Rebate Settlement Group
Description
Rebate settlement groups collect specific data for rebate settlement, allowing the use of information different from the general configuration. Therefore, both the rebate and the accrual will be generated using the settlement data defined in the settlement group. If no related settlement group code is provided, the system will retrieve the information from the general configuration.
It is essential to properly configure the settlement group with the description, settlement method, and optionally, the accrual accounts. If the settlement group is of the credit note type, the settlement account can be specified. Consequently, the fields defined in the settlement groups take precedence over those in the general configuration, allowing for individual configurations at the rate or customer target level.
If you need to configure a settlement group for product charges, you must set the "Settlement Line Type" field to product charge. By default, the charge distribution method will be by amount, but you can make the "Charge Method" field visible and assign it other values.
The fields of a settlement group are as follows:
Code: Specifies the code assigned to the rebate settlement group.
Description: Specifies the description assigned to the rebate settlement group.
Settlement Method: Specifies the settlement method for the rebates in this settlement group.
Settlement Line Type: Specifies the type of entity to be posted for this sales line, such as account or charge (prod.). The type entered in this field determines the options available in the "Settlement Account No." field.
Charge Method: Select how you want to distribute the assigned product charge if the document contains more than one Product-type line. Options include: equally (same amount per line), by amount (based on line amount), by weight (based on gross line weight), or by volume (based on line volume).
Settlement Account No.: Specifies the custom account number to be assigned to the settlement lines included in the credit memos for rebate settlement. If this field is empty, the account specified in the general configuration will be used.
Source Account No.: Specifies the account from which amounts are transferred to the rebate accrual account.
Destination Account No.: Specifies the account where the accrued amount is accumulated to pay rebates to customers. Once the rebates are paid, the amount is released from this account to others, depending on the settlement method.
Department Code: Specifies the code for the global dimension linked to the record or transaction for analytical purposes. Rebate transactions generated for this customer target will be assigned this value.
- Customer Group Code: Specifies the code for the global dimension linked to the record or transaction for analytical purposes. Rebate transactions generated for this customer target will be assigned this value.
You can define a list of dimensions in each rebate settlement group so that they are carried over to the rebate transaction and subsequently to accounting.