Cash Discount Calculator
Calculate whether cash discount is worthwhile for you. Compare cash discount advantage with payment term. Free with amortization schedule, interest comparison,.
Amount with Discount
4.900,00 €
Savings
100,00 €
Eff. Annual Rate
36,73 %
Definitely take the discount!
The effective annual rate of 36,73 % represents the cost of forgoing the discount and paying 20 days later. As long as your overdraft rate is below 36,73 %, it pays to take the discount.
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.
Step-by-Step Guide
How to calculate den Skontovorteil step by step: 1. Rechnungsbetrag enter: Der Bruttobetrag der Rechnung. 2. Skontosatz angeben: Ueblich 2-3 %. 3. Zahlungsfristen enter: Skontofrist (z. B. 10 days) und regulaeres Zahlungsziel (z. B. 30 days). 4. Skontobetrag calculate: Rechnungsbetrag x Skontosatz / 100. 5. Effektiven Jahreszins calculate: Eff. interest = (Skontosatz / (100 - Skontosatz)) x (360 / (Zahlungsziel - Skontofrist)) x 100. Dieser Wert zeigt, wie viel Rendite das Skontoziehen bringt. 6. Entscheidung: Wenn der effektive Jahreszins hoeher ist als Ihre Finanzierungskosten (Kontokorrentkredit), lohnt sich Skonto. Beispiel: Rechnung 10.000 EUR, 2 % Skonto bei Zahlung innerhalb 10 Tagen, Zahlungsziel 30 days. Skontobetrag: 10.000 x 0,02 = 200 EUR. Zahlbetrag: 9.800 EUR. Effektiver Jahreszins: (2 / 98) x (360 / 20) x 100 = 36,7 %. Selbst bei Finanzierung ueber Kontokorrentkredit (12 %) lohnt sich Skonto: 36,7 % Rendite vs. 12 % Kreditkosten.
Calculation Example
Rechnung 10.000 EUR, 2 % Skonto bei 10 Tagen, Zahlungsziel 30 days. Skontobetrag: 200 EUR. Effektiver Jahreszins: 36,7 %. Lohnt sich bei Finanzierungskosten unter 36,7 %.
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