Receiving rebate amounts

Rebate received amounts can be received through Receivables as a check, through Payables as a credit memo, or through Cash Management as a cash receipt.

Rebate received amounts defined in other solutions are automatically displayed here.

  1. Select Manage Contracts.
  2. Select a contract.
  3. On the Rebates tab, select a rebate.
  4. On the Rebates Received tab, click Create.
  5. Specify this information:
    Rebate Company
    Select the company to which to assign the rebate amount.
    Payment or Invoice Number
    Specify a payment or invoice number for the received amount.
    Date
    Select the date that the payment was received.
    Rebate Received Amount
    Specify the amount of the received payment.
    Status
    Select a status. Valid options are Entered and Received.
  6. Click Save.
  7. On the Rebate Distributions tab, click Create.
  8. Specify the Distribution Amount, and on the Account tab, click the helper list icon and specify the accounting information.
  9. Click Save.