Rebate Processing in Purchasing – Subsequent Settlement
Purpose
Rebate processing deals with rebate arrangements that will be affected by long-term customer-vendor relationships. The customer performs a settlement at predefined times. The settlement can be created as an interim settlement or as a final settlement. This settlement effectively cancels any existing provisions and posts the income from the rebate arrangement.
You should view the whole settlement transaction in the context of a normal logistics chain.
Process Flow
You can find the data for this process under
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