Post rebates to GL

This program is used to  

  • Write to the general ledger interface file (GLIF00P) a two line journal entry:
    • debit to the user entered general ledger account,
    • credit (equal value to the debit) to the rebate provision account.
  • Update the Rebate Customer Balances File with the entries posted to the Rebate Customer Transaction file.
  • Produce an audit trail.

Post rebate to GL

  1. In the menu, expand Other Modules > Rebate & Commissions > Accruals Posting to GL > Monthly Rebates Posting menu and double-click RB Posting to GLRBO150 Post Rebate to GL panel appears.
Field Description
Company Company for Rebate GL posting. 
Mode Indicate whether you want to run a Trial or Update. A trial run must be generated and the audit trail checked before an update is processed. This field defaults to trial but can be overridden.
Printing option

The Printing Option determines the format of the report.

1=Detail
2=Summary by customer
3=Summary by rebate definition
4=In total

Transaction type Rebates can be posted to the General Ledger by transaction type.  Entry of the transaction type is optional.
Period Defaults to the current Accounts Payable period but can be overridden.
  1. Enter the required details and click OK.