Do not allow Rate Above

YouTube: How to Restrict Rates Exceeding a Specified Limit in Purchase Orders?

How to Restrict Rates Exceeding a Specified Limit in Purchase Orders?

This tutorial explains how to restrict users from entering a Rate higher than a specified limit in Purchase Orders in Logic ERP. This feature ensures that item rates do not exceed predefined values such as Purchase Rate, helping maintain pricing discipline and accuracy.

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Objective of This Feature

• Prevent entry of rates above a defined limit

• Maintain pricing control in Purchase Orders

• Avoid overpricing errors

• Ensure consistency with predefined rates

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Access to Purchase Order Configuration

• Go to Purchase Order Module

• Open Configuration Window

• Navigate to Other Settings

• Locate the option labeled as:

“Do not allow Rate Above”

• Select the desired Rate Type from dropdown

  • (e.g., Purchase Rate, Last Purchase Rate, etc.)

Functionality

• Selected Rate acts as the maximum limit

• System will not allow entering a rate above this value

• Click OK to apply changes.

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Implement Purchase Order

• Start a New Purchase Order Entry

• Enter Supplier Name

• Go to Item Details Section

Process

• Select Item

• Choose Batch Number

• Enter Rate

System Validation

• Enter a rate higher than allowed limit

System Behavior

• System restricts the entry

• Displays an error message

Enter Valid Rate

• Enter a Rate that is:

  • Less than or equal to the defined limit

Result

• Purchase Order is successfully processed

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Key Benefits

• Strong control over purchase pricing

• Prevents overpayment errors

• Ensures compliance with defined rates

• Improves financial accuracy

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Best Practice Tips

• Choose the correct base rate for restriction

• Regularly update purchase rates in the system

• Train users to follow pricing policies

• Use along with approval workflows for better control

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Final Outcome

• System restricts rates above defined limit

• Purchase Orders follow strict pricing rules

• Reduced risk of pricing errors

• Improved accuracy and control in procurement