Implementing vendor rebates based on purchase

When a vendor offers a rebate based on purchase, you get a discounted price when you purchase products with rebates attached.

This list describes the basic workflow when implementing and using vendor on purchase rebates:

1. Select Subtract Vendor Rebate From Cost in SA Administrator Options-Sales History-Rebates/Basis to use vendor rebates based on purchase.

   This decreases the cost of sales totals by the amount of the rebates. If this option is cleared, rebates are not calculated.

2. Set up your rebate types and options in SA Administrator Options-Products-Rebates.
3. Select the rebate calculation method in SA Administrator Options-Documents-Sales Orders-Processing.
4. Complete the set up vendor rebate records in PD Pricing Setup and other related setups.
5. Enter a purchase order with parameters matching the rebate record you defined in PD Pricing Setup.
6. Receive the purchase order in Purchase Receipt of Inventory Entry. Cost updates and various functions updates are performed during receiving .
7. Run the Purchase Entry Journal Print Report to review the postings.
8. Vendor on purchase rebates are calculated when the purchase order is costed in Vendor Invoice Center Entry.
9. Generate the SM Rebate Report to compile all outstanding rebates.
10. Send the rebate claim to the vendor. The vendor issues the rebate based on your agreement. For example, you can receive cash, a credit that you can deduct from your current balance, or a special purchase allowance.
11. When your vendor responds, reconcile your rebate claims in PD Rebate Reconciliation Entry.