Customer rebates vs. supplier rebates — what you need to know
When it comes to rebates there are two sides of the story: customer rebates and supplier rebates. How to differentiate the two can cause confusion. So, to explain the difference between customer rebates and supplier rebates we will take a different approach and think of them like a tango, rather than a war.
What are customer rebates?
Customer rebates is a term applied to the business process where a company is managing the rebate liabilities they have out to their customers: rebate monies they’re going to pay to their customers at some point in the future.
What are supplier rebates?
Supplier rebates is a term that is used where a company is managing their income stream of rebates that will become due in, from their suppliers.