Price List Creation in Tally Prime Notes

In the price list lesson, the rates of the items are set on the basis of quantity. It is required, when we are selling the goods to retailers and consumers. Normally, Trading Firm offer, discounted price to retailers on the basis of quantity. We will learn Creation of Price List in Tally Prime. The Computer Training Institute Notes with example, sample and assignment is very easy to understand. Best quality Tally Training Notes for Self Study.

Price List Creation in Tally Prime

Purchase Entry

Purchase No. 1                        Supplier invoice no : 001
Party A/c Name : Isha Enterprise
Purchase ledger : Purchase
Name of Item                         Quantity         Rate    Per                  Amount
Intex Mouse                        150 Pcs            120  Pcs                         18,000
Logitech Keyboard                  180 Pcs            140  Pcs                         25,200       
                                                 330 Pcs                                                43,200

Taking Permission to Enable Multiple Price Level

F11 : Features > Inventory Features
Enable Multiple Price Level : Yes
Use discount Column in invoices : Yes

Gateway of Tally > Create > Price Level

Company Price Levels

Whole sale

Retail sales

Create Ledger : Gateway of Tally > Create > Ledgers

Ledger Name	Under
Naaz Traders	Sundry Debtors	Maintain balance bill by bill (Yes)
Sales	Sales Accounts	Inventory values are affected (Yes)

Set Price List

Gateway of Tally >Create > Price List (Stock Group)

Price List
Stock Group:             All Items
Price Level:                Whole Sales
Applicable From:            1-Apr-2021
Under Group                              All Items
Price Level                                  Whole Sales
Applicable From:                        1-Apr-2021

S.No	Particulars	Quantities	Rate	Disc. % (If any)	Cost Price
From	Less than
1.	Intex Mouse
			20 Pcs	180.		120.00/Pcs
		20 Pcs	40 Pcs	170	2%
		40 Pcs	60 Pcs	160	4%
		60 Pcs	100 Pcs	140	8%
		100 Pcs
2.	Logitech Keyboard
			10 Pcs	200		140.00/Pcs
		10 Pcs	50 Pcs	175
		50 Pcs	100 Pcs	160	5%
		100 Pcs	140 Pcs	150	10%
		140 Pcs

Sales Entry : Gateway of Tally > Vouchers > F8 Sales

Sales No. 1     Reference no : 001
Party A/c Name : Naaz Traders                      Price level : Whole Sales
Sales ledger : Sales
Name of Item                         Quantity         Rate    Per    Disc %    Amount
Intex Mouse                                        80 Pcs 140 Pcs     8%             10304
Logitech Keyboard                              40 Pcs 430 Pcs                       7000
                                                            120 Pcs                                    17304

Assignments : Create / Prepare a Price List in Tally Prime

Purchase following items from Rajul Traders (Sundry Creditor) :
Sugar Quantity 1000 Kg        Cost Price Rs 25
Rice     Quantity 1000 Kg        Cost Price Rs 50
Jeera Quantity 1000 Pkt       Cost Price Rs 20

Prepare Price Lists as given below:

1.	Sugar
		Upto 20 Kg	Rs 45
		From 20 Kg to 50 Kg	Rs 42
		From 50 Kg to 100 Kg	Rs 38 ( Disc. 5%)

2.	Rice
		Upto 10 Kg	Rs 90
		From 10 Kg to 40 Kg	Rs 85
		From 40 Kg to 60 Kg	Rs 70
		From 60 Kg to 100 Kg	Rs 65 (Disc.10%)

3.	Jeera
		Upto 20 Pkt	Rs 45
		From 20 Pkt to 50 Pkt	Rs 42
		From 50 Pkt to 100 Pkt	Rs 40 (Disc.5%)

Download Notes PDF : Tally Prime from below link:

Cost Center, Order Processing, Prime List and BOM

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