Early-payment discount (Skonto) calculator
Calculate the discount and the amount due — and how high the discount really is as an annual rate.
Amount due with discount
€980.00
- Discount saving
- €20.00
- equivalent annual rate
- 45.9 %
01
Deduct the discount
Pay within the discount period and you deduct the discount rate from the invoice amount.
02
The hidden interest
A discount is a short loan: 2% for paying 16 days earlier is over 40% a year — usually worth paying.
03
The period matters
The effective rate rises the shorter the gap between the discount period and the payment term.
Non-binding calculation, no warranty. Effective rate uses the 360-day approximation.
State payment terms cleanly
In DasHandwerk.xhub you store discounts and payment terms and print them on every invoice automatically.