what is the difference between discount and rebate in sap sd?
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A discount is money you save instantly. With a rebate, you buy the item at full price, and then have to send out some paperwork and proof of purchase, then the company sends you a rebate check.
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As nouns the difference between concession and discount is that concession is the act of conceding, especially that of defeat while discount is discount (reduction in price).
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Purchase discounts is a contra revenue account. Revenue accounts carry a natural credit balance; purchase discounts has a debit balance as a contra account. ... The difference between the two results in net sales revenue. Accounts receivable is a current asset included on the company's balance sheet.
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New-car incentives and rebates are discounts that an automaker offers to help steer consumers away from the competition or make sure they stay loyal to a brand. They are also used when a certain model is not selling well enough and the automaker needs a lower price to spur sales.
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Unlike a redemption, which is compulsory, selling shares back to the company with a repurchase is voluntary. However, a redemption typically pays investors a premium built into the call price, partly compensating them for the risk of having their shares redeemed.
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The Purchases account is used only to record the purchases of merchandise for resale. The Purchases account is a permanent account. A discount period begins on the date the charge customer receives the invoice. Accounts in the accounts payable subsidiary ledger have normal debit balances.
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A bonus is non-guaranteed and usually on-the-spot (ie just after the ac tleading to its payment). An incentive is a plan which is forward-looking. Payment is tied to the achievement of specific objectives that have been pre-determined and communicated to the employees that are on the plan.
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5. SAP Provides Shorter Implementation Time and Fastest Financial Payback: SAP is the second most expensive ERP system after Oracle. As compared to other ERP system, it gives most rapid financial reimbursement which is an advantage for businesses utilizing SAP.
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These are: 10% discount applicable of properties in case of residential property, non-residential and open plot registered to build a building. The amount for rebates of 10% is up to INR 25,00. However, above the 25,001 amounts, the tax rate will fall to 5%.
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If you're single, your total rebate income must be less than $32,279 for the financial year to be eligible for the maximum SAPTO of $2,230. The SAPTO progressively reduces by 12.5 cents for every dollar over this amount, up to a rebate income level of $50,119 (where the offset cuts off completely).
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If you do not have a lot of cash available for a down payment, you can often use the rebate as your down payment. Rebates are offered by the manufacturer to consumers in order to get them to purchase a particular type of vehicle. ... The rebate is simply applied as a down payment in most cases.
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GST/HST Treatment of Coupons, Manufacturers' Rebates, and Gift Certificates. ... Often, when a coupon is applied to reduce the price, the tax is charged on the full price before the coupon.
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Difference between Bill & Invoice Discounting While invoice discounting is meant to take a loan only against the unpaid invoices up to next 90 days, bill discounting is set up against all 'bills of exchange', and can be used to take a loan for bills due from 30 days to 120 days.
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Education discounts on software and accessories are, unless they've changed policy recently, not available from the physical Apple Stores. Be prepared to show your student ID or provide other proof of enrollment. Regards. Since the discounts are Apple they should be the same whether on-line or in-store.
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You'll generally save more using the coupons, and here's why: ... With our coupons, you may find prices that are lower than those available with our discount card, because the card offers one discounted price only, while there are many more discounts available with GoodRx coupons.
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Southwest Anytime fares are the mid-tier fares which just like Business Select, are fully refundable. ... With Business Select you get the priority boarding, the free premium drink, and get to earn 12 Rapid Rewards per dollar spent versus the 10 Rapid Rewards per dollar spent that you get with Anytime fares.
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Each year the UK gets a discount on its contributions to the EU—the 'rebate'—worth about £4 billion last year. Without it the UK would have been liable for £17 billion in contributions.