Vendor Rebate Settings

(VR Rebate Plans)

Access

Support Files: None.

Use this routine to establish volume rebate plans offered by vendors.  You can use volume rebate plans when a vendor offers a refund or rebate plan that requires reaching a specific level of purchases based on dollar amount or quantity.  You enter Vendor Receivable (VR) rebate plan codes on purchase order line items for products that are eligible for the refund/rebate. The vendor receivable debit, created via the Enter a Volume Rebate (Volume Rebate Posting Entry) program, can be based on any of the following:

• purchase orders placed

• items received

• items approved for payment

Plan CodeEnter the code of the plan you want to create or edit. If you click on the Search button, a list of plans appears from which you can choose.  You can enter up to six alphanumeric characters.

Plan CompanyIf using multi-company processing, enter the code of the company you want to include in this plan.  If you click on the Search button, a list of valid company number codes from which you can choose.

If not using multi-company processing, the company number defaults and you cannot edit it.

DescriptionEnter a description of the rebate plan, using up to 30 alphanumeric characters.

VendorEnter the code of the vendor offering the rebate plan.  If you click the Search button, a list of valid Vendor codes appears from which you can choose.

Goal Type

Goal Amount

Starting DateEnter the date on which to begin the selected plan. If you click on the Calendar Icon, a calendar appears from which you can choose a date.  

Starting on the date you enter here, the system automatically offers this plan as a default on purchase orders that meet the necessary criteria. To keep the volume rebate plan open-ended, leave this field blank.

Ending DateEnter the date on which to end the selected plan. If you click on the Calendar Icon, a calendar appears from which you can choose a date.  

After the date you enter here, the system no longer offers this plan as a default on purchase orders that meet the necessary criteria. To keep the volume rebate plan open-ended, leave this field blank.

Plan Type

Plan Amount

General Ledger Account NumberEnter the General Ledger account you want to credit when a user creates a vendor receivable via Enter a Volume Rebate (Volume Rebate Posting Entry). If you click the Action button, the TPA GL Account Entry screens appears from which you can choose an account.

Include Service PartsTo include service parts when using this rebate plan, check the box.  Otherwise, leave the field blank.