In this tutorial, we will explore how price lists are generated in Logic ERP. Multiple price lists are used when a flat rate is applied to all parties, ensuring consistent pricing across transactions.
Steps to Generate a Price List:
Navigate to the Setup and then Expand Set Other Item Details
Select "Define Multiple Price Lists"
Define the names of expenses.
Save the entered details.
This picture illustrates how you can define the Expense Name.
Set Up Price List Formulas:
In the Define Formula tab, create multiple configurations.
Enter a configuration name and define the pricing formula.
Example: The sale rate can be calculated as MRP - 20% - 5.5%.
This picture illustrates how you can define a formula.
Apply the Price List in Sales Bill:
Navigate to the Sales Bill window.
Locate the Price List option in Header.
If the price list option is not visible, enable it in Sale Voucher Configuration by unlocking the setting.
This picture illustrates how you can select the price list in the sale bill.
Verify Price Calculation:
Choose the desired price list.
Add an item to the bill.
The system will automatically apply the sale rate based on the predefined price list formula.
As you can see in this picture, the software has generated the sale rate according to the formula explained above.
By following these steps, you can efficiently set up and manage price lists in Logic ERP, ensuring accurate and automated pricing.
