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 Accruals

Use

Rebate accruals allow your accounting department to keep track of how much your company owes customers with whom you have rebate agreements.

You can enter

Example

accrual rates based on sales volume

accrual rate USD 2.00 for every 10 pieces the customer buys from you

accruals not based on sales volume

lump sum payment of USD 5000 for front of store display

If you are processing rebate agreements that have a relatively short life-span (for example, one month), it may not be necessary to use accruals at all during rebate processing.