The Rebates and Trade Promotions SuiteApp version 2.0.0 supports volume or tiered rebates to provide flexibility in creating your rebate programs.
To set up rebate tiers, add an Agreement Details record to a rebate agreement. On the agreement details, go to the Rebate Tiers section and specify the accumulation tiers with corresponding rebate values.
The volume rebates feature includes additional calculation parameters. You can select one value per parameter to create a set of condition for calculating rebates on your sales transactions. The calculation parameters include the following:
- Rebate Schemes– This parameter lets you select the appropriate scheme for how your sales transactions earn rebates. You can select Marginal or Linear.
- Marginal– The system initially calculates rebates based on the default tier achieved at the time of sales transaction. Then, it evaluates default tiers daily, reassigns the appropriate tier, and recalculates rebates based on the value associated with the appropriate tier.
- Linear– The system calculates rebates based on the highest tier achieved by a sales transaction.
- Calculation Methods– This parameter lets you select a method for calculating rebates on sales transactions.
- Volume Amount– This option lets you earn rebates after your sales transaction reaches a target monetary tier.
- Volume Quantity– This option lets you earn rebates after your sales transaction reaches a target quantity tier.
- Rebate Rate Types– This parameter lets you select a type of rebate value used for calculating rebates.
- Rate per Unit– The calculation uses the flat amount value you assign on the rebate tiers
- Percentage– The calculation uses the percentage value you assign on the rebate tiersFor more information, see Adding Agreement Details.
Along with additional calculation parameters are enhancements to the display and categories of applicable rebates for an item. The enhancements include the following:
- Flexibility in Combining Rebates– You can now combine and apply rebates from standard and tiered rebate agreements. On the Applicable Rebates popup window, selecting your preferred rebate deals or apply the system suggested best deal. Previously, you can view and combine rebates only for standard rebates.
- Updated Applicable Rebates Popup Window– Previously, the best rebate deals are shown under one column only. Now, you can view and compare the best rebate deals under two columns:
- Payee/Payer Best Deal– This column shows the highest rebate amount among multiple agreements from one payee or payer
- Overall Best Deal– This column shows the highest rebate amount among all the applicable agreements for an item.