Rebate Fair Value/Fair Value Type

Select Rate or Amount in the drop-down list, based on whether the rebate credit for deferred revenue should be calculated as a rate or amount, and then specify the rate or amount that your company has determined to be the customer's fair value of the rebate. This value creates a deferred revenue credit during order invoicing.

When the type is Amount, the value should be a constant amount, expressed in the domestic currency, to be applied per unit.

When the type is Rate, the value should represent a fraction of one to be applied to an item's extended price. For example, the value 0.010 indicates the rate for 1%.