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How do you calculate net price on MRP based?

Answer Posted / durga

Hi meenu,

AS per your question
IF calculating net price on MRP (Maximum retail price)if my
understanding is correct then the possible solution will be like

in condition types u need to maintain copy of pr00 and name
it as Zmrp (as it is the price on the final product where
final conusmer pays to the retailer)

and do also maintain pr00 which you offering to dealer price

but one thing important to notice is if you are maintaining
excise ..excise dept given a provision Called abatment 31.3%
it has to be deducted on the Zmrp price(which end consumer
pays to retailer)

and you need to apply all excises on zmrp(condition type)

And finally total value of excises that you got on applying
on Zmrp (condition type)

so finally add that total excise value to the Pr00 value

and
the base value= pr00 + (value of excises that apply on Zmrp)


So finally comming to sales tax apply on the above base
value you your solution will solve

Any Suggestions are always welcome... (vdp81@yahoo.com)

Cheers.....

Is This Answer Correct ?    5 Yes 9 No



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