The activities associated with accepting, reconciling and recording the refund, discount, credit note and/or replacement for the returned product.
Discrepancies should be resolved before the Receive Settlement process is considered completed.
The receipt of funds is a financial process. The Receive Settlement process is an operational validation that the refund, discount, credit note and/or replacement conforms to agreed resolution and/or return or warranty terms and conditions are met.Note: Common inputs and outputs are listed in alphabetical order. Other inputs and outputs may be required to support varying use cases.