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Free Scheme (%) As

YouTube: How to Implement Lot wise Free Scheme % in Purchase and Sale ?

How to Implement Lot wise Free Scheme% in Purchase and Sale ?

In this tutorial, we will walk through the Free Scheme options available in both Purchase and Sales configurations within Logic ERP. These settings help automate promotional offers like free quantities or trade discounts during transactions.

Purchase Configuration – Free Scheme Setup

  • Navigate to Purchase Configuration and then click on Other Settings 3.

  • Locate the “Free Scheme (%) As” dropdown.

As mentioned above, follow the given steps and select the appropriate option from the dropdown as per your requirement.

  • Free Quantity Scheme

    • Define purchased and free quantities (e.g., Buy 10 strips, Get 1 strip free).

    • Once the configuration is saved:

    • In a new voucher, entering 10 strips automatically applies 1 strip as free.

As you can see, based on the purchase quantity, the Free Quantity scheme has been successfully implemented in the sales scheme.

  • Free Quantity or Trade Discount (TD)

    • Set scheme as 10% TD.

    • System auto-calculates it as 9 + 1.

As you can see, we have defined a 10% Trade Discount (TD) along with the purchase quantity, and the software has automatically converted it into a 9+1 sales scheme based on the TD.

  • Priority Rule: If both Free Qty and TD% are entered, Free Qty takes precedence.

This picture shows that when both Free Qty and TD% are entered, the system prioritizes Free Qty.

  • Additional TD-like Options

    • The last two options in this section work similarly to TD-based schemes.

Sales Configuration – Free Scheme Implementation

  • Navigate to Sales Configuration > Other Settings 2

    • Find the “Lot Free Scheme As” dropdown.

As mentioned above, follow the given steps and select the appropriate option from the dropdown as per your requirement.

  • 1. Free Quantity Inclusive

    • When selecting a lot during sales:

      • Free quantity is shown in the Prod Unit column.

      • E.g., Entering 5 units becomes 4 + 1 (inclusive free).

This picture illustrates how entering 5 units is automatically converted to a 4 + 1 inclusive free scheme.

  • 2. TD (Trade Discount)

    • When enabled TD, the scheme is applied as a percent-based discount during sales.

This picture illustrates, scheme as a percentage-based discount during sales.

  • 3. CD/CD Options

    • These work similarly to TD, applied as flat or conditional discounts.

  • 4. Free Quantity Exclusive

    • Lot-defined scheme (e.g., 10 + 1) is applied as 10 sold, 1 added free (not inclusive).

This picture illustrates how entering 10 units is automatically converted to a 10 + 1 Exclusive free scheme.

  • 5. Free Quantity Exclusive + Scheme in Rs.

    • If batch has decimal schemes, system converts them to:

      • Free units + cash discount equivalent in rupees.

This image demonstrates that when a free scheme is defined in decimal values, the system displays it in the "Scheme Rs" column as configured.

Conclusion

Using these scheme configurations, Logic ERP ensures:

  • Accurate application of supplier promotional offers.

  • Automation of billing schemes during purchase and sales.

  • Improved inventory and pricing accuracy.

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