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.