Record Entries into Trade Incentive Program (TIP) on Transaction/Line Action

This action creates an Inventory Movement record and an Inventory record for the selected entry transaction line(s) under a trade incentive program. The logic configuration associated with the transaction type helps the system to identify the date qualifier, the location or inventory organization, and the quantity qualifier to be considered in the process.

The movement record will include details such as the identification of the transaction line, associated trade incentive program, inventory organization, item, quantity, and procedure. On the other hand, the inventory record will include details such as the identification of the transaction line, associated trade incentive program, inventory organization, the item, initial and remaining quantity, and procedure. The remaining quantity and the original quantity will both be set to the quantity on the transaction line, and the status will be set to open.

You can use the Trade Incentive Program Inventory Movement and the Trade Incentive Program Inventory screens to view the results of this action. In the example below, you can see the Inventory Movement record as a result of running the Record Entries into Program on a Transaction Line.

Business Benefit

This feature provides the ability to track entry transactions, facilitate efficient monitoring of their utilization under a program and provide support for legal reporting requirements.

Steps to Enable

You don't need to do anything to enable this feature.