# Define Party + Company + Group/Item Wise Tax/Markdowns

**YouTube:** [How to Define Party, Company, and Group / Item Wise Markdowns for Sales?](https://www.youtube.com/watch?v=gWvjkMsYsOU)

## How to Define Party, Company, and Group / Item Wise Markdowns for Sales?

In this tutorial, we will learn how to **define Party + Company + Group or Item-wise Tax / Markdowns in Logic ERP**, allowing customer-specific rate reductions to be applied automatically during billing.

***

### Define Party-Wise Markdowns

* Navigate to the **Setup Module**
* Under **Set Other Item Details**,
* Open **Define Party + Company + Group / Item-Wise Tax / Markdowns**

#### Define Markdown in Batch Entry Mode

* Select the **customer (party)** from the list

<figure><img src="/files/jgrghvRHGvHAX8PupEEn" alt=""><figcaption></figcaption></figure>

* Choose the **Entry Type**:
  * **Company + Group Wise**
  * **Item Wise**

<figure><img src="/files/fCStJMxvrRJrEAt0AWQV" alt=""><figcaption></figcaption></figure>

In this example, we are defining a **Company + Group-wise markdown**

* Select the **required item group**
* Select the **company (brand)** on which the markdown is to be applied
* Enter the **markdown percentage**

<figure><img src="/files/mraFD4e70u6LdmIHcpnK" alt=""><figcaption></figcaption></figure>

The markdown defined here will be applicable **only for the selected customer**.\
Whenever this customer purchases an item belonging to the selected **brand and group**, the markdown percentage will be deducted from the original rate automatically.

* Click **Save** to store the configuration

#### Verify in Entry Mode

* Switch to **Entry Mode**
* Review and confirm the saved markdown details

<figure><img src="/files/kgRQ0khgarA2BQEx6aTj" alt=""><figcaption></figcaption></figure>

***

### Enable Markdown Application in Sales Bill

Before billing, a one-time configuration is required.

#### Configure Sales Voucher Settings

* Open **Sales Voucher Configuration** from the menu bar
* Select the **Sales Bill Series**
* Go to **Other Settings – 2**
* Under **Multiple Price List Rate Options**
  * Select **Party + Item Markdown**

<figure><img src="/files/YFwSjFszywUrNy6Exmmk" alt=""><figcaption></figcaption></figure>

* **Save** the configuration

***

### Verify Markdown During Billing

* Open the **Sales Bill** window
* Initiate a new transaction for the **customer** for whom the markdown was defined
* Ensure the selected price list is **MRP**

<figure><img src="/files/rEYKWkBCIEU9fj8Hcbhg" alt=""><figcaption></figcaption></figure>

* Enter an item belonging to the **defined brand and group**

Since a **12% markdown** was defined, the system automatically applies&#x20;

* **MRP – 12%**, and the discounted rate appears in the **Rate** column.

<figure><img src="/files/FlLkZ43ZGmSa8DgmZyPX" alt=""><figcaption></figcaption></figure>

* This confirms that the **party-wise company + group markdown has been applied successfully**.

***

### Conclusion

Party-wise and brand/group-wise markdown configuration in Logic ERP helps you:

* Offer customer-specific pricing
* Automate discounts during billing
* Maintain pricing consistency
* Reduce manual rate adjustments and errors


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