Setting the % amount for the minimum margin on a Quote line can help ensure your Sales team don't give a price which will have a detrimental affect on your margin. Within this article, we'll look at how to select and use the minimum margin % option.
You'll need Prospect CRM Administrator rights to follow the steps in this article.
Step 1: Settings Centre
Head to the System Settings on the left-hand side of the CRM.
Step 2: Search for Setting
Once within System Settings, search for "Minimum Margin" in the search bar.
Step 3: Setting your Minimum Margin Value
Enter your minimum margin percentage as shown below. This will present a warning message to the user when they try to confirm a Quote where there's at least one line that's under this set value.
Step 4: Allow/Disallow Confirming Orders Below Minimum Margin
Finally, you can decide whether to allow or disallow users from confirming the Quote to an order if it's below the minimum margin. This actually prevents users from confirming an order that doesn't meet these rules. Simply select 'Allow' or 'Disallow' to set this.