Creating rebate types

  1. Select Supply Management > Supply Management Setup > Contract Management > Rebate Types.
  2. Click Create.
  3. Specify this information:
    Contract Group
    Specify a contract group.
    Rebate Type
    Specify a rebate type.
    Description
    Specify a description.
    Growth Rebate
    Select this check box to calculate a growth rebate. A growth rebate is based on incremental purchases over the previous period of purchases. For example, if the growth in purchases is greater than 5% but less than 6% compared to the previous period, then the rebate paid is 5%. If the growth in purchases is greater than 6% but less than 7% compared to the previous period, then the rebate paid is 6%.

    If the growth in purchases is greater than 7% but less than 8% compared to the previous period, then the rebate paid is 7%. You can select either Growth Rebate or Fixed Rebate Amount, but not both.

    When you select Growth Rebate, a check box is displayed. Select it to calculate the expected rebate on the growth from last year to this year only.

    Fixed Rebate Amount
    Select this check box to create a rebate type with a fixed amount taken off purchases, regardless of the amount spent.
  4. Click Save.