Facilities of Update Cost Rate
How to Use Facilities of Update Cost Rate in SwilERP
What is the Meaning of Cost Rate?
The cost rates are pay rates, overhead, taxes, and other additional expenses. In other words, if we speak about a pharmaceutical business cost rate, we mean the total amount of money they receive after all taxes and expenses. In SwilERP, there is an option to update all products' cost rates concurrently, and this option is available in the facilities section in the system maintenance form.
With SwilERP, users can update the cost rate by selecting a specific date change. The cost rate will update according to the selected date range of every product. Do follow the below-given steps to know the process.
Starts with login in SwilERP dashboard to initiate the process
- Go to the System> System maintenance> Reposting> Repost Receipt Entry.
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How to Update Cost Rate
- Go to the Facilities tab and select Update Cost Rate option.
- Select the Date Range "From" to "To", in which you want to update cost rate.
- Click on the Update Cost Rate button.
- While doing this, there is showing a pop-up window.
- Press Yes to proceed.
- And after that, the Cost Rate Updated Successfully; this message will appear with a pop-up window.
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Note: After updating cost rate, this process is applied to your every product in SwilERP Software.
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