Besides accrued dollar amounts, there can be other costs associated with a particular sales marketing plan. Advertisements, promotions, and in-store events are a few examples of additional costs that a rebate plan can incur. You can assign these costs to the accrual plan using the Accrual Charges feature.
The following steps describe how to assign accrual charges to a customer rebate. The same procedure applies to vendor rebates and sales commissions. For simplicity, only a customer rebate is described in detail.
On the Customer Rebate/Promo Card, on the Navigate tab, in the Promo/Rebate group, choose Charges.
On the page that appears, fill in the following fields:
Field | Description |
|---|---|
Accrual Charge Code | Choose from a list of available accrual charges. |
Description | The description is copied from the accrual charge code setup, but can be changed. |
Quantity | The quantity of the accrual charge. |
Unit Amount | The unit amount of the accrual charge. |
Amount | The total accrual charge amount, calculated as Quantity × Unit Amount. |
Choose OK. The scheduled payment lines are created automatically.
Accrual charges are reflected in the Accrual Charge Amount field on the Accruals and Payments tabs of the Customer Rebate/Promo Card. Accrual charge amounts are added to the rebate's estimated accrual amount to determine the total estimated amount that will be accrued and paid out for a marketing plan. If you decide to create accrual or payment schedules, the system uses this total estimated amount to calculate accruals and payments.