Party Wise Defaults (Discounts, Free Schemes, Rates etc)
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In this tutorial, we will explore a powerful 🔧 feature in Logic ERP that lets you set party-wise defaults for smoother and more efficient billing. You'll find this under 🧾 Party Wise Settings in the main menu.
There are two methods for defining party-wise defaults in Logic ERP:
🧮 Batch Mode: This method allows users to define defaults for multiple accounts at once. Follow these steps:
Open Party Wise Settings from the main menu📋.
Select the required accounts from the search list🔍.
Choose the applicable default options such as CD (💸Cash Discount), TD (💼Trade Discount), etc.
Enter the discount percentage (%) and 💾save the data.
✍️Entry Mode: This method enables users to define values for individual parties.
Select the required parties👥.
Click🔄 Refresh to load their details.
Define the required values for each party separately📝.
To see this feature in action:
Select a party for which a default Cash Discount (CD) has been defined💰.
Add an item to the sale bill🛒.
The predefined discount is applied automatically🎯.
You can also set party + item-wise defaults in Logic ERP! 🎉 This is available under the same settings menu, and you can use either Batch Mode or Entry Mode.
🧮Setting Party & Item-Wise Defaults (Batch Mode)
Open Party Wise Settings and choose Batch Mode📑.
Select the required accounts👥.
Choose the specific items for which defaults need to be set🛍️.
Define the default rate (e.g., ₹155 per unit for a particular item💵).
Save the data💾.
Setting party-wise and item-wise default rates in the Sale Bill module helps streamline billing and ensures accurate pricing. Follow these steps to apply and verify the default rates effectively✅:
📂Open the Sale Bill Module: Navigate to the Sales section and open the Sale Bill window.
🧑💼Select the Account Name: Choose the relevant customer/account for which the default rate has been configured.
🛒Add the Item: Enter the item for which a predefined default sale rate has been set.
⚙️💲Automatic Application of Default Rate: As soon as you select the item, the system will automatically apply the predefined sale rate, eliminating the need for manual entry.
This feature ensures accuracy, consistency, and efficiency in transaction processing. We hope this tutorial was helpful.
✨ Accuracy ✨ Consistency ✨ Efficiency
We hope this tutorial was helpful! 💡 Happy billing with Logic ERP! 🙌