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what do u mean by accruels?

Answers were Sorted based on User's Feedback



what do u mean by accruels?..

Answer / prowess

Amounts that are 'earned' or 'spent' in a period, but for
which the cash transactions have not, or will not, take
place within that period. For example - Rebate Accurals,
Freight Revenue, Sales Deductions, Bonus, Taxes.

Is This Answer Correct ?    10 Yes 1 No

what do u mean by accruels?..

Answer / santosh

All customer Rebate account's are posted in accruels

Is This Answer Correct ?    2 Yes 0 No

what do u mean by accruels?..

Answer / manjunath

as per the rebate agreement, customer will be credited for
every transaction he does with the company. this amount
will be posted to his account.& company will issue the
credit note for the customer on completion of agreement
date. if acustomer wants to take out some amount from his
rebated amount in the company, he can take eventhough
agreement date is not completed. at that time company
issues credit memo for the customer from his accumulated
rebate amount. sap uses sales order type R4, billing type
B4. for issuing credit memo, use sales order type G2.

Is This Answer Correct ?    2 Yes 2 No

what do u mean by accruels?..

Answer / radheshrpsap

accrual means advance payments done by the customer.

Is This Answer Correct ?    0 Yes 0 No

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