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Supplier Credit
(redirected from Supplier Credits)

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Supplier credit
Self-financing of a supplier's operations. Also the agreement of a supplier of goods or services to deferred repayment terms.

Supplier Credit
An agreement between a supplier and a buyer whereby the supplier defers payment. That is, supplier credit occurs when the supplier accepts installment payments for the supplies he/she sells.


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As the numbers above also confirm, firms will be forced to rely more heavily on retained earnings and supplier credits.
The review indicates GM erroneously booked the supplier credits as income in the year they were received rather than to future periods, GM said.
Although C&A reported steady revenues throughout the Class Period, the Company's seemingly optimistic financial prospects were the direct result of artificially inflated revenues caused by improper accounting for supplier credits and rebates, the complaint alleges.
 
 
 
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