How to Set Party + Company/Brand-wise TD, CD, Tax, etc. for Sale?
In this tutorial, we will learn how to apply Party + Company (Brand) wise defaults in Logic ERP. This feature allows you to define discounts, rate adjustments, and price lists that apply only when a specific party transacts items of a specific brand, ensuring precise and controlled billing.
Access To Party + Company Wise Defaults Setup
Navigate to the Setup Module from the main menu
Go to the Party Wise Settings section
Open the Party + Company Wise Defaults window
Define Defaults in Batch Mode
Switch to Batch Mode
Select the Customer Account
Choose the Brand (Company) for which defaults need to be applied
Available Default Options
You can define multiple defaults, including:
CD (Cash Discount) – percentage based
TD (Trade Discount) – percentage based
SPCD – percentage based
Per Unit Based Discounts
Add % on Rate – the defined percentage will be added to the sales rate
Price List – the bill will be generated based on the selected price list
Enter the required values as per your business rules
Click Save to apply the settings
Verify the Effect in Sales Bill
Open the Sales Bill window
Initiate a new transaction
Select the Customer Account for whom Party + Company wise defaults were defined
Scenario 1: Transact an Item of a Different Brand
Enter an item not belonging to the selected brand
You will notice:
No discount is applied
No percentage is added to the sales rate
Price list remains unchanged
Scenario 2: Transact an Item of the Defined Brand
Enter an item belonging to the selected brand
As soon as the item is selected:
The predefined percentage discount is applied automatically
The 2.5% add-on (as defined) is added to the sales rate
The selected price list is applied automatically
Conclusion
Party + Company Wise Defaults in Logic ERP help you:
Apply brand-specific pricing rules per customer
Automate discounts and rate adjustments
Maintain accurate and controlled billing
Reduce manual intervention and billing errors
Ensure consistent pricing policies across transactions
This feature is especially useful for businesses managing multiple brands with customer-specific pricing agreements.
