Direct Rebates
iDynamics Rebates allows you to configure rebate rates to automatically calculate rebates applied to sales documents. This calculation can be based on parameters such as customer, product, dates, and other user-defined criteria. Additionally, associated amounts can be accrued automatically to facilitate financial management. From the generated direct rebates, rebate entries can be generated for subsequent settlement.
This feature also allows you to generate vendor rebates based on sales. Its use is recommended if you receive a rebate from the vendor each time an item is sold or when you receive a vendor rebate that is then transferred to the customer. In the latter case, it works by generating and settling the vendor and customer rebates related to the sale, allowing the transfer of the vendor rebate to the customer.
Define Rebate Rates
Rebate rates allow you to configure the conditions that a sales document must meet to generate direct rebates, including the rebate amount and the settlement method associated with the rebate.
Learn how to define direct rebate rates
General Setup
From the general setup of iDynamics Rebates, you can adjust rebate calculation rules, activate automatic accruals, and define other key parameters to tailor the system to your business needs.
Learn about the different configuration parameters
Direct Rebate Entries
Direct rebate entries are automatically generated based on the defined rates, providing a flexible solution for managing rebates.