Vendor on Sale rebates based on selling price
In PD Price Setup, you can create rebates that are based on the selling price of products for these types of Vendor on Sale rebate records:
- Level 1 Product
- Level 3 Product Price Type
The selling price and rebate amount are provided by the vendor. The vendor can offer different rebates that are based on the price of the product at sales. For example, the vendor may offer a $5 rebate if you sell the product for $20 and an $8 rebate if you sell the product for $30.
The selling price is the price of the product on a sales order line before any line discounts or order discounts are applied. The rebate amount is based on the special price/cost unit, if one exists, or per stocking unit.
You can specify a customer and ship to on a rebate, but it is not required.
In addition to PD Pricing Setup, you can create and maintain rebate price rebates in PD Mass Maintenance Entry.
Whether you use PD Pricing Setup or the Import Excel With New Records function in PD Mass Maintenance Entry to create new records, you can specify a currency that is set up in SA Currency Setup. If you do not specify a currency, then the currency that is specified in SA Company Setup is used for the rebate record. If the currency exchange rate changes, then the selling price or rebate amount is not automatically updated. You must update this information manually.
Other functions and SX.API calls that support rebate processing support rebate price rebates, including those that process EDI documents. The price and currency values of a rebate price record are included on the PD Rebates Master List Report and the Pricing/Discounting Reports - Rebates Report.
Rebate calculation
In the rebate calculation hierarchy, records for Vendor on Sale rebates that are based on selling price are searched first. Rebates that are specific to ship tos, then customers, are searched before rebates that are not specific to a ship to or customer. If a valid rebate by price record is found, then the rebate amount is applied to the sales order line. No attempt is made to find a better rebate.
The rebate is applied only if the price on the sales order line matches the price on the rebate record in the correct currency. The rebates are calculated using standard logic, based on the Calculate Vendor Rebate At and Recalc Rebate Through fields in SA Administrator Options-Documents-Sales Orders-Processing.
Feature activation
To activate this type of rebate, select Rebate by Price in SA Administrator Options-Products-Rebates.