Sale at MRP Rate
Last updated
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In this tutorial, we will explore the Sale Rate Definition Validation feature in Logic ERP, which allows you to control how sale rates are entered in relation to the MRP (Maximum Retail Price).
Open Logic Admin.
Go to Global Settings.
Navigate to the Sales Settings 2 tab.
Locate the option Labeled: "Sale at MRP Rate".
This setting includes multiple validation parameters that determine how the sale rate compares to the MRP.
Let’s review each parameter option available under the Sale at MRP Rate setting:
Allow (Default)
Function: Allows sale rate to be equal to the MRP without restrictions.
Test: Create a sale bill and enter a rate equal to the MRP.
Result: The software permits the entry.
Do not allow at equal to MRP
Function: Disallows sale rates that are exactly equal to the MRP.
Requirement: Rate must be either greater than or less than the MRP.
Test: Create a bill and enter a rate equal to the MRP.
Result: The software blocks the entry and shows an error message.
Do not allow at equal to MRP
Function: Disallows sale rates that are equal to or greater than the MRP.
Requirement: Rate must be strictly less than the MRP.
Test:
Enter a rate equal to MRP → Blocked.
Enter a rate higher than MRP → Blocked.
Result: Only rates below MRP are allowed.
Do not allow at greater than MRP
Function: Disallows sale rates greater than the MRP.
Requirement: Rate must be equal to or less than the MRP.
Test:
Enter a rate higher than MRP → Blocked.
Enter a rate equal to or less than MRP → Allowed.
Result: Prevents overpricing beyond MRP.
By configuring these parameters, businesses can ensure better compliance with pricing regulations and maintain consistency in sales billing.
