on 01-13-2007 3:32 PM
hi gurus,
Can some one explain regarding Rebates
thanks
sri
Dear Sri,
It seems you want to have brief doumentation on Rebates. here it is.
If you need some more information let me know so that I can send it to your mail.
Rebate Agreements: A rebate agreement is an agreement between the business and a customer. This agreement takes the form of a special discount paid retroactively to the customer. This discount is based on the sales volume for the customer over a specific time period. The rebate is only relevant if the
customer purchases the required sales volume.
Menu Path
The menu path here is IMG, Sales and distribution, Billing, Rebate processing.
The rebate agreement has separate condition records for each product the customer buys. These condition records specify the rebate amount or percentage due to the customer for each product. One can also specify a pricing scale so that the customer can earn a better rebate by ordering more products. Because rebates are always paid retroactively, the system keeps track of all billing documents that are relevant for rebate processing. This includes standard invoices as well as credit and debit memos related to the rebate.
The system can also post accruals automatically so that the accumulated value of a rebate is recorded for accounting purposes. A rebate agreement is finally settled when a credit memo is issued to the customer for the accumulated rebate total.
Regards,
Rakesh
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Hello,
Rebate is a type of sales promotion marketers use primarily as incentives or supplements to product sales. A rebate is an agreement with a customer to pay a certain discount if he exceeds a certain order value within a certain period of time.
<b>Example:</b> It can be agreed that for a turnover of more than $20.000 in the first quarter 2007, 1% of this turnover will be credited back to the customer.
For more details refer to the thread,
Also let me know your mail id where i can send you the complete set-up document for the same.
Regards,
Gauravjit.
Reward points if solution is helpful
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Hi,
Rebates are kind of discount paid retroactively based upon the sales volume generated over a period of specified time.
Please check the following link for more info.
http://sap-img.com/sap-sd/how-to-do-rebate-processing.htm
Hope it helps.Reward if it helps.
Thanks & Regards
Sadhu Kishore
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