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E1: 45: Rebate Adjustments in Advanced Pricing for Sales (R42760 / R42770 / R42780 /P4072) (Doc ID 625576.1)

Last updated on JANUARY 28, 2020

Applies to:

JD Edwards EnterpriseOne Advanced Pricing - Sales - Version 9.1 and later
Information in this document applies to any platform.

Purpose

Overview

A typical rebate offered to a customer might be as follows: As soon as a customer orders 100 widgets, they will be eligible to receive 10% off the total monetary value (amount) of widgets purchased, in the form of a rebate.

A rebate adjustment can be setup so it will be applied every time the customer orders a widget, and the quantity, weight and monetary amount of the order will be captured in a history file when processed by Sales Update (R42800). At the same time, a rebate payable account will be credited in the IB batch to reflect the obligation we have to the customer for the rebate they have earned. Once the total quantity, weight or monetary amount reaches the agreed threshold, any additional orders will cause a "rebate due" amount to accrue in the history file. Once this has occurred, a credit order for this rebate amount can be generated for the customer. Running the credit order through Sales Update (R42800) will debit the amount from the rebate payable account and credit accounts receivable, depending on AAI setup, thus completing the process.

The Advanced Sales Pricing (Y/N) box MUST be checked in the Pricing Constants (P41001) in order for Rebate functionality to work.  Also note, override price functionality can be used with Rebates.  See E1: 45: Apply On Override Price Flag (MOADJ) (P41001/P4071/ P4072/P4210/P4310) (Doc ID 1269237.1) for more info.

Scope

 

Details

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In this Document
Purpose
Scope
Details
 Setting up the Adjustment
 Single Vs. Sliding Rates
 Multiple Threshold Rebates
 Accrual and Processing
 R42800 Sales Update
 Rebate Claim Generation
 Reviewing Volume History Information
 Correcting Rebate History Information
References

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