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Multiple Price Level and Price list in Tally
Multiple Price List in Tally ERP

Multiple Price Level and Price list in Tally

Multiple Price Level and Price list in Tally

In Organization dealing in multiple product for sale a list of all the item along with price details is maintained. Such list is called price list.

This price list is maintained for various buyers or customers. such as retailers,whole sellers,dealers etc.since price list is structured based on the classification of buyer it is referred at the time of making sales .Since the sale price to do change on the basis of time the change will have to appear in the price level list etc.

Therefore it is designed keeping in mind nature of buyers.There may be customer who buy large quantity or high value buyers.

let us see how to do it in tally

Activate Price list and Define Price level

F11 : Features > F2 : Inventory Features.

” use Multiple > F2 : Inventory Level “set to YES”

multiple price level

company price level

Enter the detail such as

  • whole seller
  • Retail Sales

Example :

purchase 400 laptop bag costing Rs 800 each and standard selling rate to be fix 1200.

Now go to gateway of tally >Inventory info > Price list : Stock Group name : All item select price level Retailer :type the date

a screen will appear not fill the detail as mention below

laptop bag price list in tally

 

Go to Gateway of tally >Inventory Info > Price list > stock group

Select all items from the list of groups

In the field of price level select wholesale sales from the list.

Now sold the above 25 laptop bag to Akash trader who is a retailer.

for creating Akash trader as a retailer

Go to gateway of tally > accounts info > ledger > create >akash trader  under : sundry debtors ,under price list level select : retailer.

sundry debtor retailer price list in tally

Now pass the entry of sales

go to gatway of tally accounting voucher > F8 sales >

select the name of party : Akash trader

price level is automatically selected : retail

now select the stock item : laptop bag and in nos of quantity : type 25

sale in multiple price list

Some time goods are sold with discount on the price list mention under such condition following process is applied

Example :

  • A ltd sold Rajdhani Atta price list 1000 when the retailer purchased less than or equal to 5 bag discount of 8% provided
  • when teh retailer purchase Rajdhani Atta more than 5 bag and less than 20 nos of bag price list 1ooo and discount of 10% provided.
  • when teh retailer purchase Rajdhani Atta more than 20 bag price list 1ooo and discount of 12% provided.
  1. GO to gateway of tally Inventory info >price list > all items >retailer >applicable date > 1/4/16
  2. In name of item select Rahdhani atta 10 kg bag
  3. in quantity from skip and in less than type 5 nos
  4. type the rate 1000 similary entries are made in other field as shown in below picture
  5. multiple price level with discount
  6. Now go to gateway of tally > accounting info > f8 sale >press ctrl + V and ALt + I if not in item invoice mode
  7. F2 to date change
  8. In the party name select cash or party name
  9. in the name of item select stock item Rajdhani atta 10 kg
  10. in the quantity select quantity the the discount will be filled automatically as per nos of stock item sold.
  11. sale with discount in multiple price list

 

 

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