Multiple Customer wise Price Lists and Margins
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🧾 Creating Multiple Customer-Specific Price Lists in Logic ERP 💼
Logic ERP empowers businesses to set up multiple customer-specific price lists 🛍️ and margins, making pricing flexible and precise. This tutorial provides a step-by-step guide on how to create price lists and link them to multiple customers efficiently, ensuring a streamlined pricing strategy that meets business requirements.
Let’s walk through how to set them up step-by-step! 🧠📊
🪜 Step 1: Defining a Multiple Price List 📝
📂Navigate to the Main Menu and select Setup.
🛠️Click on Set Other Item Details.
➡️Under this section, select Define Multiple Price List.
🏷️Enter the name of the Price list and💾 save it.
✅This price list will serve as a reference for applying customer-specific pricing rules.
🧮 Step 2: Configuring Pricing Formulas 📉📈
🧩Go to the Define Formula tab to create multiple configurations.
🆕Click on Create Configuration and enter✍️ the configuration name.
🧠Define the pricing formula to determine the sale rate. For example:
➗Sale Rate = MRP - 40% (where RP is the reference price)
➕ Create multiple configurations based on different pricing strategies, such as :
💸 Fixed Discounts
🧾 Cost-Plus Pricing
📊 Margin-Based Calculations
💾 Save your configurations to ensure they are available for use in the price list.
🔧 These formulas drive the automated pricing logic for your items.
👥 Step 3: Linking the Price List to Customers 🔗
⚙️Navigate to Set Party Wise Settings under Setup.
📌Click on Set Party Wise Price List.
🧑💼Select the customer for whom you want to apply the price list.
🔄Click on the Refresh button to update the customer details.
⬇️In the Price List column, press the Spacebar to open the dropdown menu.
🧾Choose the appropriate price list and link it to the selected customer.
✅Ensure that the correct price list is assigned to each customer to maintain accurate pricing.
🧾 Step 4: Verifying the Price List in a Sales Transaction 🧮
🛍️Create a Sales Bill for the selected customer.
🧠Observe that the predefined price list is automatically applied based on the customer selection.
➕Add an item to the bill and verify that the sale rate is calculated according to the defined price list.
🔍Cross-check that the applied price matches the predefined pricing formula.
🎯 This ensures pricing is accurate, automated, and customer-specific.
✅ Conclusion
By following these steps, you can:
🔹 Create structured price lists. 🔹 Apply formulas for dynamic pricing. 🔹 Assign lists to multiple customers. 🔹 Ensure consistency and transparency in sales.
Logic ERP makes pricing smarter and more efficient 💼💰. Whether you're offering special discounts 🎁 or managing bulk customer pricing 📦, this feature keeps your strategy streamlined and scalable.
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