Skip to Content

Early Payment Discounts — Auto-Apply on Invoice Payment

by
Odoo

$ 39.00

v 18.0 Third Party
You bought this module and need support? Click here!
Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies • Invoicing (account)
• Discuss (mail)
Lines of code 394
Technical Name lv_nova_early_payment_discount
LicenseOPL-1
Websitehttps://www.luanviservices.com

Early Payment Discounts — Auto-Apply on Invoice Payment

Incentivize faster payment by offering a cash discount to customers who pay within a short window. Configure the discount on your payment terms, let the invoice banner remind the customer of the savings, and apply the discount with one click — the journal entry is created and reconciled automatically.

⚙ Configure on payment terms

Add a discount % and deadline (e.g. 2% if paid within 10 days) to any payment term — works for all invoices using that term.

📢 Invoice banner

A green banner on posted invoices shows the discount amount, the reduced total, and the deadline. Turns orange when the window expires.

💰 One-click apply

Click "Apply Early Discount" to open a pre-filled wizard. Confirm to post the journal entry and reconcile it against the invoice.

📒 Automatic journal entry

Debit Accounts Receivable (reduces balance) and Credit a Sales Discount account. The discount is fully traceable in accounting.

Example: "2/10 net 30"

💰 Early Payment Discount Available
Pay by 2025-01-15 to save 2% ($48.00). Amount to pay: $2,352.00 instead of $2,400.00.
⏰ Discount Window Expired — The 2% discount was available until 2025-01-15.

How to set up

  1. Go to Accounting → Configuration → Payment Terms.
  2. Enable Early Payment Discount on any payment term.
  3. Set the Discount %, Discount Days, and the Discount Account (usually a "Sales Discounts" income account).
  4. Assign that payment term to a customer invoice. The banner appears automatically once the invoice is posted.
  5. When the customer pays within the window, click 💰 Apply Early Discount. The wizard pre-fills all values — just confirm.

Compatibility

Odoo 18.0 Community Enterprise Requires: Accounting / Invoicing

Technical notes

  • The discount is applied on the untaxed amount. Taxes are not discounted (standard accounting practice).
  • The journal entry debits the receivable/payable account and credits the configured discount account, then reconciles with the original invoice line.
  • The module adds no new database columns to account.move except early_discount_applied (Boolean). All other fields are computed on the fly.
  • Works for both customer invoices and vendor bills.

Support

For questions or bug reports, please use the support button on the App Store or email luanviservicesinfo@gmail.com.

Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies • Invoicing (account)
• Discuss (mail)
Lines of code 394
Technical Name lv_nova_early_payment_discount
LicenseOPL-1
Websitehttps://www.luanviservices.com 
Odoo Proprietary License v1.0

This software and associated files (the "Software") may only be used (executed,
modified, executed after modifications) if you have purchased a valid license
from the authors, typically via Odoo Apps, or if you have received a written
agreement from the authors of the Software (see the COPYRIGHT file).

You may develop Odoo modules that use the Software as a library (typically
by depending on it, importing it and using its resources), but without copying
any source code or material from the Software. You may distribute those
modules under the license of your choice, provided that this license is
compatible with the terms of the Odoo Proprietary License (For example:
LGPL, MIT, or proprietary licenses similar to this one).

It is forbidden to publish, distribute, sublicense, or sell copies of the Software
or modified copies of the Software.

The above copyright notice and this permission notice must be included in all
copies or substantial portions of the Software.

THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR
IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY,
FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT.
IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM,
DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE,
ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER
DEALINGS IN THE SOFTWARE.

Please log in to comment on this module

  • The author can leave a single reply to each comment.
  • This section is meant to ask simple questions or leave a rating. Every report of a problem experienced while using the module should be addressed to the author directly (refer to the following point).
  • If you want to start a discussion with the author or have a question related to your purchase, please use the support page.