Rebates

Ace your homework & exams now with Quizwiz!

Rebate Type: DPI (Direct Parent Incentive)

6 month incentive typically 1% of qualifying sales paid by corporate

Rebate Type: Exclusive Brands (EB)

Based on purchases of US Foods branded products

Rebate Type: Growth

Based on the amount of purchases increasing over a specified period

Rebate Type: Prompt Pay (PP)

Based on the customer paying within specified terms or method

Rebate Type: Drop Size (DS)

Based on the number deliveries to customers; less deliveries with larger quantity = larger rebate

Rebate Type: Volume Based (VB)

Based on the volume of product customer orders

Rebate Type: Post to GL

CAS update to allow accrual to one set of customers but payment to another OR immediate issuance of payment

Rebate Type: NBI

Incentives given to new customers based on 1% for the first 6 months of sales

Rebate Type: Post-Pay

Issues customer a flat dollar amount but payment can be issued as requested by FM; amortized as specified or throughout life of contract

Rebate Type: Flat Fee-Pre pay

Issues customer a lump sum for signing on as a customer and is amortized throughout the life of the contract

Rebate Type: Bank Statements

Quarterly rebate for buying groups Premier, Amerinet, VA. Calculated by corporate (Pat Barnes) and paid in CAS through FSC.


Related study sets

Physics 2 Exam 3 - Quizzes - Ch 16, 17, & 18

View Set

Sentence Grammar Diagnostic Post-Test English 102 Wes Mantooth LWIT LWTCH

View Set

Research, Chapter 12, Populations and Samples in Research

View Set

ECON - Aggregate Demand Smartbook

View Set

CHAPTER 5: RULES AND REGULATIONS

View Set

MLT ASCP Practice Questions: Urinalysis & Body Fluids

View Set

Chapter 21: Family-Centered Care of the Child During Illness and Hospitalization

View Set