Significance of Settlement Material in Rebate

[Former Member]

Hi All,

I have created a Customer Rebate and when I am creating the condition records it is asking for a settlement material.

My question is why do I need a settlement material?

What is the accounting for rebate settlement?

Can someone please answer these questions and help me

[amit_tunara]

Hi Saurav,

When settlement is executed from Rebate agreement, it creates Credit Memo request or debit memo request. These sales documents cannot be created without a item. So to fulfill this, the settlement article will act as a dummy article for the same.

Regards,

Amit

[former_member184881]

Hi Saurav,

Amit Tunara is right, without sattlement material you can not create salttment credit memo sales order. becasue without material no sales order should be create.

thanks

Md. Enayet Hossain

[siva_vasireddy2]

Hi,

This Record is the Link for the settlement of the Rebates.

This is just a Dummy Record only for Reference.

[moazzam_ali]

Hi

Please put some efforts and search in Google before posting. Go through the following links and if still you have some confusion then come again with specific question.

http://help.sap.com/saphelp_40b/helpdata/en/dd/5611e1545a11d1a7020000e829fd11/content.htm

http://scn.sap.com/thread/1809198

Thank$

[former_member182378]

SAURAV,

The saphelp link provided by MoazzaM is helpful.

On a general note, reading the F1, of a field is very helpful.

In this particular case, VBO1, create a rebate agreement (e.g. for agreement type = 0003, Customer), go to the field "Settlement Material" and read the F1 help.