Apply Net Rate and Free Units Scheme as Value in Sale Bill

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How to Apply Net Rate and Free Units Scheme as Value in Sale Bill?

In this tutorial, we’ll learn how to apply schemes manually at runtime while billing in Logic ERP.

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Configure the Net Rate Position

• Go to Sale Voucher Configuration and select the relevant Billing Series.

• Open Calculation Mode.

• Count the fields step by step until you reach the field you want to include in the net rate.

  • In our example, we count up to Tax-3, which means all fields up to Tax-3 will be considered while calculating the net rate.

• Next, go to Print Options.

• Define the Net Rate Position by adding 1 to the counted field.

  • For example, if you counted up to 8, the net rate position will be 9.

• Select All Net Rates for the net rate application.

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Apply Schemes at Runtime – Method 1 (Net Rate Adjustment)

• Open the Billing Screen and start a new transaction.

• In the Sale Rate column, press F7 to open the Net Rate Window.

• Enter the desired Net Rate at which you want to sell the item.

  • For example, if you enter ₹70, the software automatically adjusts the sale rate to ₹66.67 because it calculates the tax component included in the entered net rate.

Tip: You only need to enter the net rate; the system takes care of the rest. You can also adjust the Net Rate Position for individual sale bills if required.

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Apply Schemes at Runtime – Method 2 (Free Units)

• Transact an item on the billing screen.

• Press F7 on the Sale Rate field.

• Enter the quantity including the free units.

  • For example: 10 + 1 or 15 + 1.

• Observe how the Scheme per Unit and Rate fields change:

  • As you increase the number of free units, the rate decreases while the scheme per unit increases.

• Conversely, reducing the free units increases the rate.

• The value of the free units is displayed under the Scheme per Unit field.

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Final Outcome

• You can now easily apply manual schemes in two ways:

  • By entering the net rate directly.

  • Or by adding free units to adjust the effective rate.

• The system automatically handles all underlying tax calculations and scheme adjustments.