Striven HELP
Margin Protection
Here are some hints on how to protect your margin
Minimum GP% protection per department
Setup a Minimum GP% allowed per department, which ensures you stop POS users from selling items below a specified GP%.
Note: This warning is only activated if the following POS Setting has been set to Yes.
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in POS Settings Click on the POS Settings tab Check min GP Percent on Dockets |
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Department Setup
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Search for Department Click on Enter Department Codes |
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To “prompt” to the POS operator that they are going below a GP% as a warning only, enter in a GP% in the Minimum profit % sales WARNING level field. To STOP users from going under a GP%, put that GP in the Minimum profit % Sales STOP Level. |
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POS
In the above example, the following is displayed if the GP% is below 10%
Discount Reasons
Many stores don't realise how much 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.
These reasons are shown in the Day Book Report - Exception Reports - Discount Reason Report
You can run this report which is an option in the Day Book report.
Below Minimum GP% Report
Run the Below Minimum GP% Report by following these steps.
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.
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.
Price Protection
Striven offers you the ability to lock particular products from falling below a specified markup.
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.
Below GP% Report
Run the below GP% report to review what products are selling below a particular GP%.