Table of Contents

Bonus Settlement

You can finalize the bonus with a settlement document. It can be a sales credit memo or a purchase invoice (order) for a sales bonus, or a purchase credit memo or a sales invoice for a purchase bonus. You can also print the bonus summary with the listed source documents used for bonus calculation.

To settle a released bonus

The settlement document can be created as a result of the bonus closing procedure.

  1. Choose the Lightbulb that opens the Tell Me feature icon, enter Sales Bonus List or Purchase Bonus List, and then choose the related link
  2. Open a released bonus card.
  3. Choose the Close & Settle... action.
  4. Update the Closing Date field, if necessary and select the Settle field.
  5. Confirm that you want to open the settlement document card. The settlement document depends on the option that is selected on the Bonus Type Card page in the Sales/Purchase field for the bonus. The following documents are used for bonus settlement:
  • a sales credit memo or purchase invoice (order) for a sales bonus, or
  • a purchase credit memo or a sales invoice for a purchase bonus.

To settle a closed bonus

The settlement document can be created for a closed bonus on demand. You can create a settlement document both for sales and purchase bonuses.

  1. Choose the Lightbulb that opens the Tell Me feature icon, enter Sales Bonus List or Purchase Bonus List, and then choose the related link
  2. Open a closed bonus card.
  3. Choose the Close & Settle... action.
  4. Select the Settle field.
  5. Confirm that you want to open the settlement document card. The settlement document depends on the option that is selected on the Bonus Type Card page in the Sales/Purchase field for the bonus. The following documents are used for bonus settlement:
  • a sales credit memo or purchase invoice (order) for a sales bonus, or
  • a purchase credit memo or a sales invoice for a purchase bonus.

To print a bonus summary

A bonus summary printout can be issued from a sales credit memo, a posted sales credit memo, a purchase invoice (order), a posted purchase invoice, a purchase credit memo, a posted purchase credit memo, a sales invoice, and a posted sales invoice page.

  1. Choose the Lightbulb that opens the Tell Me feature action, enter Sales Credit Memos, and then choose the related link
  2. Open a sales credit memo card.
  3. Go to Reports and run the Bonus Summary... action.
  4. Choose the Print or Preview & Close action to process the report.
Caution

The Bonuses & Accruals application allows you to re-create the settlement document from closed bonus card. The user is informed if the settlement document already exists.