PRICE LIST

PRICE LIST

This option is used by a businessman to specify rate and discount of stock item for its Wholesaler/Retailer.

Example:-

Parker Company purchased 500 pieces of parker pen for Rs. 15 each. The company sold 427 pieces of pen on following conditions:-

  Ø Less than 10 pieces for Rs. 18.

  Ø More than 10 pieces and less than 50 pieces for Rs. 17 on 1% discount.

  Ø More than 50 pieces and less than 100 pieces for Rs. 16 on 2% discount.

 Record the above transactions.

To maintain:-

Create a company and then activate separate discount column and price level as follow:-

To Activate Separate Discount Column and Price Level: - G.O.T. (Gateway of Tally)--> press F11 (Company Features)--> press F2 (Inventory Features).

After pressing “enter” the box given below will be appear as follow:-

Fill it as follow:-

And accept the company features by pressing “enter” key:-

Now accept it by pressing “y” or “enter” key.

Create stock master as follow:-

To Create Stock Group: - G.O.T. (Gateway of Tally)--> Inventory Info--> Stock Group--> Create.

After that, create stock item:-

To Create Stock Item: - G.O.T. (Gateway of Tally)--> Inventory Info--> Stock Item--> Create.

Now create price list as follow:-

Path for Price List Creation: - G.O.T. (Gateway of Tally)--> Inventory Info-->Price List--> Create.

After pressing “enter” on create a box will be open, fill the box as follow:-

And then press “enter” and fill it as given below:

After that press “y” or “enter” to accept it.

And now create ledger and do voucher entry:-

Path for ledger creation: - G.O.T. (Gateway of Tally)--> Accounts Info--> Ledger--> Create (Single).

Now do voucher entry:-

First, do purchase voucher entry:

Path for voucher creation: - G.O.T. (Gateway of Tally)--> Inventory Voucher--> Press F9 (Purchase Voucher).

Now do sales voucher entry:-

Path for voucher creation: - G.O.T. (Gateway of Tally)--> Inventory Voucher--> Press F8 (Sales Voucher).

All the voucher entries have been done.

Press “Alt + F1” for more information.