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Siebel Consumer Sector Guide > Trade Funds > Administrator Procedures for Consumer Sector Funds >

Creating a Fund

Marketing administrators create funds for use by key account managers. Funds can be manually created by marketing administrators or automatically generated using fund groups. Fund groups are used to hold created funds and have generic information that administrators can apply when generating a fund. There are two types of funds, fixed and accrual, that can be created by marketing administrators.

Creating a Fixed Fund

Fixed funds have a predetermined amount (for example, $5,000) allocated in a lump sum that can be used over a specified period of time. Administrators can manually create or automatically generate fixed funds.

To manually create a fixed fund

  1. Navigate to the Administration - Data screen > Funds view.
  2. Create a new fund record.
  3. Click the Type field drop-down list and select Fixed.
  4. Complete the necessary fields.

To automatically generate a fixed fund

  1. Navigate to the Administration - Data screen > Fund Groups view.
  2. In the Fund Groups list, create a new record.
  3. Click the Type field drop-down list and select Fixed.
  4. In the Accounts list, click Apply to add eligible accounts to the fund.
  5. From the Pick Account pop-up dialog box, select the account records to add, or click Select All to add all eligible account records.

    To be eligible, an account must have the following attributes:

    • The account must have the same organization as the fund group.
    • The account has the "Fund Eligible" flag checked.

      NOTE:  To verify that the Fund Eligible flag is checked, navigate to the Accounts screen > Accounts List view.

  6. Fill in the Percentage field for each account record.

    The value in the Percentage field determines how much of the associated Fund will be allocated to the account.

  7. Click the Target Products view tab.
  8. In the Target Products list, click Products.

    All products of the target category and any sub-categories are automatically listed.

  9. Click the Accounts view tab, and in the Funds list, click Generate.

    Fixed funds are created based on the fund group and the accounts.

Creating an Accrual Fund

Accrual funds are calculated by product sales (for example, $1.50 per case x 5000 cases sold =$7,500). Once established, they can be used over a specified period of time. Administrators can manually create or automatically generate accrual funds.

To manually create an accrual fund

  1. Navigate to the Administration - Data screen > Funds view.
  2. Create a new fund record.
  3. Click the Type field drop-down list, and select Accrual.
  4. Complete the necessary fields.

    Some fields are described in the following table.

    Field
    Comments

    Account

    The account that is eligible for the fund.

    Source Category

    The category whose associated products generate accruals.

    Target Category

    The category whose associated products may use the fund.

    Basis

    The value used to accrue funds (for example, Cases or Revenue).

    LOV Type: CS_FUND_BASIS

    Basis Period

    The period of time for which the basis is valid.

To automatically generate an accrual fund

  1. Navigate to the Administration - Data screen > Fund Groups view.
  2. In the Fund Groups list, create a new record.
  3. Click the Type field drop-down list, and select Accrual.
  4. In the Accounts list, click Apply to add eligible accounts to the fund.
  5. From the Pick Account pop-up dialogue box, select the account records to add, or click Select All to add all eligible account records.

    To be eligible, an account must have the following attributes:

    • The account must have the same organization as the fund group.
    • The account has the "Fund Eligible" flag checked.

      NOTE:  To verify that the Fund Eligible flag is checked, navigate to the Accounts screen > Accounts List view.

  6. Click the Target Products view tab.
  7. In the Target Products list, click Products.

    All products of the target category and any subcategories are automatically listed.

  8. Click the Source Products view tab.
  9. In the Source Products list, click Products.

    All products of the source category and any subcategories are automatically listed.

  10. Click the Accounts view tab.
  11. In the Funds list, click Generate.

    Accrual funds are created based on the fund group and the accounts.

    
Siebel Consumer Sector Guide