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--- growth_rebates [2019/03/25 11:32] – lisa.maloney
+++ growth_rebates [2024/08/08 15:16] (current) – tina.robles
@@ Line 9: / Line 9: @@
 The growth autopay option will use **sale** data to determine growth and claims will auto-generate.  The growth standard option will use existing **claim** data to determine growth and the claims will be entered manually.
-{{:pasted:20190325-112137.png}}
+{{:pasted:20240808-150546.png}}
@@ Line 16: / Line 16: @@
 //**IMPORTANT: Prior to entering any Product information, enter the data on the GROWTH tab.**//
-{{:pasted:20190325-112716.png}}
+{{:pasted:20240808-150633.png}}
-Each of the options on this tab are required on a growth contract and the values entered here affect the pricing entered on the product growth.  These fields all work together to determine the growth threshold.
+Each of the options on this tab are required on a growth contract and the values entered here affect the pricing entered on the product growth.  These fields all work together to determine the growth threshold.  Hover over the fields for information.
   * __Growth Company Aggregation__: Determines how the Contractee is used for growth.
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-{{:pasted:20190204-115916.png}}
 -----
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 Click Add to add a growth tier - one to many growth tiers can be added.  The first column is labeled "Starting ______" and the text and type of value entered are determined by the growth unit and growth type as defined on the Growth tab.
-{{:pasted:20190204-121443.png}}
+{{:pasted:20240808-151154.png}}   {{:pasted:20240808-151332.png}}
-In this example, the growth tab was defined with growth unit of volume and growth type of percent.  In the above example, if the volume increases by 2.0000% based on the other settings on the growth tab, then this will pay $1.25.  If it increases by 4.0000% then this will pay $1.75.  If the option to Pay to First is selected, and the second tier threshold is met, then this will payout $1.75 for all volume.
+In this example, the growth tab was defined with growth unit of volume and growth type of percent.  In the above example, if the volume increases by 2.0000% compared to the growth comparison timeframe, based on the other settings on the growth tab, then this will pay $1.25.  If it increases by 4.0000% then this will pay $1.75.
+NOTE: To pay any Growth related to the comparison timeframe, enter in a value of 0.01. Example, in the below example, if the comparison period had 1000 cases and greater than 1000.01 cases were sold/claimed, then the growth amount of $2.00 would be paid.
+{{:pasted:20220127-161326.png}}
+In the below example, the sale/claim data would need to grow greater than 1000 cases compared to the comparison timeframe defined on the growth tab and then the growth amount of $1.50 will be paid. If the prior period volume was 10,000, then in order to pay growth a the sale/claim volume needs to be greater than 11,000.
+{{:pasted:20220127-161655.png}}
 Once growth is defined, the growth button displays as green.  Growth pricing is required on all contract product lines in order to save the contract.
-{{:pasted:20190204-124615.png}}
+{{:pasted:20240808-151543.png}}
 Growth can also be entered by using the Mass Update feature.  Select the rows and click the Mass Update button.  The selections made here will be applied to all selected lines.
-{{:pasted:20190204-123358.png}}
+{{:pasted:20240808-151608.png}}
 Enter the data then click Apply.
-{{:pasted:20190204-123455.png}}
+{{:pasted:20240808-151642.png}}
 After all data is entered, click Save and Submit the contract for Approval.

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