Purchasing Rebate Processing (2R7)

S/4HANA Sourcing & Procurement Scope Items

This scope item covers the subsequent settlement of rebate conditions agreed on with suppliers. You use condition contracts to enter the rebate conditions, together with the process control parameters, business volume selection criteria, and settlement dates for partial and final settlement.

To claim rebate payments from suppliers, you create settlement documents. Supplier invoices or material documents of goods receipt postings are used to determine business volume.

If rebates lower costs, you perform a goods-related settlement as an account payable to create a credit memo with the supplier as the payer. If a rebate agreement reflects a service rendered for the supplier, you perform settlement as an account receivable to create an invoice for the supplier.

Settlement documents are usually immediately released to accounting. You can also create a two-step condition contract to collect and post settlement documents of different condition contracts in one journal entry to accounting.

Key Process Steps Covered

Create condition contract for a supplier as business partner
Release the condition contract (optional)
Run the procurement process parallel to the condition contract lifecycle
Check business volume (optional)
Post accruals (optional)
Run partial settlement with reversal of accruals (optional)
Run final settlement with reversal of accruals
Release the settlement of the condition contract (optional)
Release the settlement document of the condition contract to accounting (optional)

Benefits

Manage purchasing rebate agreements centrally
Create different types of purchasing rebate agreements according to your business needs
Settle purchasing rebate agreements automatically
Provide enhanced transparency and flexibility along the whole condition contract lifecycle
Process purchasing rebate consistently with the procurement process

Where is Purchasing Rebate Processing(2R7) being used?

This Scope item is used in the following way:

As a core function of Operational Procurement within Sourcing and Procurement Scope Item Group

Process flow of Purchasing Rebate Processing (2R7)

Find below the process flow of the scope item Purchasing Rebate Processing as it is defined for release s4h-2021.

Download Process Flow of Best Practice scenario Purchasing Rebate Processing (2R7) - S/4HANA OP

Ref: Sourcing and Procurement of SAP S4H-2021

Best Practices related to S/4HANA

Best Practices of SAP S/4HANA On Premise *1
Best Practices of SAP S/4HANA Cloud *2
Best Practices of SAP Analytics Cloud *2
Best Practices of Robotics Process Automation(RPA) with SAP Leonardo *2

*1) Yearly Updates are released per September of each year
*2) The Quarterly updates are released per Februari, May, August and November
Details of future releases can be found in the SAP Roadmap section of each product. Go to SAP Roadmap Product Finder.

Knowledge Center Scheer Nederland | The Process Experts Visit also the SAP Cloud ERP knowledge center of Scheer Netherlands. The following topics are covered:

Place comment