How to Retrieve Party + Company/Group wise Markdowns defined for PO as TD in Purchase?
In this tutorial, we will learn how to set up Supplier + Company + Group/Item-wise Markdowns for Purchase Orders. This setup automatically applies predefined markdowns while fetching purchase orders during purchase entry, ensuring accurate pricing, consistency, and faster purchase processing.
Open Supplier Markdown Setup
Go to the Main Menu.
Expand the Setup menu.
Navigate to Party Wise Settings.
Click on Setup Supplier Company Group Item Wise Markdowns for PO.
Define Markdowns Using Batch Mode
Batch mode is used when you want to apply markdowns to multiple suppliers or items at once.
We will start by working in Batch Mode.
Select the supplier using the “Select Parties” option.
Choose the Entry Type
In the Entry Type field, choose either Item or Company + Group.
Since Company + Group is selected as the Entry Type:
First, select the Group from the given options.
Then, select the Company accordingly.
Enter the Markdown Percentage.
Save the configuration.
Verify Defined Markdowns (Entry Mode)
Switch to Entry Mode.
Select the relevant Supplier / Company / Group / Item.
Click Refresh.
The system will display the defined markdowns, confirming the setup.
The defined markdown percentage will now be automatically applied for the selected supplier, category, or brand during Purchase Order creation.
CLICK HEREto proceed with the implementation of this process.
Conclusion
This feature allows you to centrally control Purchase Order markdowns for suppliers and item groups, ensuring consistent pricing and reducing manual effort during PO creation.
