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