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.