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Former Member

accrural in rebates or rebate accrural

what is accrural in rebates or what is rebate accrural?

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    Former Member
    Jul 02, 2008 at 09:49 AM

    Dear Chandu,

    What is accrural in rebates or what is rebate accrural?

    Both are same meaning

    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.

    I hope it will help you,

    Regards,

    Murali.

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