Free tool
Enter the MRP, your purchase rate, the GST rate and any discount you give. See what you really earn on a pack — after GST and after the discount.
GST paid on purchase comes back as input credit, so cost is counted before GST.
The selling price is the MRP less your discount. Take the GST out of it to get the sale value, then subtract your purchase rate. GST on the purchase is not a cost, because it comes back as input credit.
Margin is measured on the sale; markup is measured on the cost. The same rupees give a bigger markup than margin — both are shown so you can compare with your supplier’s scheme.
A GST-registered shop claims the GST paid on purchases as input credit, so it is not a cost. If you are not registered, add the GST to your purchase rate.
The discount comes out of the selling price, and so out of your margin. A 10% discount on a 20% margin takes away about half of it.
Yes. Gross profit and margin are on the dashboard, and the reports show profit by product and by day.
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