Material master data
What a material record holds in ClaimDS — code, HSN, unit of measure, MRP and list price with history, and the categories the rebate engine reads.
A material is a product or SKU in your ClaimDS master data. Agreements target materials, business volume lines reference them, and the calculation engine reads their details when it works out rebates — so a clean material catalogue underpins accurate accruals.
The core fields
Each material has a code (its SKU, fixed once created so references stay stable), a name, an HSN for tax classification, and a unit of measure. The HSN and UOM keep tax treatment and quantities consistent everywhere the material is used.
Prices
A material can carry an MRP (maximum retail price) and a list price, each maintained over time with effective-from and effective-to dates and a full history. When a rebate calculation needs a price, ClaimDS resolves it in order — the price on the invoice line first, then the material's history at that date, then its current value. See pricing — MRP and list price for how this works.
Categories
Like counterparties, materials classify against your own lookup-code categories — product line, brand, pack size and so on — which lets agreements target the right products.
Sales status
A material has a sales status — active, blocked, or phased out — separate from whether it's simply hidden. A blocked material pauses new scheme enrolment while existing schemes continue; a phased-out one is at end of life. This keeps rebate eligibility aligned with a product's real lifecycle.
How the engine uses it
At calculation time the engine reads the material's HSN, its category classifications, and its prices to apply the agreement's rules correctly. Keeping these current is what keeps rebates and their tax treatment right.
Related
Still stuck?
Book a demo and we'll walk through it on your own data — or just talk to us.