How would I make a provision for a customer volume/value rebate?
One of our clients takes a rebate using debit notes which are sent to us sometimes months after the invoice is raised. A lot of the time they deduct the debit note values from their payments without sending the actual debit notes to us and sometimes it can take us months to get them from them. I want to reflect this in our accounts so they are showing to be true and accurate.
Any advice would be greatly appreciated.
Thank you.
Sadee-Jo.
