Rebate Periods
Description
A period is a timeframe within rebates are applicable, and within each timeframe, we can establish the customer targets to trigger the rebates.
Configure a Period
We can create a new period from the Periods & Customer Targets page. Each entry represents a period of time during which rebates will be applied, and within each period, we can set the customer targets to generate the rebates.
On this page, we can create new periods by clicking on the New button. In addition, it offers views that allow us to apply saved filters, such as open periods, and additional buttons to copy periods or access related pages, such as accrual entries, sales statistics or rebate entries.
The fields required to create the period are listed below. This includes a period code, the date range during which it will be active, a description and the type of invoices to be considered for the purposes.
- Invoices Included in Targets. The available values are:
- Posted Within the Period. Specifies whether targets for the rebate period will take into account all invoices posted within the start and end dates.
- Posted Within the Period (If Paid). Invoices whose payment was collected between those dates.
- Paid Within the Period. Invoices that were posted in that period and have been paid by the customer (in or outside the period).
When creating a period, it is advisable to set milestones, as these can be used both to generate rebate reports and to generate the rebates themselves. To create them, we can access through the buttons Period, Milestones or from the information panel located on the right side, where the milestones of the period are displayed. In the latter, we simply select the edit option. On the milestone creation page, we only need to provide the milestone code, the date it ends and a corresponding description. We also have a button to create monthly milestones automatically. On the milestone creation page, we only need to provide the milestone code, the date it ends and a corresponding description.
Set Targets
Customer targets are the criteria that must be met in order to apply rebates.
Copy a Period
In the list of periods we have buttons to copy the selected period, including its milestones, customer targets, customer ranges and asociated benefits.
