Unlike traditional rebates in which rebates are received on a per-line-item basis, some vendors provide a greater rebate when buying in bulk or volume quantities during a specific time frame. The Vendor Volume Rebates Program helps you set up the vendor record with the rebate information. You can define the program's active dates or expiration time frame, indicate what purchase order types can be included and what the rebate tiers should be. Additionally, you can indicate if certain products are not allowed on the rebate even if they may fall into the right category.
Users must have the VEND.REBATE.VIEW authorization key to display the Vendor Volume Rebate information in view-only mode or the VEND.REBATE.EDIT authorization level to enter and adjust Vendor Volume Rebate programs and build the Vendor Volume Rebate data. In addition, users must be assigned the VENDOR.MAINT authorization key at Level 1 or higher.
Review the following to make the most of your volume rebate programs:
The following examples are provided to further clarify how the Vendor Volume Rebate program can be used.
Your vendor offers a rebate program based on total purchases for the year as an incremental rebate program. If you purchase up to $100,000.00 of selected material from the OAT buy line, you receive a 3.0% rebate ($3,000.00). If you purchase between $250,000.00, you receive a 3.0% rebate on the first $100,000.00 and 5.0% rebate on the $149,999.99 purchased ($7,500.00). This makes your total rebate $10,500.00. Your program set up would look like this:
Your vendor offers a rebate program based on total purchases for the year and includes all purchases in the rebate program. If your purchases for the OAT buy line fall into Tier Level 2, you receive a 10.0% rebate on all purchases. Your program set up would look like this:
