cancel
Showing results for 
Search instead for 
Did you mean: 

Rebate Agreement

Former Member
0 Kudos

Hello,

Can someon please explain me what is the use of Rebate Agreements and above all the use of the accrual field.

Regards

Accepted Solutions (0)

Answers (1)

Answers (1)

former_member550050
Active Contributor
0 Kudos

Hi

Rebates are long term agreements between customer and the company which are defined for a certain volume may be for a particular material or group of materials

The difference between discount and rebate is discount is only for that particular sales order and rebates are for volumes over a period of time

These are settled by the company thro credit notes to the customer

Accurals are accumulatons of the discounts of the sales orders

These are put in a separate account key

Regards

Raja