Understanding Standard Procurement Rebates

Standard procurement rebates enable a customer to receive a rebate from a supplier after the customer purchases a certain amount from that supplier. Standard procurement rebates apply only to purchase orders. The customer is the beneficiary of a standard procurement rebate in the rebate history.

This table defines the two methods for awarding a standard procurement rebate to a customer:

Method	Definition
Accounts Receivable Invoice (Debit Memo)	Using the debit memo method, you run the Generate Rebate Claims (R42770) batch program to generate the sales order. This program uses the supplier's Address Book number as the sold-to customer. Through the sales order, the supplier settles the rebate by paying the invoiced amount to the distribution center or the individual.
Accounts Payable Credit (Credit Order)	Using the credit order method, you run the Generate Rebate Claims batch program to generate a credit order in the Purchase Order Detail File table (F4311). The distribution center or individual can offset the credit against payments that are owed to the supplier, or transfer the credit to the JD Edwards EnterpriseOne Accounts Receivable system to generate an invoice.

When you create the purchase order, the system displays standard procurement rebates in the Price History program. The system accrues the rebate using the Accounts Payable Standard Voucher Entry (P0411) program.

The system uses these AAIs for standard procurement rebates:

• 4515: Rebate Accrual

• 4520: Rebate Receivable

Voucher match accrues standard procurement rebates and updates the F4078 and the F4079 tables. The system also uses these tables when processing standard procurement rebates:

• Purchase Rebate History F4343

• F4071

• F4074

• F40UI74

See also:

• Working with Rebate Adjustments.

• Working with Adjustment Definitions.