorants

How to use the Margin Settings for colourants?

Margin Settings for colorants

The colorants should be sold at 40% & above. Based on the local VAT%, the colorant margin is defined.

Follow the steps below to set the margin% for colorants.

1. Click Inventory >> Margin Settings. The list of all the imported items is displayed.

 

2. The Margin% slab for different local VAT% is given below:

Local VAT% Colorant Margin
14.5 22.27
12.5 24.44
10 27.27
8 29.63

The colorant margin settings for 14.5 VAT% is shown in the below image.

 

3. Press CTRL + F1. In the New Margin% field, enter the corresponding colorant margin% for the local VAT 14.5% which is 22.27.
4. Click Apply. A confirmation message to update the colorant Margin% is displayed.

 

4. Click Yes. The update may take several minutes.

 

5. The resetted colorant margin in shown highlighted in the above image.

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