German translation: in dem Umfang, in dem der Rabatt beanspruchen werden kann
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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:
as progress toward earning the rebate is made
in dem Umfang, in dem der Rabatt beanspruchen werden kann
English to German translations [PRO] Bus/Financial - Accounting / Buchungsgrundsätze
English term or phrase:as progress toward earning
If the consideration is based on a cumulative level of purchases (e.g. volume rebates) or retaining a customer for a specified period of time, the reduction to revenue should be recognized systematically and rationally **as progress toward earning** the rebate is made by the customer with a corresponding liability recorded.