Rebate amt and accrual amt definition and calculation

[Former Member]

Hello,

Are accrual amts defined as accrual rate * rebate basis?.. Do accrual rates and accrual amts have to be predetermined as accruals would mean keeping a reserve of a credit for a customer with the assumption of the customer reaching certain order value levels? Is the rebate basis then presumed for the same?Could rebate amts be more than accrual amts? I believe rebate amts and accrual amts are different.. Kindly help & correct me wherever necessary..

[Lakshmipathi]

Welcome to SCN.  As a new member, there are certain rules and regulations which everyone should adhere to that.  Please go through the SCN rules which you can find to your right screen once you logged in.  Search before posting such generic queries.  Most importantly, avoid asking multiple questions in one thread

G. Lakshmipathi