Scheme Budget & Time period
YouTube: Scheme Budget and Time Period in Sale Bill
🧠Introduction
Logic ERP offers a powerful feature for managing promotional schemes 🎁 based on budget 💰 and time period 📅. This feature enables businesses to define and control discounts, ensuring that promotional offers remain within predefined financial limits. Follow this tutorial for a step-by-step guide to:
🔹 Set up a scheme. 🔹 Apply it to specific items. 🔹 Monitor its budget utilization effectively.
🛠️Accessing the Setup Scheme Option
To begin setting up a scheme in Logic ERP:
📂Navigate to the Main Menu.
⚙️Go to Setup and then Expand Configurations.
📝Lastly, click on Setup Schemes.
This will open the scheme management interface, where you can create, modify, and monitor promotional schemes.
🆕Creating a New Scheme
➕Click on New and enter a name🏷️for the scheme. The scheme name should be descriptive, helping users identify its purpose quickly.
📦Click on New Items to add the product(s) the scheme will apply to.
🛒Select the item for which the scheme is being created. (For example, Maggi 2-Minute Instant Noodles - 500g.)
💾Click Save to confirm the selection.
✅This step ensures that the scheme is linked to the correct product, preventing misapplications of discounts.
📦Defining the Scheme on a Lot Basis
🔄Switch to the next tab to define scheme-specific conditions.
🧾Click on Select Lots to view available product lots with different MRPs.
✔️Choose the lot on which the scheme should apply (e.g., MRP of ₹130).
🔢Double-click on the serial number to select the lot.
🗓️Enter scheme details:
Time Period📆: Define the start and end date for which the scheme remains active.
Scheme Basis📊: Select Quantity (this means the scheme applies based on the quantity purchased rather than total price).
Minimum Quantity➕: Define the minimum purchase quantity required for availing the scheme.
Scheme Budget💸: Enter the total budget allocated for the scheme (e.g., ₹12,500).
Stop on Exceeding Budget🚫: Enable this option to prevent the scheme from being applied once the budget limit is reached.
💾Click Save to confirm the scheme parameters.
🎯By defining the scheme on a lot basis, businesses can ensure targeted promotions based on product batches and pricing variations.
💲Defining Discount Details
🧮Navigate to the third tab to configure the discount settings.
📈Enter the quantity threshold after which the discount becomes applicable.
💰Define Scheme Per Unit—the discount amount applied per unit (e.g., ₹1.25 per unit).
💾Click Save to apply the discount settings.
✅This ensures that customers purchasing the specified quantity receive the appropriate discount without exceeding budgetary limits.
🧾Implementing the Scheme in a Transaction
🛍️Process a sale transaction for the item with the applied scheme.
💾Save the bill.
🎯A scheme prompt will appear—select the scheme and click OK.
🧠The system will automatically apply the scheme per unit (e.g., ₹300 total discount based on quantity purchased).
💾Save the final bill.
⚙️The system ensures a seamless and automated discount application, reducing manual errors and improving efficiency.
📊Monitoring Scheme Budget Utilization
🔍Navigate to Setup Schemes to check the remaining scheme budget.
🧾If ₹300 discount is applied in a sale, the remaining budget will be updated (e.g., ₹12,200 left from ₹12,500).
🚨If a new transaction exceeds the budget, the system will prompt an alert preventing further discounts.
👨💼 The scheme can work in both:
Manual Mode 🤚 (requires user selection)
Auto Mode 🤖 (applies automatically if conditions are met).
Allowing businesses to control how discounts are implemented.
This feature ensures that promotional budgets are effectively managed and that unauthorized discounts are prevented.
✅Conclusion
By following these steps, businesses can: 📋 Efficiently configure promotional schemes 💸 Ensure budget compliance 🎯 Offer structured discounts 🙌 Boost customer satisfaction 📊 Maintain financial control
With Logic ERP, promotions are smart, controlled, and efficient! 💼✨
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