Replies to This Forum

Permalink Reply by Ramakant on August 30, 2012 at 22:20

Original Price should be entered in Accession Register not discounted price.

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Permalink Reply by Abu Taiyab on August 30, 2012 at 23:07

Library Accession  register should contained actual publisher price of books not discounted price.

there r so many coz and also benifits....the best software for library automation r u askng 4 OSS or purchase.... 

 

 

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Permalink Reply by Sudesh Kumar on August 30, 2012 at 23:10

Library Accession  register should contained actual publisher price of books and not the discounted price.

Further the choice for the software for library automation depends upon the library collection, budget and many other factors.

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Permalink Reply by prem chand mondal on August 30, 2012 at 23:49

Actual price i.e. printed price.

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Permalink Reply by Srinivas Garimella on August 31, 2012 at 1:26

Only COST APPEARED ON THE DOCUMENT...

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Permalink Reply by Meera B J on August 31, 2012 at 17:13

Actual publishers price to be entered on individual title at the end  discount amount should be deducted while entering the total amount .

Net amount - discount  = gross total

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Permalink Reply by Ajay Yadav on August 31, 2012 at 17:56

actual publisher price of books

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Permalink Reply by Bijender Kumar on August 31, 2012 at 18:36

It is practical that people enter the publisher price but it is very difficult at the time of maintianing the balance sheet. So to avoid this problem the discounted price should be mentioned in the accession register in a separate column. Also it is helpful while we write of a book from the collection, balance sheet will not telly if we will write off printed price of the book because we have paid less amount instead of printed price.

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Permalink Reply by ASHRAF on September 1, 2012 at 0:16

Original Price......but after each bills total show the discount and net value

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Permalink Reply by Ram Naresh on September 1, 2012 at 1:04

Actual price, printed on book/s

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Permalink Reply by Siddhartha Shankar Ray on September 2, 2012 at 19:40

Dear Sri Mukesh c. Bharti,

In our Library, we keep both the prices.We maintain two separate columns in the accession Register.

I started this practice long back in my earlier institutes as well.

It has specific purpose: The original price reflects the Market Price of the book. In case we purchase foreign books for which we pay in Indian currency, we record both the ACTUAL INDIAN PRICE as well as the ORIGINAL PRICE IN FOREIGN CURRENCIES and the discounted price in Indian currency. Now let me explain the purpose.

Original price column:

If the book is lost, we can charge the actual price; for Foreign Books (originally priced in foreign currencies) enable us to charge the cost both in foreign as well as in Indian Currencies (+10% handling charges) it has distinct advantage. Say we purchased a book in 1985 when the price was $25.00 and the exchange rate was Rs. 15.00 per $ and the original cost of the book was Rs. 375.00 but at today's rate (@Rs. 54 per $) the cost becomes Rs. 1350.00 If we do not keep the cost of the book in foreign currency and enter just Rs. 375.00; we are supposed to realise Rs. 375.00 +Rs. 37.50 = Rs. 412.50 but by putting the foreign currency price we can charge $25.00+$2.50=$27.50 and converting the price in Indian Currency we can easily realise Rs. 1485/- straightway.

Next is discounted price column.

This reflects actual expenditure incurred for the book. During audit, this price is their look out. It will reflect a parity between the statements reflected from Accounts section and the Library. Never-the-less, This column will reflect the total expenditure towards book purchase during a particular Financial Year.If a book is missing, we can write off this amount only because it was WHAT THE INSTITUTE ACTUALLY PAID FOR THAT PARTICULAR BOOK. Besides, it also reflects the negotiating/bargaining capacity of the concerned Library professional; an extremely important criterion for a professional.

Regards,

Siddhartha S. Ray, Calcutta

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