Emerging NSO: Standard GL Names & Descriptions (Chart Only)]

Flamingo TPE GL Name	GL Description
General
A/R Clearing	A/R Clearing is there to store the Credit Memo balances before they are settled to the proper promotion/account in Flamingo. This account also records Off Invoice deals when the invoice comes in, to ensure that the expense transfers from QuickBooks to Flamingo.
Trade
Demos	A store demonstration is an interaction between a manufacturer and a consumer. Most demos are done at store level providing a chance to taste the product and make a purchase.
EDLP / TPR	Every Day Low Price. This would be a deduction/chargeback (MCB) for an extended price reduction for performance detailed in the retailer agreement/contract.
IRC Coupons	An IRC - "Instant Redeemable Coupon" coupon is a printed form used in the coordination of many product demonstrations. These are cents off or discounts that are immediately offered at the checkout.
Lump Sum / Fixed Fees	Includes End-Caps, Displays, Shipper, Case Stacks. These would be a set amount (not a case rate) as a deduction/chargeback (MCB) for merchandising performance detailed in the retailer agreement/contract. Examples would be Ad Fees, Display Allowances, and other in-store performance.
Other Trade	Any other trade performance planning not captured in the above categories.
Post Audit Trade	Any deductions/chargebacks (MCB) addressed in a delayed fashion (typically up to 24 months) for any performance that is missed or not deducted/charged back by the customer. These should be validated against the distributor or retailer agreement/contract.
Retail Performance Promotions (Other)	These are performance based case rate allowances for short-term price reductions that are typically paid for short-term price reductions based on what the retailer purchases from the distributor for a specified period of time. These are paid by deduction/chargeback (MCB) as detailed in the retailer agreement/contract.
Retail Performance Scan Promotion	These are scan promotional allowance, at either a unit or case rate level that are paid by deduction/chargeback (MCB) as detailed in the retailer agreement/contract.
Short Coded Price Reduction	These would be deduction/chargebacks (MCB) for price reductions due to lack of sales, short coded product, or other in-store activity.
Slotting	These could be either case rate or lump sum charges for introductory product placement at either headquarter or retail store level that are paid as a deduction/chargeback (MCB) as detailed in the retailer agreement/contract.
Unpaid Off-Invoice Discounts	These are deductions/chargebacks (MCB) paid for Off Invoice allowances that were either not provided, are outside the OI period, or represent floor stock protection.
Non-Trade
Admin Fees	Any additional charge made by the retailer or distributors, such as a surcharge, charges for initial DC set up, or new item set up, on account of executing the promotional campaign. Key indicators: Admin fee, surcharge, EP fee, handling costs.
Early Payment Discount	Credit terms that entitle the buyer (distributor/retailer) to a discount on payment made earlier than the invoice maturity date.
Fairshare / ISE Charges	Many retailers prefer to have "Instore Execution Teams" to reset and merchandise products in their stores. The costs for this service is passed onto manufacturers instead of the manufacturer or broker providing people to do this work. The fee is normally determined by the percentage of product sold.
Other Chargebacks	Any other non-trade AP not captured in the above categories.
Other Logistics	Related to logistics/supply chain. E.g.: Unloading fee, pick-up allowance.
Post Audit Non-Trade	Related to logistics/supply chain. Non-performance penalty billed to manufacturer by third party auditors up to 24 months later.
Shortages / Overages	Shortage / short shipment.
Spoils / Returns	Damaged, or spoiled goods. Key indicators: damaged goods, reclamation charges, bad/unacceptable pallets, returned goods, unsaleable.
Repay
Repay	A deduction/chargeback that is either viewed as not valid, or exceeds the amount agreed to be paid in the retailer agreement/contract. Unauthorized non-trade deductions would be addressed in this category as well.