Do Not Allow Rate Below

YouTube: How to Set a Minimum Threshold Rate to Restrict Billing Below It in Sale Bill ?

How to Set a Minimum Threshold Rate to Restrict Billing Below It in Sale Bill?

In this tutorial, we will explore the “Do Not Allow Rate Below” feature in Logic ERP, which is designed to maintain pricing consistency and protect profit margins by restricting billing rates below defined thresholds.

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Step-by-Step Instructions:

• Access to the Sales Voucher Configuration.

• Select the Relevant Billing Series.

• Locate and Enable the Feature labeled: “Do Not Allow Rate Below”

  • Choose the desired rate type from the dropdown list.

  • For this example, select MRP, then save the configuration.

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

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Demonstrating the Feature:

• Scenario Example:

  • Let’s say the MRP of an item is ₹1,299.

  • During billing, if you try to enter a rate lower than ₹1,299, such as ₹1,100:

    • The system will block the transaction.

    • An error message will appear:

      "Billing rate cannot be below MRP."

As shown in the picture, the software has prompted a "below rate" warning.

• Behavior with Other Rate Types:

  • The same validation applies if you select other rate types such as:

    • Purchase Rate – Prevents billing below the purchase cost.

    • Basic Rate or Sale Rate – Enforces billing above internal pricing standards.

    • SP Rate – Adheres to custom special price rules.

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Benefits:

• Prevents unintentional losses due to under-billing.

• Ensures pricing consistency across all transactions.

• Maintains profit margins and protects business interests.