In this video, we walk you through how to track volume rebates from manufacturers, specifically using our vendor list. We demonstrate how to edit vendor information to mark them as VR eligible and select the brands that qualify for the rebate, such as Whirlpool, along with entering the rebate percentage. We also show where to find your VR estimates under Accounts Payable and Purchase Order Billing.
Volume Rebate Tracking Procedure
Objective
This SOP outlines the steps to track volume rebates from manufacturers effectively.
Key Steps
Access Vendor List 0:11
Navigate to the menu.
Select 'Vendors'.
Click on 'Vendor List'.
2. Select Vendor 0:19
Choose the vendor you want to edit (e.g., Parts-O-Rama).
Cautionary Notes
Ensure that you have the necessary permissions to edit vendor information.
Double-check the VR eligibility and brand selections to avoid errors in rebate calculations.
Tips for Efficiency
Regularly update vendor information to ensure accurate tracking of rebates.
Keep a record of all brands eligible for volume rebates for quick reference.