what is the mean of rebate processing
Answers were Sorted based on User's Feedback
: Rebate is a special discount given to a specific customer
for certain sales volume within a specific period of time.
E.g., Customer A gets 5% discount if he buys 1000 kgs in
April 2008 Customer A gets 7% discount if he buys 1500 kgs
in April 2008
Is This Answer Correct ? | 13 Yes | 0 No |
Answer / durga
Apart from Swastikas answer
Rebate is a kind of of discount which can be given to the
customer later not at the time of sale and total discounted
value which the customer was eligible will be accumilated to
accurals and setteled later by a credit note
Is This Answer Correct ? | 3 Yes | 0 No |
Answer / keshav
Rebate is a one type of discount and also it is an
agreement between company and customer based on material
quantity , sales volumes.
Is This Answer Correct ? | 3 Yes | 3 No |
Answer / mohanreddy
Hi friends,
Apart from Mohanreddy answer,
Rebate is an one kind of discount on selling goods or services to the customer on credit basis using payment terms also. Some times discounts will be depends on payment terms
Is This Answer Correct ? | 0 Yes | 0 No |
Rebate is the discount given based on the sales volume purchased from the customer.
e.g. 10000 pieces -------- 1% discount.
20000 pieces -------- 2% discount.
30000 pieces -------- 3% discount.
Is This Answer Correct ? | 0 Yes | 0 No |
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