Rebate Processing (CRM-RB)
An accrued and deferred item for future liabilities of a company.
The extent and due date of these liabilities can often only be estimated.
Example
- Amounts in rebate processing that have been identified for payment at a
later date, according to terms and conditions in the rebate agreement
- Committed amounts in funds management used to post expenses in the fiscal period(s) in which they occur
