Overview/Introduction to the Price Difference Credit note in Marg ERP Software

Process to create Price Difference Credit note in Marg ERP Software

OVERVIEW/INTRODUCTION TO THE PRICE DIFFERENCE CREDIT NOTE IN MARG ERP SOFTWARE

• With the help of Marg Software, the user can easily create the Price difference credit note transaction for sale.

• It is used to decrease the price in the on sale when the product is sold to the customer/party at a higher price.

PROCESS TO CREATE PRICE DIFFERENCE CREDIT NOTE IN MARG ERP SOFTWARE

• Suppose, if the shopkeeper sold Amlogard 10 mg (as shown below) in Rs 110 instead of Rs 100, therefore in this case the shopkeeper needs to issue the price difference credit note to the customer of Rs 10 to create the proper outstanding of the customer.

• Go to Transactions > Price Diff. Sale > Credit Note. 

• A 'Ledgers' window will appear.

• Select ledger accordingly. Press 'Enter' key.

• Suppose select ‘Ahuja Medicine Centre’.

A 'Bill Detail' window will appear.

In ‘Return of Bills’, select ‘Multiple/Separate/Bill-by-Bill’ as per the requirement.

a. Multiple: Select when the multiple bill of selected party needs to be adjusted in the same bill.

b. Separate: Select when the user needs to create the separate transaction for the multiple items of the multiple bills.

c. Bill-by-Bill: Select when the price difference credit note needs to be created against any particular sale bill.

Suppose select ‘Bill-by-Bill.

• In ‘C/Note of Bill’, the user will mention the sale bill number against which the transaction needs to be created.

Note: If the transaction needs to be created for the last sale bill therefore, there is no need to mention the bill number, it can also be automatically picked up by the ‘Down Arrow Key (↓)’

• In ‘Date’ field, the software will automatically pick the date on which the selected sale bill has been created. Press 'Enter' key.

• In ‘Amount Field’, the software will pick the amount of selected sale bill.

• In ‘Reason’ field, mention the reason to create the price difference credit note.

Note: This field is mandatory to be filled.

• In ‘Calculation Type’, select the calculation type, i.e. inclusive/exclusive as per the requirement.

• Suppose select ‘2’.

• Then the items which have been loaded in the sale bill will get displayed, where press 'Spacebar' key to select the item.

• Then press 'Enter' key.

• After that the user will mention the new rate of the item as per the requirement.

• Suppose mention '100'.

• Now press 'Ctrl+W' key to save the transaction.

• A 'Save changes' window will appear.

• Select ‘Yes’ to save the changes.

Now in 'Bill Adjustment' window, select ‘Adj Ref/New Ref’ as per the requirement.

a. Adj Ref: Select when the transaction is being generated against any particular bill.

b. New Ref: Select when there is no need to save the transaction against any bill, however only needs to save it as new record.

Suppose select ‘Adj Ref’

• Then 'Pending Invoice' window will appear on which select the bill which needs to be adjusted and press 'Enter' key on it.

After following the above steps, the user can create Price Difference Credit Note for Sale in Marg Software.