Unit 4 – Basic Configuration 53

remember the price at which the item was last sold. On clicking this button, a Pricing Mode Options window appears. The window is divided into two parts, one is for Sales price and other is for Purchase price. Both the parts contain same options with only difference is that under Pricing Mode for Sales, you can select mode according to which Sale price will be displayed and under Pricing Mode for Purchase, you can select mode according to which Purchase price will be displayed.

Various options in Pricing Mode Options window are:

Show Party’s Last Prices in Sales / Purchase voucher – Select this option if you want to view sale / purchase price at which the item was sold to the party. Here sale / purchase price will be picked only for the party for which you are entering the voucher.

Show Last Item Price – Select this option if you want to view sale / purchase price at which the item was last sold. Here price will be picked as the last sale / purchase price irrespective of the party.

Default (Pick from Item Master) – Select this option if you want to pick sale / purchase price from Item Master (see Unit 5).

Treat MRP as Sales Price – Enable this option if you want to make item MRP as its Sale price.

After enabling / disabling various features / options, click Save button to save the changes made by you.

Let us now move on to the Sales Tax / VAT / GST section.