Accounting Finance:Rebates-Entering Monthly Rebates

Overview

By the end of this course, you will be able to:

• Understand how to use and change user template
• Understand how to enter rebates into accounts payable

Entering Monthly Rebates

1. Select ASW Fastpath

2. Select Cash Management

3. Select A/P Cash Management Tasks

4. Select A/P Invoicing Tasks

5. Select Enter Financial Transactions

6. Enter Voucher type 30

7. Enter Batch amount

8. Click User template

9. Enter REBATE into the A/P invoice entry field

10. Click A/P inv in the side panel

11. Double-click Rebate

12. Enter Document date (use month-end date on report)

13. Enter Supplier invoice dte (use month-end date on report)

14. Enter Supplier invoice no (check a previous transaction)

15. Enter Due date (use date specified on report)

16. Enter Reception date (use month-end date on report)

17. Enter Text (check a previous transaction)

18. Press Enter

19. Press Enter

20. Press F12 twice to move back to the Financial system transaction entry

21. Press Enter

22. Enter Supplier number

23. Enter Transaction amount

24. Press Enter twice

25. Enter sub-total amount to applicable pseudo account

26. Press Enter to confirm

27. Press Enter to confirm

28. Enter next invoice OR

29. Press F12 to re-display the entry panel

30. Make sure the batch amount and transaction amount totals are the same and there is no difference (except for rounding differences)

31. Press F3 when completed

32. Press F3

33. Mark Close batch

34. Change Printer queue to LP05

35. Press Enter

36. Press Enter

37. Stamp the report with a red star

38. Attach registers to report and scan documents into Gauss (rebate batch class)