PTR PTS Calculator app for iPhone and iPad
Developer: Textile Infomedia
First release : 02 Jul 2022
App size: 4.57 Mb
PTR PTS Calculator for PCD Pharma
What is PTR calculator?
PTR calculator is use to get Price to Retailer. This app help you to calculate PTR for pharma retailers or medicine retailer.
What is PTS Calculator?
PTS calculator is use for get price to Stockiest. This app is simply provide you hassle free calculation of PTS for pharma stockiest.
After implementation of GST in Taxation, rate calculations for Pharma Stockist and Pharma Retailers has been changed. Below formula will give you general idea how to calculate retail and stockist margin. Here PTR means Price to Retailer and PTS means Price to stockist. You can also calculate net scheme. For example, if you want give scheme like 10% than this calculator automatically calculate net scheme value according to the percentage you entered. You dont need to manual calculation and no chance for mistake using this calculator app.
If you are looking for solution of
How to calculate net rate in medicine?
How to calculate margin in Pharma?
How to calculate the profit of pharma stockiest?
How scheme percentage calculation work for retailers?
The answer is PTR and PTS calculator. Using this app you can simply get all results in fractions without manual calculation or other calculator. After lot of search and suggestions of stockiest we create this App to get accurate results of PTR and PTS for PCD pharma Franchise.
What is the formula to calculate PRT and PTS with GST and Net scheme?
In order to calculate PTR and PTS, first you have to calculate value excluding GST.
Value Excluding GST = (MRP )/ (1 + (GST %/100))
P.T.R = (Value Excluding GST ) / (1+ (Retailer %/100))
P.T.S = (P.T.R ) / (1+ (Stockist %/100))
You can add a margin of retail and stockist.
If you are not registered under GST than enter ‘Zero’ value in GST percentage field.
Special Instruction to calculate PTR and PTS.
Please keep in mind that if you calculate value excluding GST of any given MRP, please do not directly minus the % from value. For example if you calculate direct from calculator like 100-12% it gives you result 88. When you add GST in value 88 it gives you result of 98.56. As per the accounting rules value must be equal to initial value 100.
To find correct value excluding GST of any MRP please calculate like this.
(MRP )/ (1 + (GST %/100))
If the MRP is 100 than 100/1.12=89.28.
Now if you add 12% in 89.28 than result is 99.9999.
This calculations can mistake in calculation just use this app and get PTR and PTS in micro seconds.