How to configure purchase formula using purchase formula screen?
Purchase Formula - MRC calculation Configuration
Use the Purchase formula screen to configure the Purchase formula.
1. Click Purchase >> Purchase Formula. The MRC Calculation Configuration screen is displayed.
2. In the Formula name field, enter the name for the new formula.
3. In the Distributor Type field, select from the following options:
4. In the Tax configuration Based on field select from the following options:
6. Select the option All Distributors to apply the configured formula to all the distributors.
7. In the Caption field, press Enter. The Caption LOV is displayed. Select the caption from the LOV.
8. In the Add/Sub field, the Sign - or + is automatically picked from the Calculation Master and it is displayed.
9. In the Formula fields field, select the appropriate parameter.
10. In the Formula Text field, select the appropriate parameter from the drop-down menu.
11. Click Update Formula and it is updated in the Formula Calculation field.
12. The fields Perc, ProfitPerc, Add to Tax, and Part of Rate are automatically updated based on the inputs defined in the Calculation Master.
13. Click Save or press F6 to save the newly configured formula.
Use the Purchase formula screen to configure the Purchase formula.
1. Click Purchase >> Purchase Formula. The MRC Calculation Configuration screen is displayed.
2. In the Formula name field, enter the name for the new formula.
3. In the Distributor Type field, select from the following options:
- Local
- Interstate
- Import
- Unregistered
- LUMPSUM tax payer
4. In the Tax configuration Based on field select from the following options:
- Formula
- MRP
6. Select the option All Distributors to apply the configured formula to all the distributors.
7. In the Caption field, press Enter. The Caption LOV is displayed. Select the caption from the LOV.
8. In the Add/Sub field, the Sign - or + is automatically picked from the Calculation Master and it is displayed.
9. In the Formula fields field, select the appropriate parameter.
10. In the Formula Text field, select the appropriate parameter from the drop-down menu.
11. Click Update Formula and it is updated in the Formula Calculation field.
12. The fields Perc, ProfitPerc, Add to Tax, and Part of Rate are automatically updated based on the inputs defined in the Calculation Master.
13. Click Save or press F6 to save the newly configured formula.
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