Hi, The scenario you describe requires final settlement to be executed on a monthly basis to ensure that any excess accrual is reversed and that the sales volume from month A does not count towards the rebate basis for month B. So monthly settlement with monthly rebate extensions would suit. Regards, Dutch
| | | ---------------Original Message--------------- From: sOmar Sent: Wednesday, August 24, 2011 11:42 PM Subject: Extending Rebates Hi All, I assume what I am asking might be quite a basic question but I haven't been able to find a proper response yet. Would appreciate if someone could forgive my unfamiliarity with rebates and clarify this a little more. The scenario is that we have a rebate agreement with some customers. The agreement is such that if for a month the customer hits $X of sales the customer will get Y% rebate. Now this agreement is reset every month i.e. if the customer fails to hit $X within this month then next month he needs to start from 0 or if the customer manages to go over $X this month then the appropriate credit is issued and the counter for next month is reset. In such a case I imagine I can create a single rebate agreement per customer and then set the validity to be a month and then issue partial rebate every month. However, would this accomplish the task of resetting the sales volume or do I need to do something more like Change Validity Periods or Extend the Agreement. I imagine the solution would be simpler than creating a new agreement each month. Any suggestion on the best way to map this scenario? Thanks for all the help. | | __.____._ Copyright © 2011 Toolbox.com and message author. Toolbox.com 4343 N. Scottsdale Road Suite 280, Scottsdale, AZ 85251 | | Popular White Papers In the Spotlight _.____.__ |