how to check making profit before selling walks through the way to check the cost and sell return...
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HOW TO CHECK MAKING PROFIT BEFORE SELLING
Walks through the way to check the cost and sell return will deliver the correct level of profit when sold at the till.
Prerequisites
Assumes you know how to use stock maintenanceAssumes you know how to use run a report
Assumes you know how to use Purchase orders and/or Good inwards
Programs
System Setup - Setup 2 –Analysis Groups MaintenanceMaintenance – Stock – Stock MaintenanceEnquiries – Sales enquiryPurchasing – Purchase OrdersPurchasing – Goods Inwards
Reports
System Reports – General – Departments Groups MarginsSystem Reports – Price list - Price list by group System Reports – Price list - Products below Margin by Group System Reports – Price list - Products below margin by Supplier
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SET THE TARGET MARGIN PER GROUP BUT REMEMBER IT CHANGES ALL PRODUCTS
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THE MARGIN IS PICKED UP FROM THE GROUP SELECTED BUT CAN BE OVERRIDEN AT PRODUCT LEVELORANGE UPTO 4% AND RED OVER 4% - THIS IS SELECTABLE
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When making the purchase orders check the margins
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The margin can be negotiated at time of order
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DOUBLE CLICK COLUMN HEADING TO RANK THE ITEMS
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AFTER LOADING PRODUCTS A PRICE LIST IS A CROSS CHECK
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AFTER LOADING PRODUCTS A BELOW MARGIN REPORT IS A CROSS CHECK FOR THESE ONLY