After creating a volume rebate program, use both Rebate Summary and Rebate Detail to see how the program is working and where in the process you are to reach the target.
The Rebate Summary window displays the current programs progress. You can see at-a-glance how close you are to meeting the tiers for the selected vendor program and whether or not you are projected to reach that tier.
Note: You can add a shortcut widget (User Tools > Add Shortcut Widget) if you are managing vendor rebates on a daily basis.
To view rebate summaries:
From the Maintenance window, select Vendor to display the Vendor Maintenance window.
Display the vendor to which you want to attach a vendor volume rebate program.
From the Additional > Vendor Volume Rebates menu, select Vendor Volume Rebate Summary to display the summary window.
Note: Users must be authorized to view and edit this window.
The system displays the program information:
Column | Description |
Program Name | The current program name. |
Start Date | The time frame in which the program is active and when it expires. |
End Date | |
Based On | The vendor target on which the program is based, such as Weight or Dollars. |
Next Target | The next target required for the next rebate increment. |
% to Target | The amount accumulated toward reaching the next target. |
Current Rebate Value | The current dollar value the system has calculated as an earned rebate. |
Current Base Total | The current total by vendor target of received purchase orders. |
Open Rebate Value | Additional rebates expected on open purchase order values. |
Open Base Total | Values by vendor target on open purchase orders, such as the total weight. |
Status Bar | Indicates when the highlighted program's build was last run and by whom along with the vendor ID and the program name. |
Note: When a rebate is set up for a pay-to vendor, the system includes ship-from vendors in the rebate calculation.
Save your changes and exit the window.