How to: Assign Accrual Charges to Accrual Plans
Besides accrued dollar amounts, there can be other costs that are 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. The user is able to assign these costs to the accrual plan by using the Accrual Charges feature.
The following steps describe how to assign accrual charges to a customer rebate. The same procedure can be followed for vendor rebates and sales commissions, but for simplicity only a customer rebate is described in detail.
To assign accrual charges to accrual plans
- On the Customer Rebate/Promo Card, on the Navigate Tab, in the Promo/Rebate group, choose Charges.
- A new page appears in which the following information must be entered:
| 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 by Quantity * Unit Amount. |
- Press OK. The scheduled payment lines are created automatically.
Accrual charges will be 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 the user decides to create accrual or payment schedules, the system will use this total estimated amount to calculate accruals and payments.