Assigning rebates to contracts

Assigning a rebate to a contract lets you receive money back after making payments for goods and services. When you assign a rebate, you can define the percent of the rebate and how often it is applied.

After you have defined this information, you create a set of qualifiers that must be met in order to receive the rebate. When you create a qualifier, you must define the purchase type (fixed, growth, or targeted). In addition, you decide whether the rebate is based on the purchase percent or purchase amount, or for targeted purchases, a date range within which the purchases must be made.

You identify rebate payment information and update rebate due dates. When updating a due date, you enter the expected rebate amount for a date and track the received amounts against the remaining amounts.

Before you assign a rebate to a contract, the contract must contain an expiration date.