Run Periodic Settlement

Explanation

This activity can be used to run periodic settlement on rebates. When the periodic settlements should be made for the rebate receivers, it is necessary to aggregate all rebate transactions for the specified period per receiver. The required aggregation can be performed using this activity, for the period before the system date.

You can either run periodic settlement directly, or schedule the task as a background job. 

Prerequisites

• An active rebate agreement should exist.

System Effects

This activity has the following system effects;

• A settlement will be done for the transactions belonging to the specified period prior to the system date and will be grouped according to the rebate agreement. ie. rebate type, rebate group or assortment node, etc.
• A new periodic settlement record(s) will be added to the Periodic Settlement window.
• For a VAT company, two separate periodic settlements will be created based on the setting on the Use Price Including Tax check box for the rebate transactions.
• The ID of the Periodic Settlement will display in the Periodic Settlement column in the Rebate Transactions window.
• Customer rebate credit invoices can be created for the aggregated rebate transactions.
• If the total rebate amount is larger than zero, it will be possible to create a rebate invoice

Window

Run Periodic Settlement

Related Window Descriptions

Run Periodic Settlement
Rebate Agreement

Procedure

You can run periodic settlement directly, or schedule the task as a background job.

To run periodic settlement directly;

1. Open the Run Periodic Settlement dialog box. 
2. To run periodic settlement for a specific rebate agreement, specify the required rebate agreement ID.
3. To run periodic settlement for a specific customer, specify the required customer number.
4. You can specify a date in the To Date, if you need the period specified in the rebate agreement to be overridden. Then the periodic settlement will be run for the transactions that have taken place until the specified date.
5. If you need to run periodic settlement for a different company click Company and change the company as required.
6. Click OK after the necessary criteria is specified. 

To schedule the run periodic settlement as a background job;

1. Click Schedule to open the New Database Task Schedule window. Set the scheduling parameters as desired and save. Scheduled tasks can be seen in Scheduled Database Tasks window.