Run Periodic Settlement
Explanation
This activity can be used to run periodic settlement on rebates. When the
periodic settlements should be made for the rebate receivers, it is necessary
to aggregate all rebate transactions for the specified period per receiver.
The required aggregation can be performed using this activity, for the period
before the system date.
You can specify a date in the To Date, if you need the period specified
in the rebate agreement to be overridden. Then the periodic settlement will
be run for the transactions that have taken place until the specified date.
You can either run periodic settlement directly, or schedule the task as
a background job.
Prerequisites
- An active rebate agreement(s) should exist.
System Effects
- A settlement will be done for the transactions belonging to the specified
period prior to the system date and will be grouped according to the rebate
agreement. i.e. rebate type, rebate group or assortment node, etc.
- A new periodic settlement record(s) will be added to the
Periodic Settlement page.
- The basis for calculating final rebates is the sales net amount. This
also applies for the Use Price Including Tax functionality.
- The ID of the Periodic Settlement will display in the Periodic Settlement
column in the Rebate Transactions
page.
- Customer rebate credit invoices can be created for the aggregated rebate
transactions.
- If the total rebate amount is larger than zero, it will be possible
to create a rebate invoice