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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
 
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