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Types Of Rebates

There are four basic types of rebates:

Discount

This type of rebate is a guaranteed reduction in the value of the goods. The system automatically uses these rebates when calculating expected costs and proposing sells.

These rebates are a discount to the value charged on the original Tax Invoice. The supplier issues you with an Adjustment Note.

Target

This type of rebate is similar to a Discount but it is not guaranteed. The system does NOT use these rebates when calculating expected costs and proposing sells. At this stage the system cannot claim these types of rebates. If the supplier believes you are entitled to this type of rebate, it is treated as a discount to the original Tax Invoice and the supplier issues you with an Adjustment Note.

Service

This is a payment by the supplier for a service such as advertising, displaying products, and so on. The system does NOT use these rebates when calculating expected costs and proposing sells, although you can see its effect using Cost Analysis.

As you are the provider of the service and the supplier pays you for the service, you are to raise a Tax Invoice on the supplier. This is done by creating the supplier as an Account customer, and selling this service (tax inclusive) as a product, like any other product. This is similar to delivery. This tracks your GST liability and appears on the Tax Report.

Service Cost

This is basically a Service rebate except the system WILL take it into consideration when calculating expected costs and proposing sells.

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