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Ideas for Modeling Item-Driven Customer Rebates?

edited Mar 26, 2008 9:14AM in Accounting / ERP 4 comments

I'm looking for ideas and suggestions for a way to model Customer Rebates.

Basic Requirements:
[LIST=1]
[*]When an invoice is saved, need to auto-gen journal entries that will record the rebate the Customer will receive in the future for selected items:[LIST]
[*]DEBIT an Expense Acct
[*]CREDIT a Rebate Accrual Acct[/LIST]
[*]The Rebates are accrued until the Customer requests a payment/withdrawal of accumulated rebates
[*]Rebates are Customer and Item Specific
[LIST]
[*]Only selected Items have rebates
[*]Different Customers can have different rebates for the same item[/LIST]
[*]When the Rebate is accrued, the following info must be recorded for reporting later:

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