Validating samples: Special cases

Financial discount or discount for cash

When a financial discount or a discount for cash is available, the calculations will be as follows:

• Net amount: €100
• VAT percentage: 21%

In a normal situation, the VAT amount would be €21.
In case of a discount situation, the VAT amount will be €20,58.

How is this calculated?
With a discount percentage of 2%, the taxable amount is €98 (because €100 - 2% = €98).
The VAT amount is based on the taxable amount, so 21% of €98 = €20,58.
The Total amount will thereby result in €120,58.