Multiple PL Rates (PR)

YouTube: How to Apply Multiple Price Lists in Purchase Return ?

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.

Enable the Option in Configuration

• 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.

Using "None" Option in Purchase Return

• 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

Define Multiple Price Lists

• 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%).

"Using Party + Item Group Defaults" Option in Purchase Return

• 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.

Define Item-wise Price List

• 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

Define Party + Item Group Defaults for PL Elements

• 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.)

Conclusion

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.