The Margin is the difference between value of the cost price and the selling price. A positive margin means profit for the seller while a negative margin is an indicator of loss. The Margin Rule is basically a formula to be applied on the item cost for maintaining a stable profit against an item purchased from a particular supplier.
This article is a collation of all articles that will enable creation and management of Margin Rule through GINESYS in the mentioned order:
- Setup Margin Rule Master - How To: Set up Manage the Margin Rule Master
- The Add button in the Margin Rule Master grid view allows the inclusion of new Margin Rules as and when required - How To: Define or Add Margin Rule
- The records in the Margin Rule Master may need to be Modified to include more information about the margins or modify information already present in the system - How To: Edit Margin Rule
- After definition/creation of Margin Rules, it needs to be mapped Mapped with items, to determine which rule is applicable for which items - How To: Manage Allocation of Margin Rule (Site wise)
- The records in the Margin Rule Allocation (Vendor Wise) Master may need to be modified Modified to include more information about the allocations of margin rules or modify information already present in the system - How To: Edit Vendor wise allocations of Margin Rule
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