Specify conditions
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On the Conditions tab, specify this information:
- Payee
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Select the payee to whom the rebate claims will be paid.
The default selection is the selected supplier's payee.
- Payment Method
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Specify a payment method for claims from the list.
The default value in this field is based on the selected payee.
Note: Payment methods are defined and maintained in the ERP. They are transferred to the application through BODs. - Payment Terms
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Select payment terms for claims from the list.
The default value in this field is based on the selected payee.
Note: Payment terms are defined and maintained in the ERP. They are transferred to the application through BODs. - Minimum Claimable Amount
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Specify the minimum claimable amount for the agreement.
Invoicing claims that are less than this amount are not allowed.
- Division
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Select a division.
This is the equivalent of an accounting entity in the buying company.
The value in this field indicates the entity that raises rebate claims.
- Currency
- Select a currency from the list.
- Exchange Rate Type
- Select an exchange rate type.
- Rebate Method
- Select a rebate method as the basis for
calculation:
- Fixed Rate indicates a fixed rebate rate based on the value specified in the Percent field.
- Scaled Rate indicates a rebate rate based on the scale connected to the rebate agreement. This rate varies by the bulk of purchase transactions.
- Scaled Amount indicates a rebate amount based on the scale connected to the rebate agreement. This amount varies by the bulk of purchase transactions.
- Fixed Amount enables you to specify a fixed rebate in the Amount field.
- Scale
- If you select Scaled Rate or Scaled Amount
as the rebate method, select a scale from the list.
To view the scale levels that are connected to the rebate agreement, right-click Scales and select Details.
- Percent
- If you select Fixed Rate as the rebate method, specify the percentage.
- Amount
- If you select Fixed Amount as rebate method, specify the rebate amount.
- Guaranteed Rebate
- Specify the value, expressed as a percentage, of guaranteed rebate rate.
- Agreement Unit
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Select an agreement unit from the list.
This field is the unit of measure for the rebate scale.
- Quantity refers to the total ordered quantity for every purchase order line.
- Net purchase price refers to the net of the discounts amount for every purchase order line, expressed in the currency of the agreement.
- Gross purchase price refers to the total amount for every purchase order line, regardless of the discounts expressed in the currency of the agreement.
- Paying Unit
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Select a paying unit from the list.
This field indicates to which value the rebate rate or rebate amount is multiplied.
- Quantity only applies to Scaled Amount and Fixed Amount rebate methods.
- Net Purchase Price only applies to Fixed Rate and Scaled Rate rebate methods.
- Gross Purchase Price only applies to Fixed Rate and Scaled Rate rebate methods.
- Scale U/M
- If you select Quantity as the agreement unit or paying unit, select a unit of measurement from the list.
- Click Save.