The NEXUS FINANCIALS Rebate Management module is designed to facilitate the processing of rebateable transactions and provide traceability and reporting for these transactions.
The major features of this module include:
- Caters for Sales Based Rebates
- Calculates rebates based on Contractual selling price and agreed rebate payable.
- Rebates are defined on a per customer basis or for a group of customers.
- Rebates are accrued to designated account in General Ledger.
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- Cost of Sales are adjusted automatically where appropriate.
- Retains the integrity of margins reported in Sales reports elsewhere in the system.
- Reports generated as basis for raising a claim for rebates due.
- Rebates parameters can be edited or deleted as required.
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