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Price Levels Or Price Lists in Tally.ERP9

In Tally.ERP, you can assign specific price lists called Price Levels to customers, so that only the relevant prices are used during entry of orders and invoices

 

Before you begin to create Price Lists, you should decide whether you want different price levels. You might want different price levels for various purposes, such as different types of customers like wholesale customers, retail customers, export customers and so on. Each customer type could have a different discount structure

Example :

Mr. Sanjay decide to have a Price List for his customers, Levels were decided on the basis of old and new customers and also the volume of items purchased by customers.

 

PRICE LIST FOR OLD CUSTOMERS

Items

0-20

Discount

20-50

Discount

50-above

Discount

Sony TV

8500

Nil

8500

5%

8500

7%

Sony LCD

16000

2%

16000

5%

16000

6%

PRICE LIST FOR NEW CUSTOMERS

Items

0-20

Discount

20-50

Discount

50-above

Discount

Hp-Laptop

25000

Nil

25000

4%

25000

8%

 

 

Solutions :

Step-1

Create Price List for ‘Old Customers’ and ‘New Customers’

Ensure that you have set the company for Accounts with Inventory.

Set the following fields to Yes in F11: Features > F2: Inventory screen.

  1. Allow Invoicing (If you do not set this field to Yes, the options for Price Lists will not be available.)
  2. Set Use Multiple Price Levels to Yes.
Price Levels Or Price Lists in Tally.ERP9

 

 3. The method of creating Price List for New Customers is same as that for Old Customers. Ensure that the Price List details for New Customers are given in the table.

 

Name of item

Quantities

 

Rate

 

 

Discount %

 

From

Less than

Hp-Laptop

---

20 nos

25000/nos

 

20 nos

50 nos

25000/nos

4%

50 nos

---

25000/nos

8%

 

Example :

Mr. Sanjay sold the following items to EssBee System & Solutions ( New Customer)

 

Item

Qty

Rate

Disc.

Value

Output VAT

Total Value

Hp-Laptop

30

25000

4%

7,20,000

28,800

7,48,800

 

Solutions :

Step 1 :

Create Ledger : EssBee Syste6 & Solutions

Note:

  1. Pricing Level applicable : select New Customers from price levels list at the time of Ledger Creation.
  2. Activate Separate Discount column on Invoices in F11 : Features,  Record the Sales Transaction in a Sales Voucher ( F8 )

 Ensure that the Sales Invoice entries are as given in the following figure :

Price Levels Or Price Lists in Tally.ERP9
 
 
Text
 
Company Information @ Tally.ERP9
 
Group & Ledger

Introduction
1. THE GROUP
2. THE LEDGER
3. VOUCHERS TYPES

Advanced Inventory / Stock
Meaning
Order Processing
Re-Order Levels
Tracking Numbers
Batch-wise Details
Additional Cost Details
Bill of Materials (BOM)
Price Lists and Price Levels
Stock Valuation
Zero Valued Entries
Inventory Ageing Report
Actual and Billed Quantities
Advanced Usage of Vouchers
Maintain Bill-wise Details
Cost Center and Cost Category
Interest Calculation
Reversing Journals
Post-Dated Voucher
Memo (Memorandum) Voucher
Optional Voucher
Using Tracking Number
Tally.ERP9 Report
  1. Unit Objectives
  2. Modifying Reports (Options)
  3. Balance Sheet
  4. Profit & Loss Account
  5. Stock Summary
  6. Trial Balance
  7. Day Book
  8. Books of Accounts
  9. Statement of Accounts
  10. Inventory Books
  11. Statutory Reports
  12. List of Accounts ( Chart of Accounts)
  13. Exception Reports
  14. Printing Reports
Tally.ERP9 MIS and Other Reports
Statutory & Taxation
Utilities & Others @ Tally.ERP9
Credit Limits
Knowledge Base @ Tally.ERP9
Stock Items
Stock Groups
Inventory Masters
Inventory Vouchers
Inventory Report Statements
Balance Sheet
Accounting Reports
Accounting Vouchers
Interest Calculation
VAT-Value Added Tax
Service Tax
TDS (Tax Deducted at Source)
 
Disclaimer :

The names of Companies and persons used in this Website have been used for illustrative purposes only.
The visitors may visit www.tallysolutions.com , the web site of Tally Solutions Pvt. Ltd. for resolving their doubts or for clarifications

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