Industry Norm
- The Industry Norm Calculation can be located in the General Information tab of the corresponding scorecard.
- Once you are in the tab you will navigate to the Industry panel to be able to select the industry norm relevant to your entity.
Note following important features.
The system specifies the necessary information needed before calculating the targets for Socio-Economic Development, Enterprise Development, and Supplier Development. Kindly adhere to these guidelines.
Complete the following requirements:
You have the option to select either the most recent industry norm or the average industry norm by ticking the box for applying the average industry norm.
Ensure you click the save button at the bottom of the Leviable calculator to save the changes made
What happens when you make a loss?
The system will request additional inputs such as the Turnover and Net Profit After Tax from the past four years to ensure that the system calculates the target correctly for ED, SD and SED.
Additionally, Please note that if your profit is below 25% of the industry average, you must include the Revenue and Net Profit After Tax from the last four years to make sure the correct target is calculated.
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