What i do is run the ballistics program for whatever load i'm using. Once your rig is sighted in then loosen the allens on the turret and rotate to zero, then retighten. The shaft is calibrated for rotations and the turret housing (on that scope) is calibrated for 1/8th MOA (should be 8 clicks between #'s).
That turret should be accurate and repeatable,a s it has a reputation for being so. This can be checked but beyond the scope of this writeup for now.
Now go out and check the ballistics program calcs for accuracy at several different ranges. Suppose it says that u should be 4 MOA low @ 400 yds. and u find you're actually 20" low. Divide that # by 4 and u get 5 inch per hundred yds. (IPHY). To convert to MOA now just divide by 1.05 since there is 1.05 IPHY per 1 MOA. This means u're actually 4.8 MOA low instead of the calc'd 4 MOA. Now do this at several other yardages to find out what the correction should be. Now rerun the ballistics program changing muzzle velocity or bullet BC until the computed trajectory matches the actual trajectory. Now you're set FOR THOSE PARTICULAR CONDITIONS you're shooting in. Now check the program for +/- 10 degree variation, and see if there's a big difference in long-range "dope". Usually it's not too different to 500 yds. +/-. BP won't make a huge difference either to those shorter ranges. now put the info on a range card (or sticker) in 25 or 50 yd. intervals, and you're set. The scope's mounting system is important too, but probably won't make a lot of difference for now out to only 500 yds. since u have 50 MOA of adjustment range with it.
For windage, Radio Shack carries a small wind meter (anemometer) for about $25, and i think Midway has 1 too now that's pretty cheap. The ballistics prgram will calculate wind deflection in 10 mph @ 3 (or 9) o'clock in MOA also. Suppose at 300 yds. your windage is 1.5 MOA. That plex reticle subtends 2 MOA either side of the reticle's axis (@ 18X only). Just divide 1.5 by 2 and you've calculated the reference @ .75 of a "plex unit". Now do the same for all the 25 or 50 yd. intervals just like your vertical trajectory, and you're covered, and note it on your range card. Winds from 1,5,7,11 o'clock r not 33% of "full value". They're generally about 60%, and winds from 2,4,8,10 r usually about 80-90% (something to keep in mind). These r very general comps here, but they'll work to some degree. The best way to describe windage that i've ever heard is "stirring the cauldron", but it can be stirred with a degree of consistency to the short to intermediate ranges that'll surprise you once u start to apply this stuff afield...and why not?? Shooting woodchucks allows u time to apply a system like this, and before u know it, it'll become second nature, and u'll be able to do it faster the more experience u have. That in a nutshell is how it works.
Try it-- it's a kick getting that 1st shot on tgt. that'll frankly blow your buddies minds-- still blows mine every time i see it happen.
Reticle rangefinding is a little more complicated but can be done with a fair degree of accuracy (with your plex reticle), but again beyond the scope of this writeup.