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.
Prerequisites
You'll need a 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 or click here.
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: Configure the Margin Warning Record Level
If the minimum margin percentage has been defined, you can configure whether the margin warning should be based on either the Quote Line margin or the Quote's overall margin.
Step 5: 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.
