The user can define following rate formulas with he help of this form-
Basic Rate Formula- Basic rate of the item will be calculated by this option.
Purchase Rate Formula- Purchase rate of the item will be calculated by this option.
Sale Rate Formula- Sale rate of the item will be calculated by this option.
M.R.P Formula- M.R.P of the item will be calculated by this option.
SP Rate-1 Formula- Special rate-1 of the item will be calculated by this option.
SP Rate-2 Formula- Special rate-2 of the item will be calculated by this option
Fig 1. Define Rate Formulas
Purchase Rate Formula :
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.
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.
Fig 2. Define Purchase Rate Formula
After creating expense type, then set the values for the fields and specify the formula for the Purchase rate.
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.
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.
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.