Prompt for Rate Difference in case of P.O

YouTube: How to Enable Rate Difference Option while Creating Purchase from PO in Logic ERP Software?

How to Enable Rate Difference Option while Creating Purchase from Purchase Order?

In this tutorial, we'll guide you through a feature in application that enables efficient monitoring and management of rate differences in purchase transactions.

Step-by-Step Usage

• Navigate to the "Purchase Voucher Configuration".

• Locate the option "Prompt for Rate Difference in case of P.O".

• Tick the checkbox to activate this validation.

Let's keep this feature enabled to observe its impact.

Demonstration: Creating a New Purchase Bill:

• Create a "Purchase Bill".

• As soon as you retrieve the purchase order and change its rate, the software will prompt you with a message like this.

This picture illustrates whether you want to change the rate or not.

Key Features

1. Automatic Rate Difference Fetching:

   • Automatically retrieves rate differences to enhance budgeting and forecasting.

2. Efficient Cost Monitoring:

   • Analyzes rate differences over time, aiding in better financial control.

3. Integration with Purchase Orders:

   • Alerts users to discrepancies between quoted and charged rates for purchase orders.

4. Debit Note Creation:

   • Allows users to create debit notes by marking items with rate differences.

Conclusion

Enable these settings to ensure all purchase orders are monitored for rate differences, leading to precise and efficient cost management.

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