Introduction: Instant Rebate (04-32)

Overview

This licensed option is used to set up, maintain, and bill instant rebates for your company. It consists of the Plan Setup, Plan Billing and Plan Billing Report selections.

Plan Setup is used to create/modify instant rebate plans for each vendor. These plans contain information such as the start and end date for the rebate and the items to which the rebate is applied.

Plan Billing is used to move the accrued instant rebate amounts to Accounts Receivable and General Ledger.

Finally, the Plan Billing Report prints a listing of all applied rebates for vendor over a specified range of dates. You can also export a file containing this information to your computer.