Rebate Processing in Purchasing – Subsequent Settlement 

Purpose

Rebate processing deals with rebate arrangements that will be affected by long-term customer-vendor relationships. The customer performs a settlement at predefined times. The settlement can be created as an interim settlement or as a final settlement. This settlement effectively cancels any existing provisions and posts the income from the rebate arrangement.

You should view the whole settlement transaction in the context of a normal logistics chain.

Process Flow

You can find the data for this process under .

  1. Displaying a Vendor Master Record
  2. Creating a Rebate Arrangement
  3. Creating a Purchase Order
  4. Processing the Goods Receipt for the Purchase Order
  5. Processing the Incoming Invoice on the Basis of a Purchase Order
  6. Creating an Interim Settlement
  7. Creating a Business Volume Comparison
  8. Creating a Final Settlement