# Multiple Price List Rates
**YouTube:** [How to Configure Multiple Price List Item Rates in Sale Order?](https://www.youtube.com/watch?v=P6MVGP1JWU8)
## How to Configure Multiple Price List Item Rates in Sale Order?
This tutorial explains how to configure and use **Multiple Price List Rates** in the Sales Order module in Logic ERP. This feature helps automate pricing based on formulas, party, item group, and markdown rules—making billing faster, more accurate, and flexible.
***
### **Objective of This Feature**
* Automate pricing using predefined formulas
* Apply different rates based on **Party** and **Item Group**
* Enable multiple pricing strategies in one system
* Reduce manual calculation errors
* Improve efficiency in Sales Order processing
***
#### Access to **Sales Order Configuration**
* Navigate to **Sales Order Module**
* Click on **Configuration**
* Select the relevant **Sales Order Configuration**
* Locate the option labeled as:
> **Multi Price List Rates**
* In this section, you will find four options. Let’s understand each of them one by one.
* None
* Multi Price List Rates
* Party + Item Groups Defaults
* Party + Item Markdowns
* To enable Multiple lists in Sale Order, define Multi Price list Rate as **None.**
**Note**
* Before using it in transactions, backend configuration is required
***
### **Define Multiple Price List Rates**
* Navigate to **Setup** and expand **Set Other Item Details**
* Open **Define Multiple Price Lists** Module
* Enter the **Expense Name** and Save
**Open Defined Formula Tab**
* Create a **Configuration Name**
* Select **Base Rate** (e.g., MRP)
* Enter **Default Value**
* Choose **Calculation Method** (e.g., Percentage)
**Verify in Sales Order**
* Open **Sales Order Window**
* Select the configured **Price List**
* Select the relevant item from the list.
**System Behavior**
* Example:
* MRP = ₹4,000
* Formula = **MRP – 20%**
* Final Sale Rate = **₹3,200**
***
### **Define Party + Item Group Defaults**
**Define Sale Order Configuration**
* Go back to the **Sales Order Configuration** and open the **Price List Rates** section.
* Then, Set the option to **"Party + Item Groups Defaults"**.
**Define Item-wise Price List Module**
* Navigate to **Setup** and expand **Set Other Item Details**
* Open **"Define Item Wise Price Lists".**
* Define:
* **Price List**
* **Expense Name**
* Under **Price List Configuration**:
* Select **Price List**
* Choose **Base Rate**
* Select **Expense**
**Define Party + Item Group Defaults**
* Navigate to **Define Party + Item Group Defaults (PL Elements)**
* Select:
* **Item Group** (e.g., Jeans)
* **Account / Account Group**
* Click **Refresh** and **Define Expense Value**
***
### Implement **in Sales Order**
* Open **Sales Order Window**
* Select the configured **Price List**
* Select Item belongs to **Shirt Category**
**Result**
* Rate calculated as: **MRP – 30%** (as per configuration)
**Tip:** Press **F4** on rate field to view price list details
***
#### **Party + Item Markdown Setup**
**Define Sale Order Configuration**
* Go back to the **Sales Order Configuration** and open the **Price List Rates** section.
* Then, Set the option to "**Party + Item Markdowns".**
**Define Party + Company + Group/Item Wise Tax/Markdowns**
* Navigate to **Setup** and expand **Set Other Item Details**
* Open **Define Party + Company + Group/Item Wise Tax/Markdowns**
* Select **Party**
* Select **Entry Type** (Company + Group wise / Item wise)
* Select Relevant **Items/Groups**
* Enter **Markdown %**
* Save
**Verify Markdown in Sales Order**
* Select **MRP as Price List**
**System Behavior**
* Example:
* Markdown = **5% on MRP**
* Final Rate = MRP – 5%
**Important**
* Markdowns are always applied on **MRP values only**
***
### **Key Benefits**
* Automated and flexible pricing system
* Customer-specific and item-specific rates
* Reduced manual work and errors
* Faster Sales Order processing
***
### **Best Practice Tips**
* Always verify base rate before applying formulas
* Use proper naming for price lists and expenses
* Regularly update configurations as per business needs
* Use F4 key to audit applied pricing logic
***
### **Final Outcome**
* Pricing is automatically calculated based on rules
* Sales Orders become faster and more accurate
* Users get better control over pricing strategies
* Overall efficiency and productivity are improved
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