Supplier Rebates - Transfer to Profit Objects
Our client enters into rebates arrangements with suppliers to get the benefit from the volume of the purchases from the supplier. The rebates are accumulated in a clearing account when the settlement is run and the vendor will gets a debit and the rebate will get a credit and subsequenlly when more rebates are accumulated the rebate clearing is maintained with the current value of the rebates incurred, so this we are beautifully able to acheive.
The issus for which we need some support is the client see's rebates as profitable components which needs to be included in the profitable component, and needs to be included in the COGS revenue of the company showing the respective sales contracts as the profitable objects.
Kindly share your idea's on this.