> For the complete documentation index, see [llms.txt](https://kb.logicerp.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://kb.logicerp.com/logic-erp-learning-hub-tutorials-and-best-practices/setups/set-other-item-details/define-multiple-price-lists.md).

# Define Multiple Price Lists

YouTube: [Multiple Price List Generation in Logic ERP](https://www.youtube.com/watch?v=moCBdNnI8Ew)

## Multiple Price List Generation in Logic ERP

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.

<figure><img src="/files/yIAO07AzS0W7EwbaOk9J" alt=""><figcaption><p>This picture illustrates how you can define the <strong>Expense Name</strong>.</p></figcaption></figure>

### **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%**.

<figure><img src="/files/GJXmOnW57gZXfeF77My0" alt=""><figcaption><p>This picture illustrates how you can define a formula.</p></figcaption></figure>

### **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.

<figure><img src="/files/2C5FhsdnmNVrLVdMaIZC" alt=""><figcaption><p>This picture illustrates how you can select the price list in the sale bill.</p></figcaption></figure>

1. **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.

<figure><img src="/files/sqU3Cn5gLVv0G0SbsF1j" alt=""><figcaption><p>As you can see in this picture, the software has generated the sale rate according to the formula explained above.</p></figcaption></figure>

By following these steps, you can efficiently set up and manage price lists in Logic ERP, ensuring accurate and automated pricing.


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