LIS Links

First and Largest Academic Social Network of LIS Professionals in India

LIS Links Becoming More Social

Latest Activity

Dr. Mohan Laxman Jamdade updated their profile
7 hours ago
Sanjana Saini and Paradip Sen Roy are now friends
10 hours ago
Dr. Gulshan Kumar Sachdeva replied to Dr. Gulshan Kumar Sachdeva's discussion Call for Paper - LPF Global Journal of Social Sciences and Management
15 hours ago
OSS Prasad shared their event on Facebook
yesterday
ANKITA GUPTA replied to Dr. Gulshan Kumar Sachdeva's discussion Call for Paper - LPF Global Journal of Social Sciences and Management
Saturday
OSS Prasad updated an event

72nd ILA Annual Conference – International Conference on “Future Libraries: Advancing Research and Excellence (FLARE 2027)” at Indira Gandhi Memorial Library, University of Hyderabad, Gachibowli

January 7, 2027 to January 9, 2027
Saturday
Samit Mondal replied to Dr. U. PRAMANATHAN's discussion Call for Book Chapters: Digital Leadership in Library & Information Centers (Innovative Strategies in Library Management) by Ess Ess Publications.
Friday
Mr.Vipul Kumar updated their profile
Friday
Rakesh Sehrawat might attend Dr. Sandip Pathak's event
Thumbnail

13th Convention Planner 2026 at Gauhati University,  Guwahati, Assam.

September 18, 2026 at 9am to September 20, 2026 at 7pm
Thursday
Mrinal khare is attending Sumedha Singh's event
Thursday
Dr. Anil Kumar Jharotia left a comment for Munmi Saikia
Wednesday
Dr. Anil Kumar Jharotia left a comment for Jasveer Kaur
Wednesday
Dr. Anil Kumar Jharotia left a comment for Asha v madabhavi
Wednesday
Dr. Anil Kumar Jharotia left a comment for ASHMITA VERMA
Wednesday
Dr. Chiranjeevi L M updated their profile
Wednesday
Dr. Bhopendra Kumar updated their profile
Wednesday
SALAM BINOY SINGH is attending Dr. Sandip Pathak's event
Thumbnail

13th Convention Planner 2026 at Gauhati University,  Guwahati, Assam.

September 18, 2026 at 9am to September 20, 2026 at 7pm
Sep 15
Paradip Sen Roy updated their profile
Sep 15
vandana mittal replied to hem chandra's discussion Updating Shelf Location in Bulk in Egranthalaya 3.0
Sep 14
vandana mittal updated their profile
Sep 14

Acc.Register should be contained discounted price or actual publisher price of books,needed your suggetion


Library Accession  register should contained actual publisher price of books or discounted price of books,please give your valuable suggestion.

which one is the best software for library automation

Very regards,

Mukesh C.Bharti

Views: 1141

Reply to This

Replies to This Forum

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

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.... 

 

 

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.

Actual price i.e. printed price.

Only COST APPEARED ON THE DOCUMENT...

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

actual publisher price of books

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.

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

Actual price, printed on book/s

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

RSS

© 2026   Created by Dr. Badan Barman.   Powered by

Badges  |  Report an Issue  |  Terms of Service

LIS Links whatsApp