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In Belgium the cash discount (= escompte/korting) is quite specific.

 
The cash discount impacts the basis to calculate the VAT amount and the basis itself.
If we take the following example:

 
You sell goods for 1.000€ VAT Excluded
You give 2% cash discount to your client if he pays you during 7 days after the invoice date.

 
The following calculation has to be done: 

When you create the invoice the following entry is generated:




CASE 1) The client pays you during the week after the invoice date ( = so the client can benefit from the cash discount)




CASE 2) The client pays you after the 7 days


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Thanks BEK , quite recurring question!

Author Best Answer

Tax configuration


Accounting Entry with Tax configuration



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Best Answer

Odoo handles cash discount tax reductions natively from Odoo 16. (documentation for cash discounts (Odoo 16))

It is going to be even better with Odoo 16.2 :)

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