Odoo 10 Implementation Cookbook

Cash discount - Reconciliation model

Usually, cash discounts are given to customers who clear their payment on or before the due date. The cash discount policy helps a lot to maintain cash flow in a business. For example, normally, a 2 percent cash discount is given if a customer clears the payment within a week, otherwise, the customer can pay within 30 days from the date of the invoice. So, you should be able to identify whether the customer eligible for a cash discount now; is eligible, you can process the bank reconciliation with the cash discount.

The reconciliation model can help you to speed up the process. You can create a reconciliation model from Accounting Dashboard: click on the More link for the bank where you want to allow the ...