How To Set Up A Rebate Program

The rebate functionality within Dynamics 365 for Operations is quite robust. It allows managing customer or vendor rebates by accruing an expense for rebates at the time a sale occurs. At the fourth dimension of payment, you can procedure rebate directly to a client balance in the form of a credit note in Dynamics 365. Also, you can create a vendor balance which can be paid electronically or by cheque. For this postal service, nosotros will hash out how to process a rebate in Dynamics 365 once all the initial setup is complete.

The rebate accrual account and expense account are defined within the Rebate Programme Types course as seen below:

This determines the journal entry that will be booked at the sales order invoice phase. You can fix up multiple rebates that are applied in the following criteria:

• A unmarried customer
• A grouping of customers
• All customers
• A single item
• A group of items
• All items

You define the rebate terms using the Rebate Agreements class which is broken upwards into 2 sections: header and lines sections

The header section allows y'all to input the following criteria:

• Rebate program ID which has data on the blazon of rebate program that will be applied and main accounts used
• Applicable client and particular data
• Applicable unit of measurement of measure out
• Minimum Quantity value and amount to trigger the rebate characteristic
• Kickoff and end date for rebate agreement

The lines section allows has additional information that is fastened to a rebate agreement. These are:

• Additional customer and detail information if different rebate terms are applicable to different items or customers
• Quantity breaks if rebates alter based on volume a customer orders
• Amount type determines whether a dollar corporeality per unit, stock-still dollar corporeality regardless of amount ordered or percentage of the net invoice is booked.

Below yous tin can encounter a snapshot of the rebate agreements header and lines information:

Once a rebate is marked to be processed, the following steps are used to create a credit note for a customer or laissez passer along to Accounts Payable:

1. Go to the All Customers form by going to Accounts Receivable > Customers > All Customers
2. Select the customer which a sales lodge was created for and has a rebate that has a status of Marked.
3. On the Action Pane go to Collections > Settle Transactions
4. Within the Settle Transactions Class, go to Functions > Rebate Programs
5. Click Edit on the Rebate Programs form and select the rebates you would like to procedure as a credit note or transfer to Accounts Payable
6. Mark the applicable rebates and select Function > Create Credit Note / Pass to Accounts Payable
7. The rebates accept been candy and y'all tin can close the applicable forms to return to the home folio.

If you lot accept whatsoever questions about the rebate functionality in Dynamics 365 or other modules feel free to reach out to us.

How To Set Up A Rebate Program,

Source: https://www.axsource.com/manage-rebate-dynamics-365-operations/

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