Cost Reduced Bill Back Settings
(CRD Codes)
Access
Support
Files: GL Account.
Use this routine to establish and maintain the
CRD (cost-reduced discount) codes you use when processing cost-reduced
bill-back purchase credits. To enter CRD discounts during Purchase
Order entry, you must create at least one CRD code using this routine.
CRD purchase credits are a “hybrid” of the existing bill-backs
and DFI’s (deduct from invoice).
When you apply a CRD to a purchase order line item, the system
uses the discounted cost as
the receipt cost (similar to a DFI),
debits the inventory general
ledger account, and
debits the costing table.
When you approve the AP bill for the product, the system
creates a vendor receivable
open item for the discounted amount (similar to a bill-back),
debits the vendor receivables
account, and
credits the CRD general ledger
account.
Cost Reduced Bill Back CodeEnter
the code you want to represent this CRD purchase credit. You can enter
up to six alphanumeric characters. If you click the Search
button at this field, a read-only
lookup window appears, from which you can choose an existing code.
DescriptionEnter
a description of this CRD code. You can enter up to 20 alphanumeric characters.
If you click the Action button, the Description
Field - Language Translation Entry screen appears.
General Ledger AccountEnter
the General Ledger account you want to credit when applying this CRD code.
If you click the Action button, the GL
Account Entry Screen appears, which you can use to specify the GL
account.
Include Service PartsTo allow
this CRD code to be used to apply discounts to customer service parts,
click the check box at this field. Otherwise, leave the field blank.