What is an appropriate step for setting up a rebate type valid for transactions in January?

Setting eligibility criteria with activity dates for January is the most appropriate step for setting up a rebate type that is valid for transactions during that specific month. By establishing these criteria, you ensure that the rebate will only apply to transactions that occur within the defined date range, which in this case is January. This allows for precise targeting of the rebate to encourage specific sales during a particular timeframe.

Implementing eligibility criteria helps manage and track the rebate program efficiently since it delineates exactly when the rebate benefits are applicable, making it clear for both the sales team and customers. Furthermore, it enhances the relevance of the rebate to current sales activities, thereby improving the effectiveness of promotional efforts.

In contrast, making the rebate type inactive on January 31 would terminate the rebate opportunity just as January ends, which doesn’t align with setting it up for transactions during that month. Setting up a new rebate program for January might seem practical, but it could result in unnecessary duplication of efforts if a rebate type already exists. Using the effective date on Rebate Type alone does not sufficiently address the need for specific activity date criteria; it generally pertains to establishing when the rebate type itself is valid but not necessarily for tracking transactions effectively within that month.