Based on your Sales Rebate setup, Rebate Value Entries will be created, and store the Rebate Amount, and General Ledger Entries will be posted to accrue for the rebate.
The assisted setup for Rebates will help you quickly setup the required data and start using the app.
- Navigate to the Assisted Setup page and select the Set up Rebates.
- Choose Next to begin the setup
- Create Item Rebate Groups and assign them to required items.
- Create Customer Rebate Groups and assign them to required customers.
- Create Rebate Posting Groups to define Rebate and Accrual Account
- Open the Sales Rebate page and setup the required Sales Rebates lines.
Use the Working with Sales Rebates guide to help you set up the Sales Rebates lines.