Life Cycle

Example of a Rebate Agreement that is paid semi-annually.

Agreement

1. Before the year starts:

   1. the agreement conditions are negotiated

   2. the agreement is approved

2. During the validity of the agreement (i.e. usually a year period):

   1. the user can open the read-only agreement to see overview of the rebate estimations and accruals

Rebate Record

1. During the validity of the RR:

   • the Rebate Record is periodically recalculated to have the new rebate estimations & accruals. It uses the actual data of Transactions available to calculate the estimations & accruals. The results of those recalculations are usually presented to business users on dashboards.

     • the RR can create and calculate also 1 or more PayoutRecords, if it need to calculate the accruals on more fine-grained level.

2. After the validity:

   • the rebate money amount is reviewed and approved by a business user.

   • once approved, the rebate amount is exported to expternal system to be paid to the customer.

Entity Relationship

Below is a schema that gives a broad perspective of the domain types.