Here are some hints on how to protect your margin
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Profit Colours
To quickly determine what GP% you are achieving on each product, you can see the legend of what the colour represent by following the steps in this document.
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Minimum GP% protection per department
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In the above example, the following is displayed if the GP% is below 10%
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Discount Reasons
Many stores don't realise how much discounts discount they are giving away each day.
You should prompt for “Discount Reasons” each time a discount is overridden to protect your stores profit or lock your POS users from changing prices at POS unless a Supervisor password has been entered.
Here is a sample list of Discount Reasons, but you can add or change these by following this document.
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You can run this report which is an option in the Day Book report.
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Below Minimum GP% Report
Run the Below Minimum GP% Report by following these steps.
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Allow Discounts setting on Stock items
If you want to ensure that users dont give a discount on price sensitive lines you could set the Allow Discount flag to No on those items.
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If the discount or price has changed in POS, the following warning is displayed. Which can only be overridden by a Supervisor.
Refer to the security document for details on how to set security for particular users.
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Price Protection
Striven offers you the ability to lock particular products from falling below a specified markup.
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Profit Colours
To quickly determine what GP% you are achieving on each product, you can see the legend of what the colour represent by following the steps in this document.
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