Define Rate Formulas

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The user can define following rate formulas with he help of this form-

 

bullet-arrow2 Basic Rate Formula- Basic rate of the item will be calculated by this option.

bullet-arrow2 Purchase Rate Formula- Purchase rate of the item will be calculated by this option.

bullet-arrow2 Sale Rate Formula- Sale rate of the item will be calculated by this option.

bullet-arrow2 M.R.P Formula- M.R.P of the item will be calculated by this option.

bullet-arrow2 SP Rate-1 Formula- Special rate-1 of the item will be calculated by this option.

bullet-arrow2 SP Rate-2 Formula- Special rate-2 of the item will be calculated by this option

 

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               Fig 1. Define Rate Formulas

Purchase Rate Formula :

 

bullet01 The user can specify how the Purchase Rate has to be calculated for the items. For this click on the Purchase Rate Formula button or Press Alt+R.

 

bullet01 The Define Purchase Rate Formula form will open up where the user will first have to create the Expense type for the purchase rate formula.

 

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                                                     Fig 2. Define Purchase Rate Formula

 

bullet01 After creating expense type, then set the values for the fields and specify the formula for the Purchase rate.

 

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                                                  Fig 3. Define Purchase Rate Formula

 


Sale Rate Formula :

 

After creating expense type, then set the values for the fields and specify the formula for the Sale Rate.

 

    sr

                                                        Fig 3. Define Sale Rate Formula

 


M.R.P Formula :

 

After creating expense type, then set the values for the fields and specify the formula for the M.R.P.

 

    mrp

                                                        Fig 3. Define M.R.P Formula

 

Like this user can also specify special rate formula according to his requirement in SP Rate-1 Formula or SP Rate-2 Formula.