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what is retro active billing?who is will create this?

Answer Posted / meenakshi sundaram

Retro active billing belongs to rebate process. It takes
into account the billing documents that were created
previously ( ie before the rebate agreement done)& also
billing documents which were created during the rebate
period.In those documents which were created earlier, the
accruals & basis were not automatically updated, it has to
be done manually while in the documents which were created
during rebate period, the accruals & rebate basis were
automatically updated.

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