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.
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
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.
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
Key Benefits
Strong control over purchase pricing
Prevents overpayment errors
Ensures compliance with defined rates
Improves financial accuracy
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
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
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