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Why an audit trail is beneficial for rebate accounting

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Every business should keep its rebate agreements transparent, recording each step in the process so that it can be traced back to the original source. To get the whole financial picture of your rebate deals you need to identify and fix any critical errors and assess ways to improve your rebate accounting process. To do this, you need access to a complete and reliable audit trail. What is an audit trail? An audit trail is a detailed record of a financial transaction or a document such as a...

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