Rebate Payment Setup

Description

Rebates can be settled via purchase credit notes. This method of settlement can be configured both at the general level, in the iDynamics Rebates configuration, and on the individual vendor card.

General Setup

From the iDynamics Rebates configuration, we see the default settlement method in the system.

Vendor Setup

From the vendor card we can configure more parameters for the settlement such as payment method and terms, giving priority to this configuration over the general one.

Here, we have fields to filter purchases at the vendor level and determine whether to apply a rebate, such as the Vendor Discount Group and Contact fields for rebates. If we do not want to include this vendor for rebates, we can check the Exclude from rebates box.

Number Series

Custom number series can be configured for each type of rebate settlement document, enhancing identification and traceability from the moment they are created from a rebate movement through to their final posting.

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