term agreement rebate help what is
Meaning of rebate agreement (LO). What is it: in a given period. A rebate agreement can be agreed.

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Definition rebate agreement (LO)

REBATE AGREEMENT (LO) title: rebate agreement (LO) (SAP Library - Glossary)
REBATE AGREEMENT (LO) category: Logistics - General (LO)
REBATE AGREEMENT (LO) explained:

An arrangement with a business partner for granting rebates in a given period.

A rebate agreement can be agreed in a sales area with a customer (rebate recipient) or in a sales organization with a vendor (rebate granter).

Example:

A rebate agreement is made with vendor Miller Inc. In the current year, a rebate of 2% paid for the purchase of material from the vendor sub-range "adhesives." If the sales value achieved in this area is greater than USD 50,000, the rebate is increased 3%.

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