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Pre-requisites:

• Add a Patronage Category

1. Go to Patronage > Refund Rate
2. Click New button from the toolbar of the search screen.
3. Enter details to the screen:
   1. Refund Type – the name of the refund rate. Should be unique.
   2. Description
   3. Qualified – will determine how 1099 is reported
      1. Check – the entire refund amount will be reported.
      2. Uncheck – the cash refund will be reported as well as the equity when paid out.
   4. General Reserve – the GL account to use for the cash refund.
   5. Allocated Reserve –  the GL account to use for the equity reserved.
   6. Undistributed Equity – the GL account to use for the undistributed equity.
   7. Cash Payout – the percentage of the refund amount to be given. The remaining refund will go to the equity.
   8. Grid Details:
      1. Patronage Category
      2. Rate – the number to multiply in the volume of a customer to make refunds (Volume * Rate = Refund amount).
4. Click Save button.
. (Required)
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5. Open Refund Rate Screen.
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6. Enter the necessary information on the grid. Also, please take note of the required fields that must be filled.
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7. Click Save button.
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