Organizations can use this sample policy to identify rebate payments to be made and calculate the appropriate payment value. Rebate payments are remitted to a customer for a trade promotion program. This policy covers both Tier 1 (operator/distributor) and Tier 2 (indirect via a distributor) customers. Tier 1 customers receive either deductions (via credit memo) or payments (via check). Tier 2 customers receive payments.
According to this policy, a master listing of rebate payments to be processed must be monitored monthly. Monitoring this listing will help ensure the completeness of rebate payment processing.