The customer runs transaction VBOF to apply the rebate conditions in the invoices. Table VBOX stores all rebate relevant invoices. How does the system keep track of the invoices which relevant for rebate processing?Īnswer. Let’s focus on the line in boldin the above section. A rebate agreement is finally settled when you issue a credit memo to the customer for the accumulated rebate total.The system can, if you wish, automatically post accruals so that the accumulated value of a rebate is recorded for accounting purposes. Because rebates are always paid retroactively, the system keeps track of all billing documents (invoices, credit and debit memos) that are relevant for rebate processing. You can also specify a pricing scale so that the customer can earn a better rebate by ordering more. These records specify the rebate amount or percentage for each product. Within the rebate agreement you create separate condition records for each product the customer buys.on what criteria the rebate is based (customer, customer and material, and so on).how long the rebate agreement is valid.In the agreement you specify, for example You define the details of the rebate in a rebate agreement. This discount is based on the customer's sales volume over a specified time period. So, before we move into Settlements Management, let’s touch upon how the traditional Rebate processing works to be able to appreciate the advantage Settlements Management offers.Ī rebate is a special discount which is paid retroactively to a customer. The answer lies in the difference between the architectures of S/4HANA and traditional ERP business suite. Next logical question which would be asked is “Alright, but why Rebates Management has been done away with in S/4?” The answer is via Settlements Management. Subsequent logical question which any sane person would ask now is “How do I provide rebates to my customers then?” Yes, you heard it right! You can’t create a new Rebate Agreement neither can you extend existing ones. Moving into S/4 1610, New Rebate Agreements are no longer available for creation. Knowledge of SD Rebate Processing ( to be able to understand the advantages of the new solution ) The blog will cover the following topics :. I faced similar problems while trying to understand “Condition Contract Management” within Settlements Management which is the replacement for traditional “Rebates Management” and hence I thought it would be nice to share my experiences. However sometimes ( or most of the times ) one finds it a bit difficult to run a hands-on end to end scenario for the new features which is going to be part of S/4 HANA. and the question always arises how is my business going to be impacted, what is the way forward and am I getting into a totally unknown territory? The first thing which anybody would do is to search for topics on SCN blogs, Google, JAM pages which actually a good starting point. As we move from the world of ERP Business suit to the world of S/4 HANA, there are many things which are changing in various modules like FI, SD, PP, Output management etc.
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