Entering Cash Discount Data in Documents 

Use

In the field Disc.amount, you can specify a cash discount amount that cancels the cash discount percentage rate specified in the first cash discount term. If you do not enter an amount, the system calculates the cash discount automatically from the cash discount percentage rate and the cash discount base. You can also enter the cash discount base amount manually or have the system calculate it.

The system determines the cash discount periods and percentage rates using the terms of payment contained in the Days/percent. field. The system proposes a value for these fields. You can however also make manual entries. For more information about terms of payment, see Entering Terms of Payment.

When you post to a vendor account, you can also set a fixed cash discount amount or a cash discount percentage rate. That is, cash discount is granted independently of the payment period. To do this, select the indicator Set.

Integration

When you enter a line item in a customer or vendor account, the following fields are relevant for cash discount:

Activities

You always enter the cash discount amount and the cash discount base amount in the respective document currency. If you post a document in foreign currency, you must enter the cash discount amounts in the foreign currency.

When you enter cash discount percentage rates and cash discount amounts, you can define a maximum cash discount percentage rate for all employees in one company code (or for a group of employees). When you enter a line item, the system then checks whether these upper limits have been adhered to.

You define these limits in Customizing under Financial Accounting Global Settings ® Maintain Authorizations. See also Configuring the System Using the Implementation Guide.