# Multiple Price List Rates
**YouTube:** [How to Enable Multiple Price List Rates in Sale Bill?](https://www.youtube.com/watch?v=XjM-BJXvK0s\&t=30s)
## How to Enable Multiple Price List Rates in Sale Bill?
In this tutorial, we'll explore how to efficiently manage **Multiple Price List Rates** in your ERP system—making your billing smarter, more flexible, and error-free.
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### **Enabling the Feature**
* Navigate to **Sale Voucher Configuration**.
* Select the relevant **Billing Series**.
* Under **Other Settings 2**,
* Locate the option Labeled as:
> **"Multiple Price List Rates"**
* This setting supports several **parameter types**, each offering unique control over price calculations.
* None
* Multi Price List Rates
* Party+Item Groups Defaults
* Party+Item Markdowns
* Default From Price List
### **Reviewing Each Configuration Option Individually**
### **Option 1 - Multi Price List Rates – None (Default Behavior)**
* First, enable this option in the configuration settings.
* Navigate to **Define Multiple Price Lists** module.
* Firstly, Define Item wise Expense name.
* In the **Configuration** tab define **Expense Name & Formula Configuration** (e.g., `MRP - 20%`)
### **Billing Impact:**
* In the billing window, select the configured price list.
* For example:
* **MRP** = ₹4,000
* **Sale Rate** = ₹3,200 (Auto-calculated as MRP - 20%)
***
### **Option 2 - Party + Item Group Defaults**
* First, enable this option in the configuration settings.
* Navigate to: Setup\Set Other Item Details and then select **"Define Item Wise Price Lists".**
* **Specify the Details as Outlined Below**
* **Price List & Expense Name**
* Go to "**Price List Configuration"**:
* Select base rate and desired expense.
* **After that, Access to:**
* **Define Party + Item Group Defaults for PL Elements**
* **Setup Example:**
* Item Group: *Jeans*
* Party: *Specific Customer*
* Rate: **MRP - 30%**
### **Billing Impact:**
* Select price list **PL**.
* Add an item categorized under *Jeans*.
* System auto-applies the **30% markdown**.
* Press **F4** on the rate field to view price list application details.
***
### **Option 3 - Party + Item Markdown**
* First, enable this option in the configuration settings.
* Navigate to: Setup\Set Other Item Details and then Select "**Define Party + Company + Group/Item Wise Tax/Markdowns".**
* Define the data according to your requirement.
* For example, refer to the image shown below.
### **Billing Behavior:**
* Navigate to the Bill and create a new Sale Bill.
* Set the **Price List = MRP** (Markdowns always apply on MRP).
* During billing:
* **MRP** = ₹1,000
* **Rate** = ₹950 (MRP - 5%)
***
### **Option 4 - Default from Price List**
* First, enable this option in the configuration settings.
* Navigate to **Define Item-Wise Price List**.
* Create a Price List with Associated Expenses
* In **Price List Configuration**:
* Set **Default Value** (e.g., MRP - 15%)
### **Billing Impact:**
* Navigate to billing and create a new **"Sale Bill".**
* Select price list **PL**.
* Define the Item and details.
* System calculates rate using the default rule.
* For example: ₹1,000 - 15% = ₹850
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### **Summary Table**
| Parameter Type | Configuration Module | Billing Impact |
| ------------------------------- | -------------------------------------------- | ----------------------------------------------- |
| **None** | Define Multiple Price Lists | Formula-based dynamic pricing (e.g., MRP - 20%) |
| **Party + Item Group Defaults** | Define Itemized Price List + Party Mapping | Party-item specific pricing (e.g., Jeans - 30%) |
| **Party + Item Markdown** | Party + Company + Group/Item Markdown Module | MRP-based markdown per item/party |
| **Default from Price List** | Define Item-Wise Price List | Static rate based on pre-defined values |
***
### **Pro Tip**
Always ensure:
* Item Groups and Party Accounts are **properly mapped**.
* Base Rates (e.g., MRP, Sale Price) are **accurately set**.
* Press **F4** on the rate field in billing to view active pricing logic.
***
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