Cash Discount Calculator
Calculate whether cash discount is worthwhile for you. Compare cash discount advantage with payment term.
Amount with Discount
4.900,00 €
Savings
100,00 €
Eff. Annual Rate
36,73 %
Skonto nutzen lohnt sich!
Der effektive Jahreszins von 36,73 % entspricht den Kosten, wenn Sie auf das Skonto verzichten und stattdessen 20 Tage später zahlen. Solange Ihr Kontokorrentzins unter 36,73 % liegt, lohnt es sich, das Skonto zu nutzen.
Note: These calculations are for informational purposes only and do not replace professional tax or financial advice. All information without guarantee.
Frequently Asked Questions
What is a cash discount (Skonto)?
Skonto is a price reduction for prompt payment, typically 2-3% for payment within 10 days. Taking skonto is almost always financially beneficial, as the annualized saving far exceeds typical loan interest rates.
How do I calculate the annualized benefit of Skonto?
Use the formula: (Skonto rate / (100 - Skonto rate)) times (360 / (payment term - Skonto term)) times 100. A 2% Skonto for payment within 10 days vs. 30 days equals about 36% annualized return.
What is the Cash Discount Calculator?
The cash discount calculator computes the discount amount and the effective annual rate that a cash discount for early payment provides.
How does the Cash Discount Calculator work?
Enter the invoice amount, discount rate and payment terms. The calculator determines the discount amount and the effective annual rate. A high effective rate indicates that early payment is worthwhile.
Key Data and Facts
Typical cash discount: 2-3% for payment within 10 days. Effective annual rate for 2% discount / 20 days early: approx. 36%. Cash discounts are almost always worthwhile.
Related Calculators
Loan Calculator
Calculate monthly payments, total costs and amortization schedule for your loan. With interest rate, term and extra payments.
Interest Calculator
Calculate interest and compound interest for your investment. With monthly or annual compounding and savings rates.
Mortgage Calculator
Calculate your mortgage with repayment, fixed-rate period and extra payments. Including amortization schedule and remaining balance.
Compound Interest Calculator
Calculate the compound interest effect over any period. See how your wealth grows exponentially.