Closing an agreement

1. Closing an agreement can be done manually or automatically, either by (PPS484) or (PPS477).
2. If related option 30 – Close period is used in (PPS484) for the last period or last group of periods, and preceding periods are closed, the agreement will be closed and the agreement status will be set to 90 – Finished, in (PPS475).
3. If warranted, the agreement can be closed manually by using (PPS477). This requires a record created with the update option set to 30 – Close Agreement, and an agreement number and supplier must be specified. This option will close all rebate transactions in status 1 or 3, raising the status to 9. If the status of all rebate transactions are greater than 8, the agreement will be closed.