Rebate Credit meno

[Former Member]

Hi Gurus,

Can anyone explain me the process of rebate credit memo?

As this is order related billing, billing is created wrt to order. I can find the net value in both the rebate credit memo and the billing but couldnt find the Line item.

with what referenace we create rebate credit memo?

Regards,

Santhosh

[Former Member]

Hi,

Rebate condition types features when you create the Billing document (It sis beacuse of Requirement 24 for Rebate Condition Types in the Pricing Procedure).

One the Billing document is saved a corrosponding Accounting document is generated as all the data are transferred to FI.

That means different Pricing componenets like Price, Discount, Tax and Freight are posted to respective G/L Accounts (as per the assignment in the Revenue Account determination).

In the same way, Accruals are also posted to the specific G/L account meant for Accrual.

The total accumulated Accrual amount , you can see in the Rebate Agreement > Sales volume screen.

Rebate settlement:

Rebate settled through a Credit Memo (Rebate Credit Memo).

The "Rebate Credit Memo" is created with reference to the "Rebate Credit Memo Request".

"Rebate Credit Memo Request" is an Order Type and is created automatically by the system when we click on Rebate settlement. System automatically gives the Rebate Credit Memo Request number.

If you have created a "Material Rebate", then the same Material is copied to the Rebate Credit Memo Request.

But, if you created a "Material Group Rebate" or "Customer Rebate" etc then you need to have one Material in order that system can create the Rebate Credit Memo Request automatically.

Therefore, we create a "Settlement material" (by maintaining atleat the accounting data andmost basic data required) and assign the settlement material in the above Rebate Agreement Types and system creates the Rebate Credit Memo Request with this settlement material.

Regards

Pradyumna

[former_member183879]

Hi,

An invoice becomes credit relevant based on the rebate agreement and the value of the rebate condition type in the invoice will accrue against the rebate agreement.

Once the agreement period is over, it can be settled by creating a credit memo either automatically or manually as configured in the system.

During the creation of credit memo request, we can give a default material number (which need not be the material number in the invoices or sales orders), just to indicate the rebate agreement number.This is also configured in the system

Once this is done, the CMR and CM will be created for the rebate agreement and the status of the agreement will change to Settled.

[Former Member]

Hi,

The reabte is processed against accumulation which happens on billing .

However I would suggest to first search the forum on these basic questions and put in forum if you have any doubt therafter.

Regards

Sanjay