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 Settling Rebate Agreements

Use

You can partially or fully settle a rebate agreement.

The system uses the services rendered date (which is the billing date, if you are shipping products) to determine whether a billing document qualifies for rebate processing. To qualify, the date must fall within the validity period of one or more rebate agreements.

Since it is possible for the billing date to be later than the services rendered date, you may need to allow some time after the end of a rebate agreement's validity period before final processing of the rebate agreements. If the volume of your sales rebate processing is high, you can collectively process rebate settlements as a background task.