What is rebate processing in SAP?

What is rebate processing in SAP?

You use rebate processing to process special discounts that are paid retroactively to a customer. Rebate processing enables you to define rebate agreements and perform accounting for rebates given during the validity period of a rebate agreement. Rebate processing is available in the SAP CRM WebClient UI.

What are the prerequisites to process rebates?

Rebates Processing in a Nutshell

  • Set up prerequisites2:
  • Create Rebate Agreement.
  • Order is processed till invoicing on which the rebate will be applicable.
  • The rebate sales volume is made current by updating the rebate and rebate amounts are accrued.
  • Open rebate for settlement:
  • Credit memo request is generated.

What is extended rebate?

The Extended Rebate Processing component is an enhancement of the mySAP ERP rebate processing. You can use Extended Rebate Processing to process business transactions that are typical for and occur frequently in the consumer goods industry (for example, the beverage industry).

What is the Tcode for creating rebate agreement in SAP?

SAP Rebate Agreement Transaction Codes

# TCODE Description
1 VBO2 Change rebate agreement
2 VBO1 Create rebate agreement
3 VBO3 Display rebate agreement
4 RBT_ENH_VB7 Settlement Extended rebate agreement

What is the difference between rebate and discount?

Discount is allowed when the payment is made in time, whereas rebate is allowed when the full payment is made to the seller for purchases. Discount is given for each item purchased by the customer; however, the rebate is given as a deduction in the list price provided the required conditions are satisfied.

What level we can activate rebate?

Activating Rebates Rebates are deactivated in standard SAP by default. You have to activate the functionality at three levels: the sales organizations, the billing types, and the customer level. You can activate the rebates at the first two levels—the sales organization and billing type—in customization.

What is VB01?

VB01 is a transaction code used for Create Material Listing/Exclusion in SAP. It comes under the package VKON. When we execute this transaction code, SAPMV13G is the normal standard SAP program that is being executed in background.

How do I create a rebate condition record?

To create a condition record for a rebate agreement:

  1. When creating or changing rebate agreements, you can create condition records by choosing Goto Conditions to get to the Agreement Overview screen.
  2. Enter the data necessary to create a condition record (for example: customer and condition rate).
  3. ChooseENTER .

What is an example of rebate?

A simple example of a rebate is a volume incentive, where a customer could receive a rebate for buying a certain volume of a certain product over the life of the deal. For example, if you purchase 1,000 units, you may earn a 5% rebate, but if you purchase 2,000 units you could earn a 10% rebate and so on.

What is a 100% rebate?

A 100% rebate means that they receive 100% discount – they do not have to pay any tax on land value.

How do I set rebates in SAP?

Rebate Process Configuration

  1. Step 1: Define Agreement Type.
  2. here I selected standard and renamed “0002-Material Rebate” to “Z002- Material Rebate-AA11”
  3. 2.1: Click on Define condition Type groups.
  4. Step 2.2: Assign Condition Types /tables to Condition Type groups.
  5. Click on it.
  6. Check agreement status to ‘B’

What is listing and exclusion in SAP?

Purpose. Material listing and exclusion lets you control which materials specific customers may or may not buy. For example, if you create a material listing for a specific customer, the customer can only order products from that list. You can also create a master record for material exclusion for a particular customer …

Back To Top