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PRC: PO: Does Oracle Fusion Purchasing has Vendor Rebates Functionality? (Doc ID 2560616.1)

Last updated on JULY 16, 2019

Applies to:

Oracle Fusion Purchasing Cloud Service - Version 11.13.19.01.0 and later
Oracle Fusion Purchasing - Version 11.13.19.01.0 and later
Information in this document applies to any platform.

Goal

How to use Vendor Rebates in Purchasing?

Below is the scenario
1. Volume rebates for eg. 4% discount is offered by the vendor if the total purchase from this vendor exceeds $100,000 over a year or 5% discount on some of the qualifying products.
The discount amount should accrue over the entire period of the rebate agreement and at the end of the year a cash or cheque credit should be received from the vendor based on the total amount purchased.


2. Growth rebates where the vendor offers a percentage discount based on the increase in amount of product purchased from the vendor YOY. The rebate percentage should be determined based on the growth in purchase amount as per the below mentioned table.

Growth Rebate
0 to 5% 1%
5 to 10% 1.5%
10 to 15% 2%
15 to 20% 3.5%
20 to 30% 4%
> 30% 5%
 

Solution

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In this Document
Goal
Solution
References


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