Business Settings 0 0

Business Settings allows you to set some of the common business-related information.

Here you can change:

• Business name
• Start Date
• Set Default Profit margin
• Currency
• Time zone
• Logo
• Financial year: For some countries, the financial year starts from January and for some it stars on April. Here you can set the appropriate option for your country.
• Tax information
• Product SKU prefix: Enable this feature to generate a prefix for Product SKU. Once enabled, while adding a new product the SKU field with add this prefix along with the input given or if left empty will autogenerate a value along with this prefix.
• Default Sales discount
• Default Sales tax
• Business Setting > Contact > Default credit limit: The credit limit provided here will be used as default value when creating a customer or supplier
• Business Setting > Sale > Default Sale Discount: The default discount will be used for all sales in POS & Add sales screen.

Sales:

Sales Item Addition Method:

1. It has 2 options: “Add item in new row” & “Increase item quantity if it already exists”
2. This option is related to POS & Sales screen when a new product is added.
3. Add item in new row: It will always add a product in new row
4. Increase item quantity if it already exists: If the product already exists in the cart it will increase its quantity else it will add it in a new row.

Amount rounding method:

The price of the products can be taken as a whole number or as a rounded decimal value by selecting the particular roundoff method. If none is selected the value is taken as a whole number.

Sales price is minimum selling price:

If this option is enabled then the product cannot be sold at a price lower than the selling price set for the product.

It can be sold at a higher price but not at a lower price.

Default Sale Discount:

The default sale discount can be added to products in Business Settings -> Sale