Manage Selling Price Using Standard Price :

If you have set a standard cost for your stock items, you can also set the standard selling price.

Specify standard selling price for stock item For a stock item, you can specify the standard selling price on a daily basis by entering the date.

1. Open the stock item alteration screen, and configure it to enter standard selling price.

A. Gateway of Tally > Create > type or select Stock Item > and press Enter. Alternatively, press Alt+G (Go To) > Create Master > Stock Item> and press Enter.

B. Press F12 (Configure) > set the option Provide Standard Buying and Selling Rates to Yes. If you do not see this option, set Show more configurations to Yes.

2. Specify the standard selling price.

A. Set the option Alter standard rates to Yes.

B. Enter the Standard Selling Price with the Applicable From date and Rate per unit.

3. Press Ctrl+A to accept the Standard Rates screen.

4. Accept the stock item screen. As always, you can press Ctrl+A to save.