Entries by Tyron Montgomery

How to book discounts in Odoo

In Germany, the legal payment period for any kind of purchase is 30 days. Many companies offer discounts to speed up payment. After all, their own liquidity is at stake. Usually, discounts vary between 2 and 3%, if the price is paid within a shorter payment period. The promised price reduction encourages the customer to settle an invoice quickly. This provides advantages for both the issuer of an invoice, since he will get his money earlier, and for the recipient of the invoice, since he can save money.