How to Add MRP of an Item in myBillBook
Know how to add MRP of a product in myBillBook billing software for retail shop
Written By Team Flobiz
Last updated 11 months ago
Feature Overview
The MRP (Maximum Retail Price) feature in myBillBook retail billing software allows users to add the MRP of their items seamlessly. Enabling this feature helps businesses display item pricing clearly and ensure compliance with retail laws. Users can easily configure and input the MRP field during item creation.
With this feature, businesses can:
Improve transparency in pricing for customers.
Efficiently track MRP across inventory.
Simplify item pricing management.
Business Use Cases
Retail Stores: With our billing software for retail shop, businesses can display MRP on products to comply with government regulations.
Wholesale Suppliers: Set MRP for bulk inventory to manage pricing efficiently.
Manufacturers: Define MRP for finished goods to standardize pricing across markets.
Step-by-Step Guide to Add MRP for an Item on myBillBook
Step 1 : Navigate to the Items Dashboard
On the navigation bar, click on "Items".
Step 2 : Access Item Settings
On the Items Dashboard, locate and click on the Settings button.
Step 3 : Enable the MRP Field
In the Item Settings menu, find the MRP Field option.
Toggle the switch to Enable the MRP field.
Step 4 : Create an Item with MRP
Go back to the Items Dashboard and click Create New Item.
Under the Pricing Details section, you will now see the MRP Field.
Enter the MRP value of the item.
Fill in other necessary details and click Save.
Watch How to Add MRP of an Item on myBillBook - Best Billing Software for Retail Shop
FAQs
Why is the MRP field not visible while creating an item?
Why is the MRP field not visible while creating an item?
Ensure the MRP field is enabled in the Item Settings. Follow the steps provided above to enable the field.
Can I update the MRP of an existing item?
Can I update the MRP of an existing item?
Yes, you can edit an item from the Items Dashboard and update the MRP in the Pricing Details section.
Will the MRP appear in invoices or reports?
Will the MRP appear in invoices or reports?
Yes, the MRP will reflect in invoices and item reports wherever pricing details are displayed.
How does enabling the MRP field benefit my business?
How does enabling the MRP field benefit my business?
Adding MRP helps maintain pricing compliance and ensures customers have a clear understanding of the product’s retail price.
Was this helpful?
Still need help? Share an idea