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This suggestion was requested already https://central.xero.com/s/question/0D51N00004GHabYSAT/can-you-apply-an-early-payment-discount-on-invoices-for-customers. It has over 3000 views and is closed now. Still being ignored by Xero. WOW!!. They forget that accountants and advisors has a strong influence on what their customers must use. Maybe 3 mil subscribers, mostly encouraged by advisors than advertising.

Has there been any movement on this idea, Transport and Main Roads Queensland have this in place for registration renewals. i,e. if paid before xx/month/year the price is $xx, if paid after then full invoiced price. if a gov't dept. has it it's not that revolutionary.

This feature would be so helpful but I won't hold my breath. It was first requested in 2013 and there are still people asking for it every month, I found this after looking at another thread on the same topic. I don't think that Xero will ever listen. Like so much with Xero it mainly works and then it doesn't.

I've had a request from a client for this - it would be a helpful feature.

I have a new client who needs this option when trading with WH Smiths and Holland and Barrat

Need to add early payment / settlement discount without having to issue a separate credit note for individual invoices.

this is an important function and takes extra time to add a credit note.

Our distributors get a discount per line item, and then some of them get an additional settlement discount. In Pastel the additional Settlement discount was shown underneath the Sub Total, just before VAT was added. I am in desperate need for this function to be added.

Has there been any advances regarding settlement discount to a supplier? We have contracts with some of our suppliers and if we pay before the term date due for the specific invoice we are require to get a % discount on this payment..

I see that in the bank recon we can choose adjustments - bank fee and minor adjustment option...? can there not be a adjustment called settlement discount and this will populate or post to a setup discount account?

Please advise on this feature because a credit note is a very time and we would like to make use of a setup or something that will allow this to happen?

Hi Team,

I see here only 24 votes, however on another thread containing discussion on this topic there are nearly 3000 views. The question was posed in 2018 by Anthony Carter and that thread was closed.

Here is the link: https://central.xero.com/s/question/0D51N00004GHabYSAT/can-you-apply-an-early-payment-discount-on-invoices-for-customers

Is it possible that the importance of this feature is flying under the radar - the fact that 3000 views have happened on that other thread indiactes a strong interest in this feature being added.

At a time where cashflow is more important that ever for small businesses, it feels like here is a feature that Xero could work on that would genuinely help small businesses to incentivise their larger customers to pay sooner/ on time and help alleivate stress.

This blog on Xero describes Xero's "why" as "making life better for small businesses (https://www.xero.com/blog/2019/09/driven-by-purpose-the-customer-experience-journey/)

So I feel that in that vein, this feature should be bumped up because it is something that can directly impact cashflow for small business customers of Xero, therefore making life better for them.

I have the potential of 100+ traders taking advantage of Early Settlement discount . . an I really going to have to raise credit against each payment? Very very time consuming.

Please do add an easy way to enter and apply an early pay discount. It is very time consuming to enter a credit note for each early pay discount taken.

Please do add an easy way to enter and apply an early pay discount. It is very time consuming to enter a credit note for each early pay discount taken.

I cannot see an answer from Xero regarding this? Is it possible to apply early settlement discount to a customer invoice? If it isn't then Xero are behind Sage and Quickbooks

I`m a new user and we do offer settlement discount for prompt payment. It appears there may have previously been a link, cant seem to find it here. Can it be set up again so at least I can see a work around for the moment?

We offer our customers a settlement discount if they pay early and would need an easy way of allocating this when they pay without the need to keep raising a credit note for the discount. Can you offer anything for this

Yes, Xero. Please add this as a feature. Sage and QB has this as standard on payment. It will take out the hasslein bank reconciliation

Good day, please advise if it is possible to do discount journals against customers? It seems that we still need to do credit notes against the customer?