REBATES

1. What are rebates?

Ø A rebate is a discount, which is granted on the basis of a defined sales volume within a certain period.

2. What happens when a rebate settlement is run?

Ø Credit memo request is generated automatically.

3. When rebate accruals are created?

Ø During billing processing, rebate accruals are determined and posted automatically.

4. What happens when rebate credit memo is created?

Ø Rebate accruals are reversed.

5. What are the prerequisites for rebate processing?

The following must be activated:

Ø Sales organization

Ø Payer master data

Ø Billing document type

6. With the rebate agreement, you can specify

Ø The condition type used with the rebate agreement type

Ø A validity period Proposal

7. When does rebate processing begin?

Ø When a rebate-relevant billing document is created.

8. Rebate accrual amount is calculated using what?

Ø Rebate basis.

9. What is retroactive rebate agreement?

Ø Retroactive rebate agreement allows us to take into account billing documents created before the rebate agreement is created.

10. Accrual amount in retroactive rebate agreement has to be entered manually?

Yes/No. – Yes.

11. What happens when a credit memo is created?

Ø Accruals are cancelled automatically.

12. What is a rebate material?

Ø Rebate material provides information at material level when rebate is settled in case of rebate agreement based on a group of material or to a customer.