Erpnext: Enhancement: "Skonto" Early Payment Rebates in Germany

[dottenbr]

In Germany it is customary to have payment terms such as 30 days net, but then also we have a concept of "Skonto" which means that a customer can deduct a discount if he pays within a certain time.

Typically payment terms would be 30 days net, 3% discount within 10 days or 30 days net, 2% discount within 14 days. This would also allow us to configure for example a 5% discount in 0 days if the customer pays with cash in advance.

I believe this is a total standard requirement for any customer in Germany. Actually this will lower the tax amount too. This needs to be configurable in the customer.

The skonto will have to be booked correctly into the received skonto in case of buying or given skonto in case of selling.

[paulator]

Are there any news about this topic?

Is there any known workaround to handle "Skonto"?

[tundebabzy]

This is known as a cash discount in accounting. I don't yet know if this is implemented in ERPNext but it is desirable.

[RANSoftRA]

@paulator I am also looking for a solution for that. I found a thread where someone mentioned that this can be done by setting up negative taxes https://discuss.erpnext.com/t/further-customizing-sales-invoice-printformat/10306

But yeah - would be a nice feature if ERPNext would support skonto / cash discount natively.

[tundebabzy]

This will be implemented in Payment Terms soon

[onkeld]

Any news on this? I can't find the implementation in Payment terms yet...
Payment Terms in current version 12 of ERPnext only allows splitting the bill - i.e. 50% payable before delivery, 50% payable after deliveriy.
I still cannot find a way to allow a discount of some sort for speedy payments (i. e. the bill will have to be payed in full within 30 days, but if customer pays within 10 days, a discount of e.g. 2% to the total before taxes should be applied).

[tstrohmeier]

This feature is also needed for Austria. Are there any news on this new feature?

[dottenbr]

If somebody is willing to pay for this contact me by email and we can put a proper proposal together to get this in core.