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Difference between discount and rebate?

Answer Posted / tripathi

Discount is applicable, when we create a sales order and
rebate when we save the billing document. Rebate is a
agreement between Sales Org. and Bill to party to purchase
the material within a period and value, it will settle
retroactively. For Rebate condition type we enter Acc. Key
ERB and ERU for Accrual in pricing procedure.
T_Code for Rebate VBO1

Is This Answer Correct ?    34 Yes 16 No



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