Selling and Buying Prices - Sales

Manage Buying and Selling Prices

Based on the buying and selling prices of each stock item, you may want to maintain the rates such that they automatically appear when you pass a transaction. You can do this in TallyPrime by providing the standard cost (for purchase), and standard price (for sales) for each stock item. You can maintain rates for the stock items on a daily basis or a specific period based on your business needs. When you record the purchase and sales invoices, the standard cost and standard price will appear for that stock item automatically. Also, you may want to fix the selling price of items at different rates to customers, based on the type of the customer or your preferences. For this, in TallyPrime, you can use price list.

In This Section:

• Manage Buying Price Using Standard Cost
• Manage Selling Price Using Standard Price
• Use Price List in Sales