To enter received rebate amounts

Note: 

Rebate received amounts can also be received through Accounts Receivable as a check, through Accounts Payable as a credit memo, or through Cash Management as a cash receipt.

  1. Select a contract for which you want to enter rebate amounts that you have received.
  2. Click the Rebates tab.
  3. Double-click the rebate for which you want to enter received amounts.
  4. Click the Rebate Due Dates tab.
  5. Double-click the rebate due date record.
  6. On the Rebates Received tab, select Create from the Actions menu.

    Use the following guidelines to enter field values:

    Rebate Company

    Type or select the company that the received amount will be assigned to.

    Payment or Invoice Number

    Type or select a payment or invoice number for the received amount.

    Date

    Select the date that the payment was received.

    Rebate Received Amount

    Type the amount of the received payment.

  7. Click Save.
  8. On the Rebate Distributions tab, select Create from the Actions menu to create the rebate distribution.

    Enter the distribution amount, General Ledger company, accounting unit and account.

    If you use departments, click the Department tab and select the contract company and department.

  9. Click Save.