Calculation
Last updated
Last updated
YouTube: How to Configure Bill wise or Item wise Calculation Mode in Purchase ?
In this tutorial, we will learn how to configure calculation modes in the purchase voucher to ensure accurate tax and discount application.
Navigate to Purchase Voucher Configuration.
Click on Other Settings-2.
Locate the Calculation Mode option.
There are two calculation modes available:
Bill Wise Calculation
Taxes and discounts apply to the total bill amount.
The tax type selected in the header determines the tax rate for all items.
Example:
Item 1: ₹799(5% GST)
Item 2: ₹1299 (Normally 12% GST)
Since Bill Wise Calculation is enabled, 5% GST applies to both items.
Discounts also apply to the total bill amount.
This method is used when tax and discounts are applied at the transaction level.
Item Wise Calculation
Taxes are applied based on individual item rates defined in the master.
Each item will have its own tax and discount rate applied.
Example:
Item 1: ₹599 (5% GST)
Item 2: ₹1299(12% GST)
Discounts can also be set at the item level.
The Bill Wise method is useful for uniform tax applications, while Item Wise ensures accuracy based on individual item rates. Choose the mode based on your business requirements in Logic ERP.
