ieRetail GP Calculator Reviews

The calculator also has a promotional mix calculator which can be used to calculate the mixed margin a product or category will make based on its relative on/off promotion sales mix.

This function is useful for analyzing target margins or sales share mix in a retail environment as well as to predict gross and net margins when mixing different category share and margin numbers.

The calculator also has the ability to calculate mixed or blended margin on a product or category basis.

It can be used to check a store wide margin by using individual department margins and sales contributions, or you can use it to calculate range margins based on segment margin and sales mix.

In other words, it calculates the nett effect of price and margin fluctuations for either a product, range or category.

In this regard the calculator can work on a product basis and the user is able to change 1 variable and note the commensurate changes in all the other variables for that product.

The GP calculator is a quick calculator for buyers and sellers that calculates GP's, Cost, Sell and Profit on a product by product basis.

You can therefore use it to calculate sell prices, cost prices, profit margins in percentages or dollars, and you have 4 screens so you can compare scenarios.

Changes to promotional mix of sales and margin will result in a new, mixed margin for the category.

This function is usually useful when comparing different margins for different products or segments of products.

You also have the ability to change GST rates so it is equally useful no matter what GST rate may be in effect.

In addition you have 4 screens to compare scenarios.