Solved: Rebate in ISU

Former Member · ‎05-11-2009

Hi ,

Can anyone explain me a detailed procedure for Special Rebate in ISU .

Thnx.

Archana

Former Member · ‎05-11-2009

Hi Archana,

Provential Benifits: If you pay the wholesale price through your utility, your electricity bill includes adjustments that will affect the final commodity price you pay.

Hence Some governing body issues a total amount to be distributed to a specified customer group, for a specified period of time, based on the prorated consumption for each qualifying customer. There are different types of Rebates like Power Genereation Rebate, Price Credit Rebate,Business Protection Plan Rebate (ie. The calculation of the Business Protection Plan Rebate paid to wholesale consumers ended March 31, XXXX, with final payments to be made later this summer or early fall.) etc.

The Following are the Steps considered for calculating Rebates:

1. Define the total to be dispersed

2. Ddefine a period for which the rebate applies

3. Prorate the kWh applicable to the period

4. Define the customer class for which the rebate applies

5. Calculate prorated kWh * Rebate = $

6. Create transactions for each customer and post en masse to the customersu2019 A/Rs (FICA)

7. Create a note/remarks referencing the period for which the rebate applies to be posted within the transaction or as a log/note en masse

8. Final accounts to which a rebate is applied will require a clearing cheque

With regards,

Sunil

View solution in original post

Former Member · ‎05-11-2009

Hi Archana,

Provential Benifits: If you pay the wholesale price through your utility, your electricity bill includes adjustments that will affect the final commodity price you pay.

Hence Some governing body issues a total amount to be distributed to a specified customer group, for a specified period of time, based on the prorated consumption for each qualifying customer. There are different types of Rebates like Power Genereation Rebate, Price Credit Rebate,Business Protection Plan Rebate (ie. The calculation of the Business Protection Plan Rebate paid to wholesale consumers ended March 31, XXXX, with final payments to be made later this summer or early fall.) etc.

The Following are the Steps considered for calculating Rebates:

1. Define the total to be dispersed

2. Ddefine a period for which the rebate applies

3. Prorate the kWh applicable to the period

4. Define the customer class for which the rebate applies

5. Calculate prorated kWh * Rebate = $

6. Create transactions for each customer and post en masse to the customersu2019 A/Rs (FICA)

7. Create a note/remarks referencing the period for which the rebate applies to be posted within the transaction or as a log/note en masse

8. Final accounts to which a rebate is applied will require a clearing cheque

With regards,

Sunil

Former Member · ‎05-12-2009

Hi Sunil ,

Thnq for ur reply. can u plz tell me elobarately with the help of tcodes and also img setting to do rebate, also tell me whether ISU Rebate is same as SD Rebate Agreement.

Thnx.

Archana.

Former Member · ‎05-12-2009

Hi Archana,

The SD Rebate is different than the ISU rebate, It is not possible to link the SD Rebate settings with the ISU Rebates.

For configuration of the ISU Rebates this can be possible to configure in Billing Master data ie. Rate Stru. If the rebate is not direct before billing then you have to develope a custom object (Z Program ) which will find out the respective contracts and respective consumption and calculate the rebate and post to the respective main and sub Transactions.

With regards,

Sunil