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Accounting and Invoicing

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Cash discounts

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In this video, learn how to offer discounts for early payments on your invoices.

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1. If you have a 2% cash discount on a 1000.00€ invoice and the “Reduced Tax” is set to “Always”, what will be the base for the tax?
1000.00€ 980.00€ 1000.00€ or 980.00€ depending on if the customer paid early
2. How can the customer know about the payment terms and the cash discount?
Both parties agreed upon payment terms before the quotation. The payment terms are written on the quotation. The payment terms are written on the invoice.