Multiple PL Rates (PR)
Last updated
Last updated
YouTube: How to Apply Multiple Price Lists in Purchase Return ?
Logic ERP allows you to apply pre-defined Price List rates during Purchase Return entries for greater accuracy and efficiency. Let’s walk through how to configure and use this feature effectively.
Navigate to Purchase Voucher Configuration.
Go to Other Settings - 3.
Locate the option: “Multiple PL Rates (PR)”.
Choose from the dropdown based on your requirement.
For multiple price lists, you may select “None” to proceed manually.
Navigate to the Purchase and Click on "Purchase Return".
Select the Supplier Account and choose the Price List you wish to apply.
In the item grid, enter the item details.
📝 Example:
Item MRP: ₹1,699
Defined Price List: MRP - 15%
Auto-calculated Basic Rate: ₹1,444
Navigate to Setup\Set Other Item Details and Click on "Define Multiple Price Lists".
Enter Configuration Name.
Select the Expense Name from the dropdown.
Define the Base Rate (e.g., MRP, Cost).
Choose the Calculation Method (e.g., % Discount).
Enter Default Value (e.g., 15%).
Purpose: Apply rate rules for specific combinations of Party and Item Group.
In a New Purchase Return:
Select the Price List.
Add an item from a specific group (e.g., T-Shirts).
Based on the rule (e.g., MRP - 13%), the system auto-applies the correct rate.
Go to Define Item-wise Price List.
Enter the Price List Name.
Add Expense Names relevant to the list.
Under Configuration Section, set:
Base Rate
Expense Name
Default Values
Calculation Method
Navigate to the Setup\Set Other Item Details and click on "Define Party + Item Group Defaults for PL Elements".
Select the relevant Item Group.
Choose the Party or Party Group.
Click Refresh.
You can see the "Expense" column in the grid below for defining it:
Expense Names
Corresponding Values (discounts, rates, etc.)
With this feature:
Rates in Purchase Returns become consistent and automated.
You save time by avoiding manual calculations.
Supplier- and item-based configurations ensure flexibility.
