Rebate Tracking Software for Food Companies

The Customer and Vendor Rebate Tracking application maintains a real-time database to ensure the timely crediting of customer rebates allowances based upon sales history. Vendor rebate tracking is easy and can be posted as a credit allowance to Accounts Payable or as a bill back, which creates an Accounts Receivable transaction to the vendor account.

The Rebate Tracking application offers the following features to support customer rebates in the food industry:

• Post general ledger entries for accrued customer rebates.
• Establish a single rebate program that covers multiple customers or individual programs.
• Use entry programs to match allowed rebates by customer, reducing the current accrual and creating an accounts receivable credit memo.
• Vendor rebates are supported in the Vendor Rebate Tracking application with the following features:
• Post general ledger entries for accrued vendor rebates.
• Choose available options for creating a credit memo to Open Accounts Payable (allowance) or an invoice to open Accounts Receivable (bill back).
• Use entry programs to match allowed rebates by vendor, reducing the current accrual.