Setting MRP Details (If require) of Stock Items in Tally.ERP9
 
 

To capture the MRP of stock items in the invoice, you have to enter the MRP details in the stock item master.

To enable the MRP feature in the stock item master :

1.         Click F12: Configure in the Stock Item Alteration screen.

2.         Allow MRP/Marginal for stock item? Yes.

3.         Press Ctrl+A to accept.

To enter the MRP for the stock item :

1.    In the Stock Item Alteration screen, enable Set/alter MRP details?
 
 

2.         In the MRP Details screen:

o          Allow MRP modification in voucher? - Yes, if you want to modify the MRP during the transaction.

o          Consider MRP for calculation of GST rate in Slab rate? - Set this to Yes if you want the MRP of a stock item to be considered for GST rate calculation when slab rates are applicable. In this case, the tax amount still gets calculated on the selling price of the item.

o          Enter the MRP Rate/Margin.

 
 

o          Press Ctrl+A to accept.

3.         In the Stock Item Alteration screen, press Enter to save.

To enter state-wise MRP for the stock item :

1.         In the MRP Details screen, click F12: Configure.

2.         Allow state-wise MRP? - Yes.

3.         In the MRP Details screen:

o     Enter the Applicable From date.

o     Select the State Name from the List of States.

o     Enter the MRP Rate.

 
 

o     Press Ctrl+A to accept.

4.         Press Enter to save.

 
Company Information @ Tally.ERP9
 
 
 
Group & Ledger
Introduction
1. THE GROUP
2. THE LEDGER
3. VOUCHERS TYPES
Advanced Inventory / Stock
Meaning
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Inventory Ageing Report
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Advanced Usage of Vouchers
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Knowledge Base @ Tally.ERP9
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Balance Sheet
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