Understanding Rebates

Some of your suppliers might offer you cash rebates if you purchase a certain quantity or amount of their items and services. You can set up the JD Edwards EnterpriseOne Procurement system to track rebates.

To track rebates, you must enter information about each rebate agreement. When you enter, change, or cancel an order, the system applies the appropriate purchases toward the rebate agreement.

You can view the current status of each rebate agreement, including:

• The purchases necessary to obtain the rebate.

• The purchases you have made that apply to the rebate.

• The amount of each rebate.

With this information, you can identify rebates that your business is likely to obtain. You can also identify rebates that are unobtainable, which might change your price negotiations in the future.

You can have the message center alert you when you are within a range of meeting the purchase requirements for a rebate.