rebate account definition
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Rebate (marketing) Rebate (marketing) A rebate is an amount paid by way of reduction, return, or refund on what has already been paid or contributed. It is a type of sales promotion that marketers use primarily as incentives or supplements to product sales. The mail-in rebate (MIR) is the most common.
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Rebates Best Practices Part 3: Channel Management Rebates Price Masking Rebates. The other common driver of rebate use is the desire to keep the “real” price from being visible in the market. Because a rebate is, by definition, an off-invoice discount, use of a rebate allows the supplier to issue an invoice at a price that isn’t the actual, or net, price paid by the customer. Price Masking rebates, sometimes called shelter upcharges, are designed to allow invoicing at a price that is artificially high.
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What is an 'Omnibus Account' DEFINITION of 'Omnibus Account'. An account between two futures merchants (brokers). It involves the transaction of individual accounts which are combined in this type of account, allowing for easier management by the futures merchant.Next Up.t involves the transaction of individual accounts which are combined in this type of account, allowing for easier management by the futures merchant.
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- credit accountnoun [ C ] uk ​ /ˈkred.ɪt əˌkaʊnt/ us ​ /ˈkred.ɪt əˌkaʊnt/ UK US charge account. › a formal agreement between a shop or other business and a customer, in which the customer can take goods and pay the shop or business for them at a later time.
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Buying new card but what does rma mean ? A return merchandise authorization (RMA), return authorization (RA) or return goods authorization (RGA) is a part of the process of returning a product in order to receive a refund, replacement, or repair during the product's warranty period.
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Accessible Kitchen Design Accessible kitchen design is an important topic that is often misunderstood by design professionals. The following article will look at Accessible, Type A, and Type B residential dwelling unit kitchen design requirements as described by ICC/ANSI A117.1 2003. Accessible Dwelling Unit Kitchens. Accessible dwelling units are the most readily usable of the three types of dwelling units for people with disabilities. Later when we discuss Type A and Type B dwelling units we will find that kitchen requirements for these units are in the dwelling unit section, specifically 1003 and 1004.
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How to Handle Rebates in QuickBooks Bank Account.). Step 4. Click the Received From column on a blank line, and then type the name of the vendor from whom you received the rebate. Step 5. Click the Income column on the same line and select the expense account used to record the original vendor invoice.tep 7. Enter the check number in the Chk No. column if the vendor issued a check for the rebate. Select the appropriate payment method in the Pmt Meth. column and enter the rebate amount in the Amount column. Step 8. Click the Save & Close button to save the rebate entry and record the deposit.
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- A re- presented check entry is a consumer NSF check that is re-presented for payment electronically rather than through the paper check collection system. Ten Billion ACH Payments in 2003, NACHA Announces; More Than One Billion E-Checks.
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- A Rebate Kit is an ironmongery accessory that is used to allow a lock or latch mechanism to be fitted correctly on a pair of double opening rebated doors.
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- The rebate is the initial stake in a game in which the dealer holds all the cards. Yes, the rebate helps, but the buyer must recognize that the rebate facilitates the sale for the dealer, and that often the rebate itself provides little savings, if any, in the overall price of the vehicle purchased.
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rebate Use 'rebate' in a Sentence I bought a printer at an online store for sixty dollars and its purchase price ended up being forty dollars after I sent in a form for a rebate of twenty dollars two weeks later. 17 people found this helpful
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- For example, a manufacturer offers a $1,000 rebate to your customer on the purchase of a car. The customer then assigns the rebate to you as part of their down payment on the vehicle. You must report and pay tax on the $1,000 rebate.
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About the Configure account structures form [AX 2012] Account structure terms and definitions. Term. Definition. Account structure. A structure that defines the valid combinations of main account and dimension values. Segment. Each column in the Configure account structures form. Segments consist of main accounts or financial dimensions.
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Car Allowance Rebate System Part of the Car Allowance Rebate System bill made buyers eligible for the scrap value of the car along with the rebate, with the dealers taking in $50 of the value and to share the rest of the value to the buyer.
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Transaction account Transaction account. A transaction account, checking account, current account or demand deposit account is a deposit account held at a bank or other financial institution. It is available to the account owner on demand and is available for frequent and immediate access by the account owner or to others as the account owner may direct.
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- 1 Definitions. Account refers to the source of funds for Your Transaction; these sources can include an advance of credit, a debit drawn from funds on deposit, or a reduction of pre-paid funds accessed through a card. 2  You represent that you are competent and qualified to accept these Terms of Service.
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Shadow accounting A definition of the phrase numbered account is presented. It is a Swiss invention designed to allow depositors to hide behind a veil of secrecy. A numbered account in Switzerland differs from ordinary bank accounts in the country only in the number of people who know the true identity of the...
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- Return merchandise authorization. A return merchandise authorization (RMA), return authorization (RA) or return goods authorization (RGA) is a part of the process of returning a product in order to receive a refund, replacement, or repair during the product's warranty period.
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The drawing account The drawing account is an accounting record used in a business organized as a sole proprietorship or a partnership, in which is recorded all distributions made to the owners of the business. They are, in effect, drawing funds from the business (hence the name).
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Return merchandise authorization A return merchandise authorization (RMA), return authorization (RA) or return goods authorization (RGA) is a part of the process of returning a product to receive a refund, replacement, or repair during the product's warranty period.
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Deck Staining Temperatures 5 / 5  ( 51 ) Some deck stains need to be applied when the temperature is at least 60 degrees. Check the label on the deck stain you are using. In addition, once the stain is applied the temperature should not drop below freezing for 8-12 hours.This can otherwise hinder the curing process of the stain. Penetrating stains will not cure properly while film forming deck stain’s adhesion will be jeopardized.n addition, once the stain is applied the temperature should not drop below freezing for 8-12 hours. This can otherwise hinder the curing process of the stain. Penetrating stains will not cure properly while film forming deck stain’s adhesion will be jeopardized.
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- Meaning of “credit account” in the English Dictionary. See all translations. uk ​ /ˈkred.ɪt əˌkaʊnt/ us ​ /ˈkred.ɪt əˌkaʊnt/ UK US charge account. › a formal agreement between a shop or other business and a customer, in which the customer can take goods and pay the shop or business for them at a later time. (Definition of “credit account” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)
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- From Wikipedia, the free encyclopedia. A rebate is an amount paid by way of reduction, return, or refund on what has already been paid or contributed. It is a type of sales promotion that marketers use primarily as incentives or supplements to product sales.
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charge account charge account - credit extended by a business to a customer. credit account, open account. charge account credit, open-end credit, revolving credit - a consumer credit line that can be used up to a certain limit or paid down at any time. revolving charge account - a charge account that does not have to be paid to zero balance.
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Resources, events, agents (accounting model) Most visible of these are debits and credits— double-entry bookkeeping disappears in an REA system. Many general ledger accounts also disappear, at least as persistent objects; e.g., accounts receivable or accounts payable. The computer can generate these accounts in real time using source document records.
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Understanding the Rebate Accrual Process The rebate accrual records provide visibility to the rebate manager on the estimated earned rebates for analysis purposes, but also serve as the basis for the claim generation. The final rebate should be calculated based on the actual amount that you pay to the supplier for the goods that you order and receive.