Best Deal on Rebates
The system identifies a rebate as the best deal if the amount is the highest among a group of applicable rebates for an item.
The Payee/Payer Best Deal column on the Applicable Rebates popup window shows which agreement for each group of payee or payers offers the highest rebate amount.
If the best deals include agreements for both the Receiving and Paying payment types, the system calculates the difference and applies the rebate to an item.
Read the following topics for more information about best deal rebate:
The steps in determining the best deal are described in the procedure for Creating a Sales or Purchase Transaction with Rebates.
Best Deal Rebate Amount Display
The rebate amount shown on the transaction line is the difference between the rebate amount of each payment type. When you update the item quantity on the transaction line, the rebate amount automatically updates.
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When paying rebates, the best deal lets payers give the highest rebate amount to the payee.
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When receiving rebates, the best deal lets the payee receive the highest rebate amount from the payer.
In the following example, best deals include three rebate agreements:
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Two rebate agreements for paying rebates are stackable with a combined rebate amount of –$150.
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One rebate agreement for receiving rebates has a rebate amount of $500.
The rebate amount on the line item is $350.
|
Applicable Rebates |
|||||||
|---|---|---|---|---|---|---|---|
|
Rebate Agreement |
Agreement Detail ID |
Stackable |
Rebate Amount |
Price Pass-through Value |
Payer/ |
Payer/ |
Payment Type |
|
Agreement #1 |
20 |
Yes |
-$50 |
0 |
Customer A |
Yes |
Paying |
|
Agreement #2 |
21 |
Yes |
-$100 |
0 |
Customer A |
Yes |
Paying |
|
Agreement #3 |
22 |
No |
$350 |
0 |
Vendor A |
No |
Receiving |
|
Agreement #4 |
23 |
No |
$500 |
0 |
Vendor A |
Yes |
Receiving |
To view how the system calculates the rebates and selects the best deal, see Rebate Calculations.
Rebate Agreements with Similar Rebate Amounts
If the highest rebate amount is the same for multiple rebate agreements, the system uses the following process to select the best deal:
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The system selects the rebate agreement with the earliest start date.
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If the start dates are the same, then the rebate agreement with the earliest end date is selected.
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If the validity periods are similar, then the rebate agreement or agreement details record that was first created is selected. The order in which the agreement details are created is identified through the agreement detail ID.