on 10-06-2010 7:37 AM
D/ Friends,
What is rebate? How it is different from discount? What is rebate agreement configured? Pls explain with examples.
Thank you.
Hi
Rebate is the agreement to give an amount in credit to the customer if certain level of sales order is received over a decided period. This may be a yearly calculation.
Discount is normally provided on each sales, and is not dependent on total volume .
Thanks
kamala
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Dear,
before to post this type of basic questions, I would advice you to look the documentation already available in the Wiki forum and search in the past posted threads.
As you can see here below there are several links that may answer to your question:
Rebate agreement [http://wiki.sdn.sap.com/wiki/display/ERPLO/REBATE+AGREEMENTS]
Rebate processing [http://wiki.sdn.sap.com/wiki/display/ERPLO/Rebate+Processing]
Rebate troubleshooting [http://wiki.sdn.sap.com/wiki/display/ERPLO/REBATES+TROUBLESHOOTING]
Rebate fields description [http://wiki.sdn.sap.com/wiki/display/ERPLO/RebateAgreementTypeScreen-FieldDescription]
How to do rebate processing [http://wiki.sdn.sap.com/wiki/display/ERPLO/Howtodorebateprocessing]
Regards,
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Hi Siddhanth
I find this PDF link very useful that tells you about the configuration of rebates in SAP.
http://www.erpgenie.com/publications/saptips/052005.pdf
Thanks
Indranil
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Rebate is kind of discount, But will be settled after the rebate period is completed unlike the discount paid on each transaction.
rebates initially cumulated as accruals , after end of the rebated validity period it will be paid to the customer if the payer meets specific conditions maintained in rebated agreement.
Note: rebate payment can be done during the rebate period.
Regarding REBATE CONFIGURATION search in forum.
Regards,
Reazuddin MD
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Rebate is like Credit given to Customer not necessarily for any Sales.
The important difference between Rebate and discount is that Rebate is is a kind of reimbursement where as Discount is expenses
Try to search the forum u will get a lot of post on this
Regards
Ashok
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