BP Bill/Invoice Management::BP Bill/Invoice Lifecycle Management::Apply BP Pricing, Discounting, Adjustments & Rebates::Apply BP Pricing, Discounting, Adjustments & Rebates to BP Account

Apply BP Pricing, Discounting, Adjustments & Rebates to BP Account determines the BP account or BP specific pricing, charges, discounts, and taxation that should be delivered on the bills/invoice for a BP.

In certain countries it is standard practice to outsource sub functions of tax determinations to specialized external parties.

An adjustment is a transaction that debits or credits a BP's account by changing the amount due for a bill/invoice item. Adjustments can also change non-currency balances in the account. There are many reasons to apply adjustments, such as goodwill and mistakes.    An adjustment may also be in the form of a credit memo that is issued because a BP returned goods to the enterprise, or there is a pricing dispute, or a marketing allowance, or other reasons under which the BP will not pay the enterprise the full amount of the bill/invoice.