Initial Setup
In order to automate the MDF Registry feature, calculation rules will need to be created and set to active so that MDF Credit is generated automatically and Debits occur when MDF is approved.
First, with the Incentive Approver admin permission, navigate to Settings > Revenue Settings > Calculation Rules. Two rules should be created, one for creating MDF Registry Credit, and one for Debits for approved MDF that has been disbursed.
MDF Registry Credit Rule
On the Calculation Rules page click the "+ Calculation Rule" button at the top right in order to begin creation of the new rule. On the following page fill out the information to complete the rule as described below:
- Rule Name - As desired
- Rule Description - As desired
- Trigger - As desired *It is recommended to set this to Always Trigger and Never Ends so that it will indefinitely run
- Define "When this happens" - Deal Status Equals
- Value - As desired
- Incentive Type - MDF Registry Credit
- Payable To - Partner Company
- Variables - As desired *This should be left blank to apply to all
- Effective Rate - As desired
MDF Registry Debit Rule
On the Calculation Rules page click the "+ Calculation Rule" button at the top right in order to begin creation of the new rule. On the following page fill out the information to complete the rule as described below:
- Rule Name - As desired
- Rule Description - As desired
- Trigger - As desired *It is recommended to set this to Always Trigger and Never Ends so that it will indefinitely run
- Define "When this happens" - MDF Status Equals
- Value - As desired
- Incentive Type - MDF
- Payable To - As desired
- Variables - As desired *This should be left blank to apply to all
Once both of these are set up, the MDF Registry will now automatically add Partner Credit Available based on deal status set in the Credit Rule and automatically deduct based on the MDF status set in the Debit Rule. The MDF registry is now ready for use!