Rebate Tracking

VAI’s Software Solutions for Tracking Rebate Status

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:

• 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.

Learn More About VAI's Rebate Tracking Software Solutions

Vormittag Associates Inc. provides value-driven software solutions designed to help you meet your most challenging large business objectives. Discover how VAI's Customer and Vendor Rebate Tracking application can make tracking rebate status easy and more efficient. Browse through our industry-specific products, fill out a contact form for a FREE demo package, or call us today at 1.800.824.7776. We look forward to helping you reach your business goals and long-term growth strategy.