Ideas

Secondary Sales - Promotion resolution and accounts reconciliation

Business Requirement:

  • Customers want to track the promotions/offers that they have agreed to give to MBO / SIS counters

  • They want to track the secondary sales with actual discount figures (manual / promotion/loyalty)

  • Compare both the discounts and see if there is any deviation as per the agreement between them

  • Apart from this, they want to calculate the margins on total Sales by bifurcating it into Fresh / Discounted / EOSS

  • Calculate the net margin to be shared with brands with or without adjustment of GST

  • The end result of this calculation to raise financial CN / DN

Gap in current Secondary Sales posting for Un-Managed Sites

  • There is no parameter to capture these different types of margin parameters

  • Bill No wise posting option via excel sheet

  • Additional fields information is not available to capture all types of discounts / extra taxes

  • Cant enable promotion/discount for secondary sites which will get resolved at the time of Sales posting

  • Not able to compare the actual discount vs offered (agreed) discount

  • Reports that will give all analysis/calculations as needed to conclude DN/CN for monthly reconciliation

Gap in current Secondary Sales posting for Managed Sites

  • There is no parameter to capture these different types of margin parameters

  • Not able to compare the actual discount vs offered (agreed) discount

  • Reports that will give all analysis/calculations as needed to conclude DN/CN for monthly reconciliation

Option to resolve this:

  • Add relevant columns in the Secondary Sales

  • Introduce all calculation parameters

  • Allow allocating promotion for secondary sales - un-managed sites

  • Resolve the promotion via a process

  • Give required reports with final DN/CN value


Customers who have raised this query:

  • Shyam Fashion - Distributor - wants to track this for their MBO / LFS Customers

  • Panchanan / Goel Retail - Distributor - wants to track this for their MBO / LFS Customers

  • Mangla Apparels - Brand Manufacturer / Distribution / Retailing - Wants to track the same for Franchisee Stores and MBO Stores

  • Standard Max - Brand Manufacturer / Distribution / Retailing - Wants to track the same for Franchisee Stores

  • Mufti - Brand Manufacturer / Distribution / Retailing - Wants to track the same for Franchisee Stores

Customers who have asked for this feature:

  • Goyal Sons / RS Brothers / Svidha Stores/ Standard Max/ Chunmun

  • Harsh Nahata
  • Nov 2 2022
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