CalcNett Help Index

Welcome to CalcNett Help. Below is a list of the main topics in this application. To view help for a particular topic simply place the cursor on the topic below (the mouse pointer will change to a hand) and press the left hand mouse button.

Introduction

What is CalcNett

Definitions

Purchase Cost

Landed Cost

List Price

Marked Up Price

Discounted Price

What's a Gross Margin

Using CalcNett

Entering Purchase Values

Changing the Foreign Currency

Changing the Gross Margin

Changing the Discount Rate

Performing Price Calculations

Set Up Options

Specifying Or Changing The Local Currency

Changing The Rates For Foreign Exchange and Landing Factors

Changing The Paste Link Option

Changing The List Mark Up Factor

List Price Round Up

Saving Options and Settings

Registering

How to Register your Copy of CalcNett


What is Calnett
What is CalcNett

CalcNett is a standalone Windows 3.1 application for determining the selling costs of purchased items. CalcNett can provide the user with a very rapid means of determining the following costs and prices from the purchase cost;

Local Cost

Landed Cost

List Price

Marked Up Price

Discounted Price

The user must enter the Purchase Cost of the item (in the currency of the selling country) and CalcNett will automatically determine the Landed cost, the List Price and the Discounted Price when the calculate button is pressed.

Since CalcNett would typically be used in conjunction with another Windows application (such as a quotation package) CalcNett will always 'Stay On Top'. This gives the user to ability to quickly switch between CalcNett and another Windows application.

CalcNett also Has the ability to use the Windows Clipboard to transfer prices to other applications. This reduces the amount of typing which is required by the user and therefore the possibility if errors.


Purchase Cost

The purchase cost of an item is defined as the actual cost paid for an item. This is expressed in terms of selling countries currency. The purchase cost is converted to a Local cost with the use of the appropriate exchange rate and finally to a Landed cost with the use of the appropriate Landing Factor.


Landed Cost

The landed cost of an item is the cost (in Local Currency) multiplied by the Landing Factor to take account for packaging and postage. This is the cost of getting the item to your office or factory.

Note that a landing factor is used when the actual cost of packaging and postage is not known but a reasonable value for this can be estimated as a percentage of the purchase cost. If the costs of packaging and postage are known these should be added to the purchase cost and a landing factor of zero used.


List Price

The list price of an item is the landed cost of an item multiplied by the Mark up to List factor. This is the selling prices before any discount is given.


Marked Up Price

The marked up price is the net selling price of an item determined from the required gross margin. If you require to work on a cost plus basis or a required margin basis this is the price you should use. See changing a gross margin for instructions.


Discounted Price

The discounted price is the net price of an item after discounts have been given. This price is determined from the List price with the appropriate discount applied.


What's a Gross Margin

A gross margin is the percentage of the net selling price which is profit. It is calculated using the following equation.

Gross Margin = Net Price - Cost Price  X 100%

         Net Price

So for example an item sold for a net price of 100.00 at a 50% gross margin will produce a profit of 50.00.


Entering Purchase Values

To enter a purchase value simply select the Purchase Price entry box and type the new price. Note that this box will accept values in the range 99999.99 to 0.01.


Changing the Foreign Currency

The foreign currency can be changed by pressing the [image]  Or [image] buttons alongside the foreign currency. The foreign currency scrolls between;

British Pounds Sterling	£ UK

European Currency Unit	ECU

Italian Lire	Lire

Canadian Dollars	$ CAN

Japanese Yen	Yen

North American Dollars	$ USA

German Marks 	DM

French Franks	FFr


Changing the Gross Margin

The Gross Margin can be changed by pressing the [image]  Or [image] buttons alongside the 'Marked Up @' text. The Gross Margin has a valid range of 1% to 99%


Changing the Discount Rate

The Discount Rate can be changed by pressing the [image]  Or [image] buttons alongside the 'Discounted @' text. The Discount Rate has a valid range of 1% to 99%


Perfroming Price Calculations
Performing Price Calculations

Price Calculations are performed when the user presses the Calculate Button or when the Enter key is pressed. Note that the user must have entered a valid purchase cost before pressing the calculate button.

If the user changes the foreign currency, the discount rate or the required gross margin the new price is calculated automatically. The same is true if the user has just returned from the Set Dialog. In this way the user is assured that all of the prices produced by CalcNett will be correct the latest information (indicated by the purchase price being selected). If the user requires further confirmation of this the Enter key can be pressed which forces CalcNett to recalculate all the costs and prices.


Set Up Options

Specifying Or Changing The Local Currency

When the user runs CalcNett for the first time they will be prompted to specify their local currency. This selection is used to display the correct local currency prefix/suffix to all the calculated valves and serves as a reassurance to the user that the prices produced are correct for their local currency.

To change the local currency the user must activate the system menu (the bar icon located to the left of the window caption bar) and then select the 'Change Local Currency' option. Note that the option should be used with extreme caution since this will affect all of the foreign currency Exchange Rates and Landing Factors. As a precautionary measure CalcNett will automatically reset all of these valves to 0.0001 thus making it obvious to the user that these values are now invalid.

Changing The Rates For Foreign Exchange and Landing Factors

The rates for Foreign Exchange and Landed Factors can be changed in the Setup Dialog by selecting the Setup button. When this button is pushed the Setup dialog will appear where the users can enter the new rates for foreign exchange.

Note that if these valves are changed by more than a factor of 2 the user is prompted to verify the change. The reason for this is that as a general rule the exchange rates and landing factors for foreign currencies do not change by more than a few percent on a day to day basis.

Changing The Paste Link Option

The Paste Link Option allows the user to automatically transfer any calculated value from CalcNett into the Windows Clipboard ready for pasting into another Windows application. To change the Paste Link Option press the Setup Button and activate the required Link Option. The choices available are;

Purchase Cost (In Local Currency)

Landed Cost

List Price

GM Net Price

Discounted Price

Changing The List Mark Up Factor

The List Mark Up Factor can be changed from the Setup Dialog by pressing the Setup Button. This factor has a valid range from 1 to 10.

Specifying List Round Up

The List Round Up Option can be changed from the Setup Dialog by pressing the Setup Button. This option is supplied for those whose practice it is to round their list prices to the nearest 0.10. With this option checked a calculated list price of for example 1.21 will be displayed as 1.30. This rounded list price is used when determining the Discounted Price.

Saving Options and Settings

When the user selects the OK button from within the Set Up dialog box CalcNett will check to ensure the validity of the data entered into each of the fields. If all of the data is valid the settings are saved and become the current settings for use in all future calculations.

If the user selects the Cancel button from within the Set Up dialog all changes which have been entered are ignored.

When closing down CalcNett by selecting the Close button the settings for the selected currency, the Gross Margin and the Discount are automatically saved and become the default values for the next time CalcNett is activated.


How to Register your Copy of CalcNett

Registration of CalcNett could not be simpler. If you are using an unregistered copy of CalcNett simply select the Register Button from the copyright notice displayed when CalcNett starts and fill in the form. If you are using a registered copy and would like to register further copies simply double click on the 'Register' file in the Program Managers CalcNett Group and fill in the form.